Seychelles is an archipelago in the Indian Ocean and one of the famous offshore jurisdictions acknowledged for low company incorporation fees and quick processing. In December 1994, International Business Companies Act (Seychelles IBC Act) came into force. British Common Law and French Civil Law are the laws on which this Act was based. IBC Act authorized the registration of International Business Companies, International Trusts, and the licensing of International (free) Trade Zone Companies. New regulations to this Act cover the licensing of offshore Insurance, mutual funds activities, offshore banks, and the regulating of the securities industry.
Seychelles is one of the fastest International Business Company (IBC) registrars in the world. Company registration and formation process in Seychelles is simple, straightforward and cost-effective. There are no minimum or maximum capital requirements and only one shareholder and one director is required for formation of a Seychelles Offshore Company (IBC). Seychelles International Business Company (IBC) includes a host of benefits and features. The key ones include quick processing and incorporation, low annual operating license fee, zero taxes and a wide range of company names are available as per your choice.