Seychelles is one of the most appealing offshore destinations in the world which makes many foreign citizens come and set up IBC companies here. However, Seychelles is also an onshore destination in which other businesses can be created, and as such, the local legislation must be respected. Natural persons and companies failing to…
Among the assets which can be held by those setting up offshore companies in Seychelles are also various types of vessels. Most of the times, foreign entrepreneurs find it easy to own yachts and other types of pleasure boats registered in Seychelles. Ship registration in Seychelles is completed with the Registrar of Ships. Below, our local…
One of the most important steps related to setting up an offshore company in Seychelles is the opening of the bank account. Considering the establishment of the IBC company can be completed remotely, the opening of the bank account can also be taken care of by a specialized agent in Seychelles. An important aspect…
Foreign investors coming to Seychelles can set up various types of companies, however, the offshore company remains a preferred option for many of them. The confidentiality and the tax advantages related to setting up an offshore company in Seychelles are the most important benefits associated with this entity. A Seychelles offshore company can have beneficial owners or shareholders, depending on the…
The offshore company is the most common business form registered in Seychelles. The confidentiality granted to the owners and the tax advantages are just a few of the attributes which recommend Seychelles for setting up an IBC company. Even so, there are certain requirements which need to be respected when opening an offshore company in Seychelles and many…
Offshore destinations are preferred by foreigners who want to protect their assets and among these destinations, Seychelles is one of the most reputable ones. Banking secrecy is one of Seychelles’ strong points, as financial institutions here offer complete privacy with respect to those who entrust them with their assets. However, it should be noted that…
The Republic of Seychelles signed in 1993 an important agreement for the avoidance of double taxation and for the prevention of the fiscal evasion, under specific terms, with Malaysia. Even though the treaty remained the same, the document has been revised in 2003. Malaysian companies with establishments in Seychelles are protected by the double tax treaty signed by the…
Foreign investors interested in doing business in Seychelles have several options in terms of business forms. Even if the Seychelles offshore company is the most popular, there are also other possibilities which offer many advantages, among which trusts and limited partnerships. The limited partnership is one of the oldest business forms in Seychelles and falls under the provisions of the Limited Partnerships…
The avoidance of paying the taxes twice on incomes and the prevention of the fiscal evasion in Seychelles is made with the help of the double taxation agreements signed by the insular state with many countries, including Indonesia. Foreigners looking to start a business in Seychelles should pay attention to the tax structure in this country and…
The creation of trusts in Seychelles is possible under the International Trusts Law of 1994 which provides for the establishment of simple and charitable international trusts. These types of entities are available for foreign citizens who want to protect their assets. Those who want to create charitable international trusts in Seychelles are required to comply with a…
