What types of company will be set up?

International Business Companies are the companies incorporated under International Companies Act 2016 (Seychelles). The type of companies coulbe Private Limited by Shares (Pte Ltd) or Limited Liability Company (LLC).

How to set up a new company in Seychelles?

Accordingly, setting up an entity in Seychelles is a simple and highly regimented process under the Seychelles International Business Companies Act. Seychelles is attractive in terms of business setup since its nature of regulatory requirements and compliance procedures is straightforward. Here's a broad overview of how to set up a new company in Seychelles:.Steps to Set Up a New Company in Seychelles Company Name: The very first prerequisite is to select a unique name for the proposed company. The Seychelles Registrar of Companies requires that names not be identical or too similar to existing ones. It makes sense to check the availability of the name at the very outset to avoid any delay in incorporation. Appoint Directors and Shareholders: Any Seychelles company must appoint at least one director and one shareholder. They can be individuals or corporate entities, and no residency requirement applies for them, therefore allowing flexibility in the structure of the company. Filing of the Documents to be Obtained: The documents needed for incorporation shall be filed. A Memorandum and Articles of Association showing the company's activities and its rules and regulations are contained therein. All the necessary documents shall be prepared and filed with the Seychelles Registrar of Companies for approval. Registration of Local Address: By law, it is mandatory for a company in Seychelles to have a registered local address, which would serve as an address for receiving all legal and official correspondences. This address should be available as long as the company exists. Annual Compliance Obligations: Seychelles companies are obliged to fulfill all the obligations that arise annually once the companies are registered. Such includes filing an annual return and also obtaining proper records for the company to meet the requirements of the laws and regulations in that country. Summary To set up a Seychelles incorporation, there needs to be a name chosen for the company, followed by the appointment of at least one director and shareholder. Documents of necessity must then be filed, and there are various local requirements that need to be adhered to. It will be much easier and ensure that everything is done with the help of professional legal and company incorporation services, those well-versed in Seychelles laws.

Time frame and quotation of the incorporation process?

The incorporation process takes only 1-2 days since we receive all required documents and payment from your side.What is the Requirement for the Incorporation Process?The requirement is simple. You just need to submit 2 types of documents: Scan in Color of Passport Scan of Address Proof in English (Utility Bill, Bank Statement,...)See more: How to start a business in Seychelles

What is the cost of registering an IBC company in Seychelles?

The fee for the registration of an IBC having an authorized share capital up to US$1,000,000 is US$ 742 our professional service fee and Government fee plus US$ 500. Total US$ 1242.See more: Seychelles Incorporation Fees Seychelles business register

How to start a business in Seychelles?

Seychelles International Business Company (Seychelles Offshore - IBC) has totally exemption on taxes, according to the International Business Companies Act, 1994. No filing of accounts or submitting annual returns is required after the offshore has been incorporated. Seychelles is not a party in any double taxation treaty, which provides enhanced protection against fiscal inquiries. The law protects the confidentiality of the Shareholder, Director and the offshore company.How to start a business in Seychelles? Seychelles Offshore Company Formation, initially Our Relationship Managers team will ask you have to provide the detailed information of the Shareholder/Director's names and information. You can select level of services you need, normal with 2 working days or a working day in urgent case. Furthermore, give the proposal company names so that we can check the eligibility of company name in the Registrar of International Business Companies system. See more: Seychelles company register You settle the payment for Our Service fee and official Seychelles Government Fee required. We accept payment by Credit/Debit Card , Paypal or Wire Transfer to our HSBC bank account . See more: Payment Guidelines After collecting full information from you, Offshore Company Corp will send you a digital version (Certificate of Incorporation, Register of Shareholder/Directors, Share Certificate, Memorandum of Association and Articles etc.) via email. Full Seychelles Offshore Company kit will courier to your resident address by express (TNT, DHL or UPS etc.).You can open bank account for your company in European, Hong Kong, Singapore or other jurisdictions supported offshore bank accounts! You are freedom international money transfer under your Seychelles Offshore Company. Your Seychelles Company formation completed, ready to do international business!Read more: Seychelles offshore bank account Seychelles offshore company benefits×How it works?

What is a good business to start in Seychelles?

A good business to start in Seychelles focuses on how to tap into the country's thriving tourism business, an emerging digital economy, and an enabling business environment. Seychelles is a land of beautiful islands and luxury resorts, thereby offering a number of ventures for entrepreneurs to engage in. Some of these ventures are:

Eco-tourism activities
Seychelles eco-tourism is one of the excellent businesses to start in Seychelles with a heavy emphasis on environmental sustainability. This could range from guided nature tours, diving excursions to eco-lodges explaining natural beauty about the island with minimal environmental damage. More tourists are increasingly seeking green travel; thus, an eco-tourism enterprise would therefore guarantee high demand and promote eco-friendly practice.
Boutique Hotels or Guesthouses
Seychelles attracts both high and low-budget travelers. Apart from five-star resorts, developing boutique hotels or low-budget guesthouses is an option. Distinctive, personalized experiences can attract travelers in pursuit of authentic stays that will contribute to improving the local economy and accommodate a range of budgets.
Digital Marketing Services for Tourism and Hospitality
With more and more local businesses looking to tap into the pool of global customers, a good business in the tourism and travel niche that can be done is offering tourism and hospitality digital marketing services. Social media management, creating good content, and SEO services will enable local hotels, tour companies, and restaurants to increase visibility for international tourists. This ideal for entrepreneurs with experience in digital marketing.
Fishing Charters and Water Sports Rentals
Seychelles is indeed a haven for water sports, and either fishing charters or the renting of water sports equipment are in demand at any time. It could be fishing trips, snorkeling trips, jet ski-outs for both tourists and locals, which add value to their island experience.

Starting a business in Seychelles, either within the tourism industry, which is booming, or the growing digital sector, is rewarding. Emphasizing sustainable and customer-driven experiences helps entrepreneurs establish a good business to start in Seychelles while further developing the island's economy.

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