Seychelles – becoming one of the most attractive offshore jurisdictions

The government of Seychelles is encouraging more and more foreign investment through the development of the International Business industry. This strategy encompasses the registration of International Business Companies, the offshore trade zones, the registration of ships and aircrafts, as well as banking and insurance.

Seychelles is becoming one of the most attractive offshore jurisdictions. The principal corporate legislation, the International Business Companies Act (IBC Act) of 1994 with some amendments in 1995 and subsequently in 2000, as well as the introduction of money laundering legislation provide a comprehensive regime for the incorporation, regulation, operation, and taxation of IBC's.

-IBCs can be incorporated in 1-2 working days
-IBCs are governed by an extremely flexible legislation and they provide for a minimum of disclosure.
-They are low costly with an annual licence fee of only $100 for an authorized share capital of $5.000
-There is complete anonymity of the beneficial shareholder
-There is no requirement for audit or for submission of annual returns
-Seychelles IBCs do not fall under the EU Code of Conduct on Business Taxation & Savings Tax Directive
-Zero taxation
-There is a continuous expansion of the Double Taxation Treaty network.
-No exchange controls or other financial controls are imposed
-Signatory to Hague Convention (1961) for Apostille.

At Cosmoserve we are pleased to inform you that we can assist you to acquire your own Seychelles IBC promptly and at very competitive rates. Furthermore, we will of course provide all the post-acquisition services that you may require. For more information, please contact us.