Are You Aware about the Seychelles Company Formation Requirements?

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Seychelles is a beautiful island in the Indian Ocean. It has grown to become one of the largest offshore business centers in the world. Its popularity is on the increase due to the flexible rules that the country provides. First of all, you do not need to have more than one director in the company.

Furthermore, the directors do not have to be shareholders of the company.

Seychelles is indeed marvelous. The setting of the island provides easy access from many countries on the mainland. It is a stop for many cruise ships and other transportation means. It is a republic and operates on both the English common law and French civil law in its legal system. It is the ideal place to set up your offshore company. Its requirements are basically those of the IBC (international business corporation)

Seychelles company formation process is easy and provides all the privacy you could need. In this sense, you can easily set up and manage a company in Seychelles without much hassle and worry. The Seychelles company formation process is simple and it will only take you five days to have your company up and running.  You need to have an office in Seychelles for all your business activities. This is the registered office and it should be able to handle all the paperwork of your company. You are to send the office address and name of the subscriber of the business to the registry.

When setting up the company, you are required to have it in the official language that is English or French. However, you are allowed to run the business in the language of your choice provided that you provide translations in English or French. This is just how flexible the rules of Seychelles company formation are. You are not allowed to have a company with the same name as the one in your country of origin. You need to search for a name that is available to use for your company name.

In addition, there are no minimum or maximum capital requirements for the Seychelles company formation. However, you are required to pay statutory fees for the capital that you choose to have. If you are having capital of less than $5,000 you are required to pay a fee of $100, if your capital is less than $50,000 then you are to pay a fee of $200 and fort amounts greater than $50,000 you are to pay $1000 as the fee.

Once your company is incorporated you are to file for the Memorandum of Association. Your new company is exempted from taxes but you are required to pay yearly charges for renewal of company documents, government charges and so on. The registered office is meant to handle all this type of paperwork concerning the company.

Make sure that you are aware of all the requirements and rules concerning registering an offshore company in Seychelles. These islands provide one of the best places to set up a business because it is away from the mainland and provides you with all the privacy you need.

We provide the following company formation services, Seychelles Company Formation |Belize Company Formation| Offshore Company Formation | BVI Company Formation | Bahamas Company Formation

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