Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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1090.00 USD | 990.00 USD | 1 | 0.00% | 1.00 | No |
Registration of companies in SeychellesLawyers of Law & Trust International offer service regarding company registration in Seychelles. Offshore companies are completely exempt from taxation, and the only type of payments necessary to be contributed is fixed annual fee. The amount of the contribution does not depend on the level of the declared authorized capital of the company and is equal to 100 US dollars. The company in Seychelles is not obliged to transfer to the state fund any payments other than the abovementioned. The fee shall be transferred prior to registration of the company on the islands. If business is registered by resident of the jurisdiction, it is subject to taxation at the rate of 1.5%. The tax is calculated only from the amount that can be considered as net profit of the businessman. Registration of companies in Seychelles: Legal details
Business in Seychelles: Requirements and Restrictions1. Regulation of the activities of all non-resident entities is conducted on the basis of the International Business Company Act. The bill was drafted in 2004, and the latest amendments to the regulation were introduced in 2017. According to the regulatory act, the international business company is not entitled to:
2. In order to register company in Seychelles, it is necessary to prepare and submit unique name for consideration. The name should not be consonant with the already existing names of other companies, and it should not contain references to the local government, as well as extremist appeals or insults of any social groups. Such abbreviations as LTD, INC, Corp and others indicating the form of the company being registered are used as the end of the name. 3. French, English and Seychelles Creole languages are used in the territory of the state. If the name is formed in foreign language, its translation and constant accompaniment by interpretation in all documents are mandatory. 4. The establishment of the company requires the presence of one director and one shareholder. Detailed information regarding the stages of company registration in Seychelles is available on the website of Law & Trust. The initial consultation is free, and it is carried out at the office or by phone. Registration of business in Seychelles gives opportunity to extend the company to the territory of the African continent. With the help of our lawyers, the registration process will take place within a short time and under the supervision of professionals. The latter will make it possible to avoid legal mistakes when collecting package of documents and submitting it. You can contact the expert through the website and by other means convenient for you. There are no annual reporting requirements in Seychelles, however, in accordance with the amendments to the International Commercial Companies Act, if companies receive income taxable (“Assessable Income”) in the Seychelles, companies will be required to submit annual financial and audit reports to the Seychelles Registry (in accordance with the Companies Act 1972). The new edition of the Companies Act abolishes the income tax benefit in the amount of 1.5% and the exemption from withholding tax. However, companies operating under a special license (CSLs) registered before October 16, 2017, may still enjoy these tax benefits and are exempt from tax until June 30, 2021 (other restrictions apply). |
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Nominee director and shareholder | |
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Square | 455.00 |
Population | 90 024.00 |
Capital | Victoria |
Unemployment | 20.30 |
State polity | Republic |
Telephone code | 248 |
Place in the world in corruption | 50 |
location | Archipelago in the Indian Ocean, northeast of Madagascar |
Climate | Tropical marine; humid; cooler season during southeast monsoon (late May to September); warmer season during northwest monsoon (March to May); avg. maximum temperature (March) +31°; avg. minimum temperature (September) +24° |
Literacy rate | 91.80% |
Ethnic groups | mixed French, African, Indian, Chinese, and Arab |
National currency | Seychelles rupee (SCR) |
USD exchange rate | 13.60 |
GDP per capita | 54 |
Official language | Creole and English |
Credit rating | AA |
The judiciary | The Court of Appeal, the Supreme Court (judges are appointed by the president) |
Executive authority | Head of government: President. Government: Council of Ministers appointed by the president |
Legislative authorities | unicameral National Assembly (34 seats) |
Opportunity to purchase ready-made companies | Yes |
Legal system | Based on English Common Law and French Civil Law. |
Terms of purchasing ready-made company | from 2 weeks |
The use of the Cyrillic alphabet in the name | No |
Local registered office | Yes |
Organizational and Legal Forms | PCC (protected composite (cellular) company), LP (limited partnership), CSL (company with a special type of license) |
Terms of registration | 2 days |
Indication of BPA in the name | Limited, Corporation, Incorporated, Société Anonyme or their abbreviations. A wide variety of other suffixes such as BV, GmbH, and SARL may also be used |
Prohibited expressions in the name | Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative, Foundation, Government, Imperial, Insurance, Municipal and Trust, или любые другие слова предполагающие покровительство правительства или иных органов власти. |
Local registered agent | Yes |
The information required to be kept at the registered office | Minutes of meetings of shareholders and directors, records of decisions, registers of directors and shareholders (in any form). If a register of directors will not be stored in the registered office of the Registrar must be notified on the storage location of the registry. |
Standard currency | U.S. Dollar |
The minimum amount of paid-in capital, nat. currency | 1 |
The minimum amount of the issued capital | 1 |
Bearer shares | Yes |
Terms of payment of the issued capital | Payable at release |
Terms of capital payment | not set |
Possibility to issue shares without par value | Yes |
VAT | No |
Basic corporate tax rate | 0.00% |
Capital gains tax | No |
Currency control | No |
The tax on personal income | Tax on income and non-cash income (Income & Non-Monetary Benefit Income Tax), the employer and employee shall be paid in respect of income from employment. Employees - residents Seychelles pay tax at a rate of 18.75%, non-residents - 10% |
Corporate tax rates details | The income tax benefit is canceled, however, companies operating under a special license (CSLs) registered before October 16, 2017, may still enjoy these tax benefits and are exempt from tax until June 30, 2021. |
Stamp duty | No |
Minimum number of directors | 1 |
The requirement for residency directors | No |
Director of legal entities are allowed | Yes |
The data reveals to the local agent | Yes |
Data field to the public registry | Yes |
Meeting / regularity / place | Required |
The requirement for the presence of the Secretary | No |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | Yes |
Minimum number of shareholders | 1 |
Data is entered in the public register | No |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | No |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
Meeting / regularity / place | Annual meetings are not required. Can be carried anywhere. |
The requirement for filing reports | No |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | Yes |
Treaty on avoidance of double taxation (States which signed) | 15 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | No |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
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First Class | Additional Class | First Class | Additional Class | First Class | Additional Class | First Class | Additional Class |
270.00 | 225.00 | 900.00 | 855.00 | 360.00 | 360.00 | 1530.00 USD | 1440.00 USD |
«TRADEMARK» refers to «Wordmark», «Logo» or «Wordmark + Logo» | |||||||
Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary. На Сейшельских островах сравнительная проверка проводиться только для словесной части Торговой Марки. |