BUSINESS TRANSACTIONS

• IBC’s may engage in any lawful business in any country and may carry on transactions in whatever currencies they choose.

TAXATION

• Full exemption from taxation for any business activity or transaction carried out outside Seychelles.

AUTHORISED CAPITAL / SHARES

• Nominative or bearer shares at owner's option.
• No paid-in capital is required.
• No minimum or maximum capital requirements.

DIRECTORS, OFFICERS AND SHAREHOLDERS

• Shareholders, directors and/or officers can be either corporate entities or natural persons.
• There is no requirement to register the initial directors and/or officers or any ongoing changes thereof.
• The directors may grant special or general powers of attorney.
• Companies are allowed to have a sole director.
• Neither the directors nor the officers need be shareholders.
• Shareholders, directors and officers may be of any nationality and may be residents of any country.
• Shareholders and directors may hold their meetings in any country and may attend such meetings by proxy or by any electronic means (phone, fax, etc).

ANNUAL FILING

• Requirement to maintain financial statements to reflect their financial position but are not required to file accounts with the authorities. No requirement to file annual returns or financial statements; no requirement to hold annual general meetings of shareholders or directors.

INCORPORATION AND ADMINISTRATION

• Familiarity of incorporation documents (Memorandum & Articles of Association, Certificate of Incorporation) because the Republic of Seychelles is a member of the Commonwealth of Nations.
• The words "Limited", "Corporation", "Incorporated", "Société Anonyme", or "Sociedad Anónima", or the abbreviations "Ltd.", "Inc." or "S.A.", may be used in a company's name.
• Incorporation documents may be drafted in any other language together with an English or French translation.
• Speedy incorporation procedures and simple ongoing administration.
• Shelf companies are available.