As an offshore jurisdiction, the Seychelles is considered to be one of the best in the world because it manages to perfectly achieve that almost impossible balance between offering those who incorporate there the most private, secure and tax efficient structure available, whilst on the other hand remaining compliant and well regulated so that the Seychelles are not blacklisted as a non-cooperative tax haven.
If you want to know more about the features and benefits of Seychelles offshore company formation read on because in this article we highlight all the positive facts that make a Seychelles IBC one of the most tax efficient and secure structures in the world.
Seychelles International Business Companies are 100% tax exempt locally - as a result there is no requirement to submit any form of annual accounts or returns. What this means is that IBCs are incredibly simple and efficient vehicles to operate and they offer those who establish such an entity the opportunity to trade tax efficiently or even tax free as long as they do not conduct business within the Seychelles.
Nominated share and bearer share companies are permitted and available off the shelf in the Seychelles - what’s more it’s possible to make use of nominee directors to ensure the Seychelles offshore company you form is secure, private and confidential. To back up this provision of strong levels of confidentiality is the fact that Seychelles legal legislation guarantees total confidentiality.
In terms of the ways you can make use of an IBC established offshore in the Seychelles, you could use such an entity for anything from trading to asset protection and from tax efficient business planning to opening a secure offshore company bank account in a well respected offshore jurisdiction for example.
Additional features and benefits of Seychelles offshore company formation include the fact that although a locally established IBC cannot trade within the Seychelles, it can be used to own or to manage a yacht or private aircraft which is registered in Seychelles for example. Also, local legislation actually permits the migration of companies which are already registered in other jurisdictions which can be particularly useful and finally, there are no exchange controls in place.
If you’re looking for a tax free, secure location in which to incorporate a company why not consider the Seychelles? Our strategic business partners could form a company for you today and issue you with an offshore bank account for the company in three different currencies - all of which you can begin using immediately…to find out more complete our offshore advice form.
