apollo

LP Features

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Features  |  Formation  |  Prices

Key Features

General  
   
Type of entity: Limited Partnership
Type of law: Hybrid
Shelf company availability: No
Our time to establish a new company: 2 weeks
Government Incorporation Fees US$200
Tax Exemptions Granted for 20 years
  • all Seychelles tax or duty on income or profits
  • stamp duty on property transfers, share transfers, and other business transactions
  • trades tax on all furniture and equipment that is important into Seychelles to be used in the office
  • miscellaneous exemptions under the Social Security Act
Name Has to include Limited Partnership or LP
Registered Office In Seychelles
   
   
Share capital or equivalent  
Standard currency: US$
Permitted currencies: Any except Rs
Minimum paid up: US$1
   
   
Partners  
Minimum number: Two (at least on general partner and one limited parnter)
Local required: General partner has to be local, either a resident individual or an IBC or domestic company or CSL or an LP
Publicly accessible records: Yes
Location of meetings: Anywhere
   
   
Accounts  
Requirement to prepare: Yes
Audit requirements: Not applicable
Requirement to file accounts: No
Publicly accessible accounts: No
   
   
Other  
Requirement to file annual return: Yes, but not public, only to SIBA
  An annual certificate must be filed verifying compliance by the LP with the provisions of the Act.
Restriction on business Cannot carry on business in Seychelles, except to the extent necessary for the carrying on of the LP's business outside of Seychelles