Principal Corporative legislation The International Business Companies Act, 1994 Business Tax Act, 1997
Type of Company for International Trade, Investment & Tax Planning IBC (International Business Company)
Authorized business activities All activities are allowed by law
Banking, trusts, insurance - subject to special license
Prohibited activities Transactions with the residents of Seychelles, ownership of real estate on the territory of Seychelles
Language of Legislation and Corporate Documents English
Taxation No tax and duties
Standard share capital 5,000 USD
Shares Both registered and bearer shares-class, sort and share departments - by owners' selection
Shareholders The minimum number of shareholders is one - individual or legal entity
Publicly Accessible Records No
Directors One individual or legal entity. Any nationality, but does not have to be a resident
Registered office Required on the territory of Panama
Registered agent Required on the territory of Panama
Location of Meetings of Directors and Shareholders Meetings may be hold in any part of the world
Mandatory- keeping of accounting records- annual account- presentation of auditor's conclusion No requirementNo requirementNo requirement
Information at disposal of third party Complete anonymity. Copies of the following documents are information at disposal of third party: statute, constitution agreement of company, evidence of registration
Currency control No
Double Taxation Treaty Access China, Indonesia
Incorporation timeframe 2 weeks
Shelf Companies Yes