Seychelles is a significant offshore jurisdiction that offers complete privacy, no taxes, and protection for the registered assets. With a flexible business structure, an offshore company in Seychelles can be easily established if the all the requirements are met, among which we mention the condition of having a registered agent. Besides an appointed person for this matter, one can choose a company or another business entity to act like a registered agent, a situation which can be handled in accordance by our company formation specialists in Seychelles.
The duties of a registered agent for an offshore in Seychelles
According to the Companies Act 1994, offshore companies in Seychelles are not subject to taxation, do not have to submit the annual tax filing, must have the main bank accounts in Seychelles, and the owners can benefit from full control and protection of the assets. Before a company in Seychelles is incorporated, one should keep in mind that a registered agent is a mandatory request. This can be a natural person with legal rights to act on behalf of the offshore company or another entity which will intermediate the activities between the authorities and the business in Seychelles. A registered agent in Seychelles must:
• have the same address as the offshore company in Seychelles;
• represent the company’s purposes on the market;
• act as a liaison between the institutes and the company registered in Seychelles.
We remind that our company incorporation representatives in Seychelles can help local and foreign entrepreneurs establish their presence through a company in Seychelles and can undertake the activities of a registered agent in the insular state.
A registered agent can also assist in obtaining a VAT number in Seychelles.
The advantages of an offshore company in Seychelles
The modern legal structure engaged in Seychelles in the past decades is the achievement of the government which focused on the methods of attracting foreigners to establish their activities in the archipelago. In this sense, a favorable tax regime and total confidentiality played the key role in the offshore jurisdiction and still contours the background of Seychelles.
At the moment, there are about 100,000 offshore companies in Seychelles which benefit from tax reliefs, protection of possessions and a wide range of potential investments through reliable financial tools. Likewise, the registration procedure of a company in Seychelles regards a few simple steps and requirements which can be overseen by our team of specialists in company formation in Seychelles.
We kindly invite you to get in touch with us if you need a registered agent for your offshore in Seychelles or if you are interested in extra information about company formation in Seychelles.