Opening a company in Seychelles is attractive due to its favorable tax system, which is particularly important for the development of international business projects. The country's legal framework and economically stable environment contribute positively to business success and rapid scalability. The specialists at the international law firm Maira Consult know зареєструвати компанію на Сейшельських островах and make a startup effective immediately after its establishment.

For foreign entrepreneurs, the optimal legal structure is an IBC (International Business Company). In addition to tax exemptions for activities conducted outside Seychelles, its main advantages include:

● The registration process can be completed remotely without visiting the Republic of Seychelles.

● No minimum authorized share capital is established by law.

● Registered shares may be issued.

● Appointment of a nominee director is permitted.

● There are no residency requirements for directors or shareholders.

● Information about company owners and shareholders is protected from public access.

● The company's activities are not subject to exchange control regulations.

● International commercial transactions can be conducted without double taxation.

IBC companies are generally not required to undergo audits or submit financial statements, but they must maintain accounting records and preserve company documentation.

Step-by-Step Guide to Registering a Business in Seychelles

To conduct business in Seychelles, a company must first be officially registered.

Choose a Company Name

● The company name must be unique and include a reference to its legal form, such as IBC, Corp, or Ltd.

● Availability should be verified through the Seychelles company registry.

● Name reservation is completed through the issuance of a Name Reservation Certificate.

● The following words are prohibited in company names: Trust, Foundation, Assurance, Cooperative, Bank.

Prepare Documents for Directors and Shareholders

● An IBC must have at least one director (the founder may act as director) and one shareholder.

● The following documents are required:
○ Notarized copy of an identification document (international or national passport).
○ Proof of residential address (property ownership document, lease agreement, or utility bill).

Prepare Incorporation Documents

● The mandatory documents for company registration include:
○ Memorandum of Association
○ Articles of Association
○ Minutes of the founding meeting with apostille
○ Resolution on share issuance and allocation, together with share certificates
○ Register of Beneficial Owners

Determine Share Capital

● Seychelles does not prescribe a minimum share capital requirement for IBCs.
● In practice, a standard authorized capital of USD 100,000 is commonly used.

Appoint a Local Registered Agent

● Under current legislation, a company in Seychelles can only be incorporated through a licensed registered agent who is authorized to provide such services locally.

Establish a Registered Office Address

● Non-resident business owners typically use the registered office address of their incorporation agent.

● This address is used for receiving correspondence and storing financial and accounting records.

Pay Government Fees

● When submitting incorporation documents to the Seychelles Financial Services Authority (SFSA), government fees and registered agent service fees must be paid.

A company is considered successfully incorporated once it is entered into the Register of Companies and the owner receives a Certificate of Incorporation along with the complete package of corporate documents.

Why Choose Seychelles for International Business?

For foreign businesses and offshore activities, Seychelles remains an attractive jurisdiction. Successfully establishing a company requires a thorough understanding of The International Business Companies Act, local taxation rules, and the incorporation process.

Professional consultations and practical assistance from the lawyers at Maira Consult can help entrepreneurs understand how to register a company in Seychelles and successfully operate a commercial project in this jurisdiction.