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Seychelles Company Incorporation

Company incorporation in Singapore opens up a world of other possibilities. One of these options includes setting up an offshore company, like Seychelles company incorporation for example.

Seychelles Company Incorporation – What Do I Need to Know

Workflow: Day 1: Completion of Attached BUSINESS SETUP FORMATION FORM Day 2: Seychelles Company Incorporated within 24 – 48 working hours after compliance check Day 3: Softcopy of Relevant Certificates (Cert of Incumbency, M&A etc) will be send to you via email within 24 working hours Day 7: Hardcopy of Relevant Certificates (Cert of Incumbency, M&A etc) & common seal will be ready for collection

Seychelles is one of the best companies when it comes to registering offshore companies. There are many features that make this jurisdiction to be one of the most favored among many others.

To set up an offshore company, a company needs to appoint a director and a shareholder. The company will also be required to pay an annual license fee that will depend on the amount of share capital rather than the profits.

Business SetUp Formation Form

Please click below to download Business Setup formation for

For comparison between other offshore company location, click to see table

Yearly Compliance

Paul Hype Page & Co. acts as a corporate secretarial agent for your company through its competence in assisting your company in its yearly compliance matters and procedures as well as non-routine corporate matters such as:

  • Attending as well as recording and minutes of the shareholders and board meetings and notification
  • Preparing shareholders resolutions and board resolutions
  • Updates and advise the company on its compliance with the rules of the Companies Act and as well as the listing requirement mandated by the respective Exchanges
  • Filing of audited accounts and annual returns for every financial year end
  • Extensible Business Reporting Language (XBRL) online filing
  • Maintaining private, public-listed and public companies’ statutory records
  • Changing of share capital structure
  • Transferring & issuing of shares
  • Prepare relevant resolutions for change of member, directors, company secretaries and auditors
  • Prepare relevant resolutions for change of registered company addresses
  • Transferring & issuing of shares
  • Bank accounts opening, changing of bank signatories and coordination with local banks
  • Changing of company name
  • Modifying the Memorandum and Articles of  Association
  • Make searches for company’s accounting history
  • Other administration work (purchasing of relevant certificates of the company from time to time etc)
  • Developing draft agreements, regulated terms & policy for your organisation

Our Fees

1) One Time Registration Fee:  $3,800 USD dollars for Authorised share capital not exceeding 50,000 shares

2) Bank Account Opening in Singapore with OCBC Bank :   $1,000 USD dollars

3) Annual Renewal Fee includes: Annual Registered Office and Agent’s Fees: 1,200 USD dollars plus  Government Annual License Fees of 1,000 USD.

Main Advantages of Seychelles As A Tax Haven

Flexibility:
No one is required to attend meetings in Seychelles. This means that you will not need even to have shareholders of directors to attend a single meeting or even forced to appoint a proxy shareholder.

Privacy:
Information about the owners of the company, the shareholders, and the directors, is kept completely private away from the public and other interested parties.

Speed:
Seychelles is one place that one can easily set up a business. In fact, many businesses and offshore companies can be formed within the same day.

Tax Haven:
This is one of the most important features of any offshore jurisdiction. An offshore company will not be required to pay taxes local taxes if at all it doesn’t carry out business in Seychelles.

There is no minimum capital requirements: a business is not expected to maintain a minimum share capital

The company needs to appoint only one shareholder and director.

In 2012, the government of Seychelles made certain amendments to the International Business Companies Act which made a few requirements. These requirements are: that an international business company must maintain an up-to-date record of shareholders and directors. Previously, one could easily nominate shareholder and a director and simply leave them on the records, regardless of whether the people are still directors or not.