General information on Seychelles Islands
Located in the Indian Ocean, the Seychelles consists of more than one hundred named islands, most of which are located between four and five degrees south latitude.The largest island in the Seychelles (Seychelles) islands is Mahe island, which, despite its proximity to the equator has an amazingly comfortable climate and is not extremely hot or humid.The population of the Seychelles is about 72,000, mainly French pioneers, African slaves, British sailors and descendants of Indian, Chinese and Middle Eastern businessmen.The archipelago has developed into a vibrant, simple, warm, and leisurely multi-ethnic mixed community.
The International Commerce Department of Seychelles introduced a set of progressive laws that promote the establishment of overseas companies and other institutions to encourage Input investment .The International Business Corporation Act (1994) is very similar to the international commercial company law of Bahamian archipelago. It provides corporate profits and appreciation of capital for international companies to exempt the tax of Seychelles.One of the unique features of the Seychelles (Seychelles) International Company is that an international company can be registered in most international languages and can use any suffix of words indicating limited liability.
Seychelles offshore company introduction：
Ⅰ.Can add Chinese company name.
Ⅱ.To guarantee directors and shareholders' personal data, which is highly confidential.
Ⅲ.The company does not need a secretary, the transfer of shares is easy and Exemption from stamp duty.
Ⅳ.Without any restrictions, you can choose to issue bearer shares.
Ⅴ.Can open a bank account in Hong Kong.
Ⅵ.No need to submit an annual return.
Ⅶ.You do not have to submit company accounts every year, if you do not operate your business locally, you can waive any taxes.
Trade restrictions in Seychelles Islands
It is not allowed to operate or own real estate in registered place.Banks, insurance, guarantees, heavy insurance, fund management, asset management (other than the company's own assets) or banking or insurance related industries are not permitted.The Seychelles International Business Company is not allowed to set up registered office facilities in Seychelles or to sell shares to its public.
Seychelles (Seychelles) Islands tax system
Overseas offshore companies do not levy taxes on the Seychelles, including: all dividends, interest, rent, compensation, and income from other securities, claims and other company income .In addition, overseas offshore companies do not have property inheritance taxes and gift taxes.At the same time, overseas offshore companies in the Seychelles (Seychelles) Islands are exempt from stamp duty on all operations.
Business scope of Seychelles Islands Company:
The company's memorandum refers to a wide range of operations that covering almost all of the customer's business-oriented scope.
Power of the Seychelles Islands Company:
The Seychelles (Seychelles) offshore company has all the power of a natural person.
Registered address of Seychelles Islands Company:
The company registered address must be located in Seychelles.
Seychelles company name:
The selected name cannot be the same or too similar to the already registered name.The name of the company must not contain the words relating to the Seychelles (Seychelles) government or insurance, Unless otherwise applied for other relevant license plates.
The company name usually ends with "Limited, Corporation, Incorporated, Socit Anonyme (S.A)" or its abbreviation，It is also possible to use "BV, GmbH, and SARL" as the ending words.
Companies can be named in any language. But, if you choose a third language name other than English or French, the name must be translated in English or French.
Seychelles (Seychelles ) Islands Disclose Final Owners of rights and interests:
No need.
Seychelles company authorized share capital:
The standard authorized share capital is US$50,000 and the shares may or may not have a denomination.
Seychelles company financial statements:
There are no specific requirements for financial statements. The company does not have to submit financial statements to any government agency in Seychelles.
Seychelles company tax declaration:
All offshore companies do not have to declare or pay taxes.
Seychelles company company secretary:
Seychelles offshore companies do not need to appoint a company secretary, although most companies appoint a company secretary.Even If appointed, the secretary is not necessarily a resident of Seychelles and may be a natural or legal person.
Excerpt from the Seychelles company charter
About shares
Shares,authorized capital stock, equity and surplus
10.The unissued shares of the company are dealt with by the directors， However, must be governed by these rules and the relevant provisions of any shareholder resolution. Without restricting or affecting any existing share or any class or group stock holder ago，In the case of any rights granted, The directors may, through the resolutions of the directors, sell, Share allotment or grant share options or otherwise deal with the relevant shares to the designated person at the specified clause and conditions.
11.The shares of a company can be issued after payment of all other payments.In all respects, the stock capital of the issued shares have been paid in full and are not taxable, In addition to issuing promissory notes or Shares of other written debts repaying debts.After the issuance of such shares It can be confiscated in the manner described in these rules.
12.The Company issues shares as determined by the directors' resolutions,amount determined, Income services, private assets, real estate properties,promissory note or other binding,Money to be paid or assets/Property obligations or any combination of the above.
About directors
73.The first director of the company will be appointed by the initiator signing the articles of association, and each subsequent director will be elected by the shareholder or director, and the appointment period will be decided by the shareholder or director.
74. The minimum number of directors is one and the maximum is twenty.
75.The term of each director (if any) is stipulated by the shareholders' resolution, or until the relevant director dies, resigns or is removed from office before the expiration of his term of office.
76.If the shareholder's resolution is passed, the director will be dismissed for whatever reason or not.The company may also dismiss a director for some reason by a resolution of directors.
77.If the director want to resign, he may notify the company in writing and will take effect on the date of receipt of the resignation notice by the company or other date after the date specified in the notice.
78.The director may appoint any person as director at any time to fill vacancies or to join the board of directors.Directorships may be vacant due to the death, resignation or removal of a director, but if one or more directors have found a new successor before resigning, This is not a vacancy in shareholder positions.
79.The company must maintain a register of directors including the following information:
(a)The name and address of the director of the company.
(b)The time when a director appearing on the list of directors is appointed as a director of the company.
(c)The date on which the directors appearing on the list of directors are no longer directors of the company.
(d)Other data required by relevant provisions.
Registration of Seychelles need to you provide the following information:
·The name of a company that needs to be registered : English
·Identification documents of each member of the company : passport or ID card, scanning copy.
·Address certificate of each member of the company: bank statement, telephone bill, driver's license, etc. scanning copy.
The general process of Seychelles company is as follows:
Ⅰ.Clients consult our consultants to clearly register the purpose of the Seychelles company.
Ⅱ.The customer selects other optional services or needs documents.
Ⅲ.Customer provides 1 - 3 company names for name checking.
Ⅳ.The customer signs the order and pays the advance payment (usually 80% of the total price).
Ⅴ.Company registration completed in approximately 2 work weeks.
Ⅵ.The customer pays the balance after receiving the scanned copy of the registration documents.
Ⅶ.Express the company documents to the customers or the customers themselves to pick up.
Ⅷ.Follow-up services : annual fees, annual reports, changes, cancellations, free consultation all offshore business and financial solutions.
After the Seychelles company registration is completed, the following information is available:
Ⅰ.Certificate of Incorporation.
Ⅱ.Two original of Memorandum and Articles of Association.
Ⅲ.Six copies of Memorandum and Articles of Association .
Ⅳ.Appointment by the Subscriber of the First Director .
Ⅴ.Register of Directors .
Ⅵ.Share Register .
Ⅶ.Memorandum of the First Director in Lieu of Board Minutes .
Ⅷ.Consent to Act as Director .
Ⅸ.Application for Share(s).
Ⅹ.A booklet of Share Certificates.
Ⅺ.Corporate chop .
