Incorporate Offshore Companies of Seychelles With the Help of ISOG Lawyer.
Seychelles is a republic, consisting of an archipelago of some 115 islands, scattered across the western Indian Ocean northeast of the island of Madagascar, a member of the Commonwealth of Nations. There is an estimated population of 85,000 and a land area of 454 square kilometers. The official languages are English, French and Creole (a patois based on French). The primary industries are tourism, agriculture, and fishing. The rapidly expanding financial sector, linked to the establishment of the Seychelles International Business Authority and a suite of progressive laws facilitating the establishment of offshore structures and encouraging inward investment, is now a significant element of the economy.
Offshore companies can carry out the same types of business as onshore companies and the liability of its shareholders is generally limited to the amount of capital they have invested into the company.
The tax rate applied by the government in the jurisdiction in which an offshore company is incorporated is very low if not zero. In some jurisdictions, offshore companies offer a high level of confidentiality which onshore companies do not have.
Usually an offshore company cannot operate in the jurisdiction where it has been incorporated. An exception is Panama, where an anonymous company can at the same time operate offshore at a zero tax rate and onshore at the local tax rate.
The formation of an offshore company is quite simple, as well as its management and administration, but it requires some planning. In fact, a company does not need to be administered in the country of its incorporation.
What you need to think about is the objectives you want to achieve by setting up an offshore company: Do you need confidentiality?; Do you need to operate freely in European countries?; Do you need to operate in countries which have a double taxation agreement in place?; or Do you need to protect your company assets from confiscation or expropriation orders or similar actions by foreign governments?
- Same day incorporation service
- Bearer shares permitted
- Confidentiality on directors and shareholders information
- Incorporated in English or French language
- Well developed professional infrastructure
- British dependent territory
- Neutral tax jurisdiction
- Regulated financial services industry
- Enable inward and outward investment
|Type of company||IBC|
|Companies Law||IBC Act 1994, (as amended 2000)|
|Bearer Share Permitted||Yes|
|Minimum License Fee||USD 100|
|Disclosure of Ownership||No|
|Corporate Seal Required||Yes|