Legislation and authority | Seychelles companies are subject to the “Seychelles International Business Authority” and ruledd according to the IBC ACT 1994 |
Information about company directors | There isn’t a public register with names of directors, shareholders, and secretaries |
Privacy | Fully guaranteed |
Accounting duties | No compulsory bookkeeping, but in conformity to art.65 Law 1994 any company has to keep receipts, invoices, and any necessary documents |
Taxation | No taxes |
Legislation | New legislation for offshore banks/companies(BVI model) |
Standard currency | US $. |
Time of constitution | Registration office is quick and reliable |
Stability | Stable and well-known jurisdiction |
Communications | Good means of communications |
Time zone | GMT+4. |
Secretary | No |
Legal system | Common Law. |
Capital to pay | Not required |
Minimum number of Directors/Shareholders | At least 1 Director/Shareholder |
Shares to the bearer | Allowed |
Costs | € 790 for company constitution – € 690/year for its maintenance |