The independent democratic Republic of Seychelles is an offshore jurisdiction with a stable political system that offers attractive complete offshore formation packages.
Seychelles International Business Companies (“SYIBCs”)
SYIBCs are light-weight and flexible types of offshore companies that are used by stakeholders across the various types of industries.
SYIBCs offer a swift legal entity to stakeholders with a speedy timeframe (2 days) for incorporation and low set-up cost.
SYIBCs are taxed at 0% on their worldwide income. They are also exempted from capital gains tax, withholding tax on dividends and withholding tax on interests.
Each SYIBC shall at all times have a registered agent in Seychelles. There is no requirement to have a local director and it can be owned 100% by foreigners. The same individual can be director and shareholder of the company.