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The Republic of Seychelles is an archipelago and country in the Indian Ocean. Seychelles is a member of the African Union, the Southern African Development Community, the Commonwealth of Nations, and the United Nations. After proclamation of independence from the United Kingdom in 1976, Seychelles has developed from a largely agricultural society to a market-based diversified economy, with agriculture being supplanted by rapidly rising service and public sectors.
Since the introduction of the International Business Companies Act in 1994 the Seychelles has grown into a competitive location for offshore company incorporations. This has made the offshore financial and corporate sector a rapidly developing part of the Seychelles economy.
The official languages are English, French and Seychellois Creole and the currency is Seychellois rupee (SCR).
Company Incorporation and local Requirements
Minimum Share Capital | No minimum |
Bearer Shares Allowed | No |
Minimum Number of Shareholders | One |
Register of Shareholders (held at registered office no public access) | Yes |
Corporate Directors Permitted | Yes |
Local Directors | No |
Minimum Number of Directors | One |
Register of Directors | Yes |
(held at registered office no public access) | |
Registered Office / Agent | Yes |
Company Secretary Required | Optional |
Local Meetings | No |
Local Secretary | No |
COMPANIES FEE SCHEDULE
Basic package
Fees for company formation – 2.000 USD
Disbursements – 100 USD
Annual fees
Registered office – 500 USD
Annual government licence fee – 117, 50 USD
Secretary (if required) – 300 USD
Confidential package
Provision of corporate director (each) – 600 USD
Provision of physical director (each) – 2.000 USD
Provision of resident physical director (each) – 1.000 USD
Provision of corporate trustee shareholder (each) – 400 USD
Provision of physical trustee shareholder (each) – 1.400 USD
COMPANY RELATED COSTS
Legalisation of Corporate documents as one set, including notary (plus disbursements) – 400 USD