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Advantages of Seychelles company registration
1. Overseas income is completely tax-free
Seychelles is known as a 'tax-free paradise', where companies registered in Seychelles are completely exempt from foreign income tax, including corporate income tax, capital gains tax, inheritance tax, or dividend tax. This means that companies can retain more profits for business expansion and strategic layout. For enterprises engaged in international trade, cross-border e-commerce and other businesses, significant tax advantages can significantly enhance their profitability and market competitiveness.
2. Non tax resident enterprises do not need to declare or pay taxes, resulting in low compliance costs
If the company is identified as a non resident tax enterprise, it does not need to file tax declarations or pay taxes in Seychelles, greatly simplifying the tax compliance process of the enterprise and reducing compliance costs. Enterprises can invest more time and energy into the development of their core business without worrying about tedious tax affairs.
3. Strong privacy protection
In today's increasingly important era of information security, Seychelles companies have demonstrated outstanding performance in privacy protection. Directors and shareholders' information is not publicly disclosed, and company registration information is strictly kept confidential, effectively avoiding potential risks caused by commercial information leakage. This is highly attractive for investors and entrepreneurs who value commercial privacy and wish to protect personal asset information.
4. Convenient and efficient registration
Registering a Seychelles company does not require physical operation, only one person can register, and there is no nationality restriction. The registered capital does not need to be paid in. Simple registration requirements and convenient registration process enable enterprises to quickly complete registration, conduct business quickly, and seize market opportunities.
5. No foreign exchange control
Seychelles implements a policy of no foreign exchange controls, allowing for free flow of funds and supporting multi currency accounts, facilitating global trade settlements. When conducting international trade, cross-border investment and other businesses, enterprises can more freely allocate funds without being restricted by foreign exchange restrictions, greatly improving the efficiency of fund utilization and business flexibility.
6. High international recognition
Seychelles companies have a high level of international recognition and can open offshore bank accounts, sign international agreements, and participate in overseas investment and financing. This provides strong support for enterprises to conduct global business, helping them expand into international markets and enhance their international influence.
1、 Types of Seychelles Companies
01. International Business Company (IBC)
Applicable scenarios: international trade, investment holding, asset segregation, intellectual property ownership.
characteristic:
Prohibited from operating within Seychelles and only engaged in offshore business.
No foreign exchange controls, funds can be freely transferred.
02. Companies Special License (CSL)
Applicable scenarios: financial services such as funds, trusts, and banks.
Features: Requires special license application and is subject to supervision by the Seychelles Financial Services Authority (FSA).
03. Domestic Company
Applicable scenario: Conducting physical business (such as tourism and retail) within Seychelles.
Features: Enterprise income tax (15%) is required, and information is partially disclosed.
2、 Core conditions for Seychelles company registration
01. Shareholders and Directors
At least one shareholder and one director (can be the same person, natural persons/companies are allowed).
No nationality restrictions, no need for Seychelles resident status.
02. Registered capital
The standard registered capital is 50000 US dollars (no actual payment required, different currencies can be selected).
03. Registered address
A local registered address in Seychelles is required (usually provided by an agency).
04. Company Name
It should end with "Limited", "Ltd", "Corp", etc., and should not contain sensitive terms such as "Bank" and "Insurance".
3、 Seychelles company registration materials
（1） Shareholder/Director Information
Copy of passport or ID card (notarized and authenticated).
Proof of address for the past 3 months (utility bills, bank statements).
（2） Company Articles of Association
Drafted by an agency or lawyer to clarify the equity structure, business scope, etc.
（3） Registration Application Form
Fill in the company name, director/shareholder information, registered capital, etc.
（4） Due diligence documents
Resume of shareholders and directors, bank recommendation letter (some agency requirements).
4、 Seychelles Company NoteRegister process
Step 1: Name Search
Submit 3 alternative names to the Seychelles Registry (ROC) to ensure there are no duplicates.
Step 2: Sign the document
Shareholders/directors sign the company's articles of association, power of attorney, etc. (can be completed remotely).
Step 3: Submit Application
The agency submits materials to ROC and pays government fees (approximately $500-1000).
Step 4: Obtain the certificate
After approval, obtain company registration certificate (COR), articles of association, director register and other documents.
Step 5: Open a bank account
Open an offshore account with company documents (recommended banks: Bank of Cyprus, Bank of Mauritius).
5、 Notes on Seychelles Company Registration
1. Compliance Business Declaration
IBC companies are not allowed to conduct business within Seychelles, otherwise they need to apply for local tax status.
2. Annual maintenance
Pay an annual fee (approximately $300-1000), and penalties or cancellation will be imposed if overdue.
3. Information change
Changes in directors/shareholders must be filed with ROC through an agency.
4. Opening a bank account
Choose a bank familiar with offshore business and prepare a detailed business plan to pass KYC review.
6、 Frequently Asked Questions about Seychelles Company Registration
How long does it take to register a Seychelles company?
Answer: Regular registration takes 5-7 working days, while expedited services can be shortened to 24 hours (doubling the cost).
Can Seychelles companies be used for cryptocurrency business?
Answer: Yes, but you need to choose a bank account that supports cryptocurrency and ensure business compliance.
Do I need to do accounting or auditing after registration?
Answer: IBC company does not have audit requirements, but it is required to retain internal financial records for at least 7 years.
Will shareholder information be made public?
Answer: The Seychelles Registry does not disclose shareholder information, but the agency needs to keep KYC records for regulatory inspections.
Can the company name be in Chinese?
Answer: Yes, but an English translation and notarization are required.
