Seychelles is a republic, consisting of an archipelago of some 115 islands, scattered across the western Indian Ocean northeast of the island of Madagascar, a member of the Commonwealth of Nations. There is an estimated population of 85,000 and a land area of 454 square kilometers. The official languages are English, French and Creole (a patois based on French). The primary industries are tourism, agriculture, and fishing. The rapidly expanding financial sector, linked to the establishment of the Seychelles International Business Authority and a suite of progressive laws facilitating the establishment of  structures and encouraging inward investment, is now a significant element of the economy.

Here are the main characteristics of the Seychelles company:

Company type: International Business Company (IBC)

Governing corporate legislation: Seychelles International Business Authority (SIBA) is the governing authority and the companies are regulated under the IBC ACT 1994

Information published relating to company officers: There is no public register of company officers (Directors, Shareholders, Secretary)

Confidentiality: The Seychelles offer a high level of anonymity and privacy

Accounting requirement: No accounting / reporting requirements

Taxation: No taxes of any sort

Standard Currency: US$

Time to form: Seychelles has a fast and efficient Registry (name and incorporation usually same or next day)

Stability: Stable jurisdiction with very good reputation

Communication: Good communication means

Time zone: Convenient world time zone : GMT+4

Secretary required: No

Paid up capital requirement: No paid up capital requirement

Basis of legal System: Under Common Law

Minimum shareholders / directors:  Minimum of 1 Director / Shareholder

Bearer shares: Bearer Shares are permitted

Fees: € 790.- to incorporate and € 690.- per year. Detailed Fees