Seychelles IBC (International Business Company)

Procedures to incorporate

Seychelles is a small island nation located in the Indian Ocean northeast of Madagascar and about 5,000 miles (1,600 km) east of Kenya. Other nearby island countries and territories include Zanzibar to the west, Mauritius and Réunion to the south, Comoros and Mayotte to the southwest. Seychelles is known at a global level for its favorable regime available for foreign investors. This jurisdiction is also one of the most appreciated business destinations for offshore company formation, providing a set of tax advantages, offered in the form of various tax exemptions foreign investors can enjoy.

Most relevant advantages

No minimum capital requirement.

Only one shareholder or director is mandatory.
An IBC may own or manage a Seychelles-registered vessel or aircraft.
A growing matrix of tax treaties used for investment into other countries.
An international trade zone.
No corporate tax.
Not required to file accounts.
Records are not publicly accessible.
Names of company directors and shareholders are not placed in the public registry.

Residence permit and work permit are available for foreign investors.

Annual requirements

  • Annual Return – Only required to be filed with local Registered Agent
  • Preparing accounts – Yes
  • Submit Accounts – No

Recurring Government costs

  • Minimum Annual Tax/License Fee – US$ 150
  • Annual Return Filing Fee – N/A

General information

Type of law

Based on English Common Law and French Civil Law.

Exchange control

There is no exchange control.


Seychelles Rupee.


The official languages are English, French and Creole. Creole is spoken widely. English is the main language of business.

Principal corporate legislation

The International Business Companies (Amendment) Act 2021.

Company information

Type of company for international trade and investment

International Business Companies.

Procedure to incorporate

Filing of Memorandum of Incorporation at the Registry. The Articles of Association can be filed either at the same time or within 30 days of incorporation.

Restrictions on trading

Cannot trade within the Seychelles or own real estate there. Cannot undertake the business of banking, insurance, assurance, reinsurance, fund management, asset management (other than the company’s own assets) or any other activity that would suggest an association with the banking and insurance industries. A Seychelles IBC cannot provide registered office facilities in the Seychelles or sell its shares to the public.

Powers of company

A Seychelles incorporated Company has the same powers as a natural person.

Language of legislation and corporate documents

English or French. If any other language is used it must be accompanied by a translation in either English or French.

Registered office required

Yes, must be maintained in the Seychelles at the office of a licensed management company.

Shelf companies available


Time to incorporate

Same day but allow five days for delivery of documentation.

Name restrictions

Anything identical or similar to a company already incorporated. Anything that implies patronage of the Seychelles, or any other government, insurance, royal, imperial or any other name that may imply that a company intends to undertake a licensable or undesirable activity.

Language of name

The name can be in any language but must be accompanied by a translation in English or French. The documentation will either be in English, or it is possible to have bilingual documentation in English and Chinese or any other language accompanied by a translation in English or French.

Suffixes to denote Limited Liability

Limited, Corporation, Incorporated, Société Anonyme or their abbreviations. Other suffixes such as BV, GmbH, and SARL may also be used.

Publicly accessible records


Disclosure of beneficial ownership to authorities



Authorised and issued share capital

Seychelles IBCs are normally incorporated with a standard authorised share capital of US$50,000. No minimum paid–up capital requirements. The authorised share capital may be expressed in any currency. The minimum issued capital is either one share of no-par value or one share of par value.

Classes of shares permitted

Registered shares, shares of no-par value, preference shares, redeemable shares and shares with or without voting rights.

Bearer shares

Not permitted.


An International Company is exempted from local taxation.

Tax treaties

Access to Double Taxation Treaties – No.

Financial statements required

There is no requirement to file financial statements, but a company must keep records to reflect its financial position.


The minimum number of directors is one, who may be a natural person or a body corporate. They may be of any nationality and need not be resident in the Seychelles.

Company secretary

A Seychelles IBC need not appoint a company secretary, although it is customary to do so. The secretary may be a natural person or body corporate, be of any nationality and need not be resident in the Seychelles.


The minimum number of shareholders is one.

Our company licensing services

— What we do and do not do

Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency or financial related business activities.

TBA & Associates Tax Business Advisors does not provide or carry out any sort of Cryptocurrency or Financial services!

Disclaimer: While TBA & Associates strives to make the information on this website as timely and accurate as possible, the information itself is for reference purposes only. You should not substitute the information provided in this article for competent legal advice. Feel free to contact TBA Customer Services for advice on your specific cases.

We help you grow your business across international border and achieve financial efficiency.

We are ready to answer all your questions!

About us
Our Services
Reseller Program
Contact us

Offshore Jurisdictions
Central & South America
Far East
Middle East
Non European Union

Offshore Companies
Incorporating Offshore
Why going offshore
International Trade

Shelf Companies
Shelf Companies List

Global Solutions
Asset Protection
Tax Planning
Estate Planning
Virtual Offices
Bank account opening
International Investment
Property Ownership
Intellectual Property
Holding Companies

Financial Services
Virtual Assets Service Provider
Electronic Money Institution (EMI)
Foreign Exchange Money Brokers (Forex)
Private Funds
Private Asset Management Company
Financial Service Provider (FSP)
TBA & Associates Group
© 2023 All rights reserved TBA & Associates – Tax Business Advisors