Why to form offshore in Sychelles

Seychelles IBC - an International Business Company - is the most popular and versatile type of offshore corporation available in Seychelles. As most other classic offshore companies, Seychelles IBC is a tax-free corporation designed to engage into all types of international business. Being an IBC, it is subject to minimum red-tape. While being obliged to keep internal records and registries in good order, a Seychelles IBC does not have to submit any financial reports to public file. There is also no mandatory audit requirement.

Seychelles IBC is similar to the most popular international business company, the BVI IBC, and in some respects even exceeds that benchmark model of offshore corporation. Since the introduction of the Seychelles International Business Companies Act in 1994, over 100`000 Seychelles IBC`s have been registered, with more than 600 new offshore companies being registered every month.

Seychelles IBCs Uses

The Seychelles IBC is commonly used:

(1) As a vehicle to safely and discreetly hold investments including real estate, shares and intellectual property

(2) For commercial transactions and international trading operations

(3) As Oil and Commodity trading vehicles

(4) As a forex, options, futures and/or share trading vehicle

(5) As an asset protection vehicle

(6) For import/export activities

(7) As a vehicle with which to gain access to alternative investments including pre IPO offerings & private/hedge funds

(8) As a consultancy and/or personal service business entity

Advantages of Incorporating in Seychelles :-

Unparalleled Privacy: There is no public register of Shareholders or Directors in Seychelles and there is no way that a Seychelles IBC can be made to ever disclose to the Registry details of the IBC’s underlying “beneficial” owner/s.

Nominee Shareholders and Directors are permitted: A Nominee may act as the Shareholder and/or Director of a Seychelles IBC.

Other Offshore Companies can act as Nominee: As a further safeguard to your privacy another Offshore Company can be engaged to act as Nominee Shareholder or Director of your Seychelles IBC thereby doubling your IBC’s privacy protection!

No Accounting Costs: there is a requirement to file Accounts or Annual Company Returns for Seychelles IBCs. This results in less cost per year in real terms and added privacy as the Company’s asset holdings and financial records remain secret.

Zero Taxes: Seychelles IBCs pay no taxes in Seychelles and there is no stamp duty or other taxes levied when shares in a Seychelles IBC are transferred or sold.

Cost Effective Litigation Insurance: As it is nearly impossible to determine the owners of a Seychelles IBC (or whether the IBC owns any assets) there is very little incentive or reason to ever sue a Seychelles IBC.

Secure Offshore Banking: As Seychelles IBCs are permitted to open their own Offshore Bank Accounts (and taking into account that Seychelles Banking Laws are amongst some of the most privacy conscious in the world) a Seychelles IBC can be confidently utilized as a vehicle with which to securely bank funds offshore.

No US or EU IRS Interference: Seychelles has no economic ties with the US or the EU and, (unlike the BVI and many of our competitors) has not signed any information sharing agreements with the US or the EU Internal Revenue Services. Convenient Time Zone: At + 4 GMT time zone Seychelles is extremely convenient to clients based in the UK, Europe and the major Asian Business Centres. 

Political Stability: Seychelles has a stable democratically elected government and has seen little change in its political climate in the past 30 years

Seychelles IBCs, (being based on the classic Bahamas and British Virgin Islands IBC Model), offer the most attractive privacy features currently on offer anywhere in the world. Unlike the historically popular Caribbean and Channel Islands IBC Centres (most of which, as British Colonial territories, are facing enormous pressure to bring their privacy features and tax rates into line with the rest of Europe) Seychelles is a politically stable and independent republic. 

Global Company Formation UK Ltd 

Suit 6-Westward House

Glebeland Road Camberley

Surrey, GU15 3DB

Tel: 02079935929

E  :info@globalcompanyformation.co.uk

W :www.globalcompanyformation.co.uk

Welcome to Global Company Formation 

Welcome to Global Company Formation UK Limited

We offer formation advice to start up business globally. We advise you of the mode of start up like limited company, partnership, sole trader, trust and which is more suitable to your business. Our professional team consists of Lawyers, Chartered Accountants & Business Consultants in all major jurisdictions across the globe. We guide you to the country of formation on the basis your domicile status, double taxation agreement, international plan and repatriation rule of the each country. Now you can form your business anywhere in the world with us and we care your business.

Mathew Stephen FCA, AAIA, CeFA

Mathew Stephen is the founder Director of Global Accountancy Services. He is a qualified accountant from the Association of International Accountants in the UK and the Institute of Chartered Accountants of India. He is also one of the partners of international Chartered Accountants firm P. Parikh & Associates. He has 20 years’ experience in accounts, business consultancy, taxation & statutory audit. He is also a UK Independent Financial Advisor (IFA) and CeFA qualified at the IFS School of Finance.

He has won the Online Technology Award in two consecutive years, 2011 and 2012, from the Tenet Network. He specialises in Global Company Formation, International Taxation and also as Corporate Protection Advisor to the directors of Limited Companies.