apollo

IBC Features

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Features  |  Formation  |  Prices

Key Features

General

 

Type of entity

IBC

Type of law

Hybrid

Shelf company availability

Yes

Our time to establish a new company

1 day

Government fees (excluding taxation)

US$100 irrespective to Share Capital

Taxation on foreign income

Nil

Double taxation treaty access

No

Disclosure of Beneficial Ownership to Government Authorities

No

Change of Domicile permitted

Yes

Registered Office

In Seychelles

 

 

Share capital or equivalent

 

Standard currency

US$

Permitted currencies

Any

Minimum paid up

US$ 1.00

Bearer Shares

Allowed

 

 

Directors

 

Minimum number

One

Corporate Director

Allowed

Local required

No

Publicly accessible records

No

Location of meetings

Anywhere

 

 

Company Secretary

 

Required

No

Local or qualified

No

 

 

Annual Accounts, Audit, Return

 

Requirement to prepare

No

Audit requirements

No

Requirement to file accounts

No

Publicly accessible accounts

No

Requirement to file annual return

No

 

 

Restriction on business

 

IBC can not
(a) Carry on business in Seychelles.
(b) Own an interest in immovable property situated in Seychelles, or a lease of immovable property situated in Seychelles.
(c) Carry on banking as defined in the Financial Institution Act, 1984 or trust business.
(d) Carry on business as an insurance or a re-insurance company.
(e) Carry on the business of providing the Registered Office for companies.