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Founded by a group of professionals with a wealth of offshore and onshore experience from different jurisdictions.

 

JURISDICTIONS



Why Offshore Companies?


Offshore Jurisdictions

British Virgin Island (BVI)

Seychelles

Mauritius

Cayman Island


For other Jurisdictions, please contact us.

 
  SEYCHELLES



The Seychelles an archipelago of 115 islands, near the equator and outside the cyclone belt, are indeed unspoiled. The main island, Mahe, has an airport and a very good port, Victoria. Most of the 80,000 inhabitants live on Mahe, and are a blended mixture of French and African, speaking Creole, but also English and French, especially in business. The British granted independence only in 1976; the Seychelles are an independent democratic republic with a presidential style of government. The President from 1977 until 2004,

Seychelles is a new offshore jurisdiction offering the best in the current offshore legislation of the world. An offshore IBC in Seychelles offers a long list of advantages for company owners. The governing legislation is the International Business Companies Act 1994. Statutory requirements are minimal, and flexible.

Some of the features and advantages offshore business incorporation in Seychelles would allow enjoying the following benefits:

offshore IBC pays no taxes in Seychelles other than the Government License fee;
annual reporting (accounting, auditing) is not required for offshore IBC in Seychelles;
only one shareholder and one director is required. Their particulars do not appear on public record. Moreover, our nominees are available to maintain owner's confidentiality while offshore company incorporating;
bearer shares are allowed (although we will need shareholders names. This information will be kept in our office only. It will not be publicized);
Shareholders, directors and officers need not be resident in the Seychelles and there is no stipulation as to their nationality;
There is no minimum capital requirement; shares may be either registered or bearer and may be issued in any currency;
No returns are needed of shareholders, directors or officers;
Shareholders and directors meetings need not be held in the Seychelles and can be held by telephone;
The Memorandum and Articles of Association are the only documents to be held on the public record.
there are no double taxation agreements with other countries, hence no information is shared with tax authorities;
there is no foreign exchange control;
100% foreign ownership;
100% reparation of capital and profits;
no withholding tax on dividends;
no personal income tax and no other taxes connected with offshore IBC in Seychelles ownership, transfer etc;

IBC status is granted subject to certain conditions:

No business may be transacted with residents of the Seychelles;
No ownership interest in real property in the Seychelles is permitted; property may be leased for office use only;
Banking or trust business may be carried on only if an appropriate license is issued;
Likewise, a licence is required to carry on insurance or re-insurance business;
Engaging in the business of company management or providing registered facilities for Seychelles-incorporated companies is not permitted.


IBCs are permitted various activities within the Seychelles without compromising their offshore status under the Act; these include:

professional contacts with lawyers, accountants etc;
preparation and maintenance of books and records;
the holding of directors' or shareholders' meetings;
ownership of shares in other Seychelles companies, whether under the Act or the 1942 Companies Law;
ownership of Government or Central Bank securities;
ownership of a vessel registered in Seychelles.

 
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