A Seychelles IBC pays no tax in Seychelles. It will also not be liable to
pay stamp duty on share transfers.
Privacy and Asset Protection
There are no public registers of Members or Directors in respect of an
IBC, and the only documents filed with the Registry are the Memorandum
and Articles of Association. Disclosure of company information may only
be made by the Registered Agent on presentation of a Court Order issued
by the Seychelles Supreme Court.
Nominee Corporate Shareholders and Directors
In order to ensure greater privacy and protection, the use of nominee
shareholders and directors is permitted
Reduced Paperwork = Reduced Costs
An IBC is not required to file Accounts and/or Annual Returns in Seychelles
which reduces costs and again ensures no publicly available information
on the IBC.
IBC Name restrictions
An IBC name may not contain words such as “Bank”, “Trust”,
“Building Society”, “Cooperative”, “Insurance”
or “Foundation”, as these are licensable activities in Seychelles
and most other jurisdictions.
IBC Trading restrictions
A Seychelles IBC cannot carry on business in Seychelles, but may maintain
records and a bank account in Seychelles and engage local advisors. An
IBC is prohibited from carrying on banking, insurance or reinsurance business,
as these are licensable activities.