Why Choose Seychelles?  

Dynamic, cost-effective and versatile. Welcome to Seychelles – one of the fastest growing offshore jurisdictions with Africa’s highest GDP per capita.

Of all the decisions you make when starting a new business, choosing the right legal structure in the most suitable jurisdiction is one of the most important ones. This will impact how you pay taxes, your personal liability and your ability to raise money. 

In this post we’ll explore why Seychelles may just be the right jurisdiction for you. 

Whether you are a solo entrepreneur or an established corporate group, you need look no further. 

You are at the right place. 

SEYCHELLES COMPANY IN A NUTSHELL  Only one shareholder and director is required to start a non-resident Seychelles company. This can be the same person.  No requirements for a local director. Light-weight entity structure. To clarify, no mandatory auditing or tax filing as long as the company keeps its accounting records.  0% corporate income tax on foreign sourced income. In other words, all business income that is NOT generated within the borders of Seychelles are considered foreign profit and therefore zero tax. No minimum paid-up capital required.

Here’s why Seychelles is a cool option 

Not a resident? No worries, you don’t need to be. Seychelles offers foreigners a flexible, light-weight and versatile company type that suits all types of industries and 0% corporate tax on all foreign sourced income. 

Seychelles Company for non-residents

Flexible entity structure 

As a non-resident, the company structure for you is an International Business Company or better known as IBC. This is one of the most common company types in the Republic of Seychelles, also the most versatile.

Only one shareholder and one director is required to set up a company. And yes, these both can be the same person. All nationalities are accepted and there are no requirements for local directors. Moreover, both natural individuals as well as corporate bodies can also be shareholders of this type of company in Seychelles. No mandatory auditing or tax filing as long as the company keeps its accounting records. 

Seychelles company as a legal structure is designed to accommodate a wide range of business models and operations. From legal liability purposes to cross-border international trade, estate planning and tech startups, this island nation deserves to be on every entrepreneur’s radar. 

Zero corporate tax

Seychelles has a Territorial Tax System which means that all corporate income sourced outside its country borders are subject to 0% corporate tax. This same exemption applies to dividends, capital gains, interests and stamp duties on business transactions.

In order to comply with this law, make sure your company

• • does not carry business operations within the borders of Seychelles
  • doesn’t own property or real estate in Seychelles 
  • may not operate certain businesses without appropriate licenses (e.g banking, insurance etc.) 

However, it is important to remember that while your business may not be subject to Seychelles corporate tax, you, as a foreign citizen, may be subject to resident taxes in your home country in accordance with your domestic tax regulations.

Privacy and confidentiality

Today privacy matters more than ever before.  Apart from the first director(s), the identities and personal information of your shareholders, directors and beneficial owners are not part of the public record. The Registrar of Companies in Seychelles  does not require any data about the beneficial owners of your company, only KYC verification. 

To add another layer on the privacy aspect, Seychelles is an independent jurisdiction. Therefore, it does not share or report information to external countries or organizations, nor is it subject to the EU Savings Tax Directive. This means the country can be considered relatively free of political pressure in regards of information disclosure.

Cost-effective and fast 

Your Seychelles company can be set up under 48 hours. No paid-up capital required and no par value stock is accepted, which means minimum financial commitments needed from your side. 

In conclusion, Seychelles offers one of the best value-price ratios of all our jurisdictions. To incorporate here, you just simply do it by submitting this form. 

Requirements to open a Seychelles Company

Have questions? Here are the mandatory requirements to start your Seychelles company – and how we can help. 

What will I need to get started?	We will need your company name, some basic information (amount of shares, the kind of business you’re planning) and shareholder information. In addition, proof of address and passport copy will be required to complete the first step. Then, we will  take care of the rest.
How many shareholders and directors do I need?	One shareholder, one director. They can both be the same person, so you as a solo founder is enough.  There is no limit to the number of shareholders a company can have.
Mandatory annual reporting?	No mandatory auditing or tax filing as long as your company keeps its accounting records in order.
Mandatory annual meetings?	Not required.
What’s the corporate tax rate?	Zero tax. This is for all business income generated outside the borders of Seychelles. Applies also to capital gains, dividends and interests. No stamp duty on business transactions either.
How much paid-up capital do I need?	None.
What about confidentiality of all my information?	The Registrar of Seychelles requires the Register of Directors, which is not part of the public database. Only the registering agent keeps information on the Register of Members and Beneficial Owners. Beneficial owners are required KYC verification for the registering agent, but not for the Registrar. If privacy is important to you, we offer nominee services. To learn more about our added services, please contact us at future@korporatio.com.
Do I need a company address?	Yes. And it’s automatically included in the incorporation package we offer.
How do I open a bank account?	We will assist you in opening a multi-currency e-bank account free of charge. For a local bank account, we can also help to make the introduction to our network banks.
What is the process of incorporation?	Three steps: 1. Submit your order. 2. Provide company information. 3. Your company is created.
What else do I need to start a Seychelles company?	Here is a list of everything mandatory you need to have. We’ve included all of this into our incorporation already:  Name application Certificate of incorporation Memorandum and Articles Assignment of Founders Rights and obligations First board of councillors minutes Register of councillors, beneficiaries, founders and registered agents Registered agent services Business Address in the respective location of the jurisdiction Money Laundering (AML) – Know Your Customer (KYC) – Political Exposed Person (PEP) check and approval Digital mail forwarding Drafting of minutes and assistance with other ancillary documents Smart Company Deployment, establishment + Digital Dashboard Customized Corporate ERC-20 Token Customized Digital Voting System  Assist in opening multi-currency cross-border Bank Account
How long will this take?	Less than 48 hours, given you have all the required information in place.

Have more questions?
No worries. Drop us a note at future@korporatio.com or start a conversation here – we are always here to help!