05.27.06

Seychelles IBC share capital, financial statements, management and registered office

Posted in Seychelles IBC at 10:12 am by Robert Klien

Share Capital and Licence Fee:

Seychelles IBCs are usually incorporated with an authorised share capital in any currency, which is US$100,000 with par value. For the minimum licence fees this is the maximum. The minimum issued capital can be one share of no par value or one share of par value.

  • If an Authorised Capital is up to US$ 100,000, the annual licence fee is US$100.
  • If an Authorised Capital is over US$ 100,000, the annual licence fee is US$1,000.

Financial statements, directors, registered office and secretary:

It is not required to file financial statements, but records must be kept by a company to reveal its financial position.
There should be at least one director, who may be either a natural person or a body corporate. There are no restrictions regarding the nationality of a director and there is no need to be a resident of the Seychelles.
A Seychelles IBC must maintain the registered office at the office of a licensed Registered Agent in the Seychelles .
A Seychelles IBC does not have to appoint a company secretary, although usually it is done so. The same as a director, a secretary may be either a natural person or body corporate of any nationality, not necessarily a resident of the Seychelles.

That’s shortly about Seychelles IBCs. In the next blog we will take a closer look at Seychelles CSL companies.

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