Hire a Professional to Set Up an Offshore Company in Seychelles With a total of 115 islands, Seychelles, found off the African coast is known for its thriving tourist trade and recently, as a favorable jurisdiction and economy for setting up an offshore company. A prime location for IBCs (International Business Corporations), offshore accounts, and tax nomads, Seychelles has excellent privacy and taxation laws on top of reasonable price rates for establishing corporations and maintaining all kinds of offshore interests. This said, anyone who wants to set up a business in Seychelles should know that hiring a local professional will make matters much easier and in some cases it is necessary as with anyone looking to set up a Seychelles IBC or Seychelles CSL. This is where offshore company formation service providers can be of great assistance, helping you through every step of a successful incorporation process. If you choose the right service provider, you can create an international business company in as fast as 24 hours in Seychelles. Secure online operations make this possible, allowing local licensed professionals to ensure a quick and easy application process for an IBC as well as the convenience of secure online banking for offshore accounts once the order has been completed. Seychelles legislation provides for privacy although these days there is no substitute for a proper legally compliant structure which typically requires additional services to be provided such as professional directors, trustee services and similar after the basic incorporation. Seychelles IBCs are not required to file annual financial statements in Seychelles and there are no applicable taxes payable in Seychelles. Other things that you should consider when incorporating a business in Seychelles include:
The limited local banking options – local accounts may not be as easy to open like in the previous years. However, it is still possible to set-up a local banking account with the proper requirements. Most of the time Seychelles entities establish bank accounts in other jurisdictions. Seychelles, along with nearly every other major country, offshore jurisdiction and financial center in the world has signed up for the OECD Automatic Exchange of Information initiative and Base Erosion and Profit Shifting (BEPS). As such it is more important than ever to receive proper advice and to ensure the structure is established and operated in a way that does not bring you unwanted tax problems.
About the Company: Sterling is a leading licensed and regulated corporate, trust, fiduciary and fund services provider delivering specialised solutions for a global clientele of international corporations, institutional investors, high net worth individuals and families as well as their intermediaries. Whether an end user of our services or an intermediary, Sterling provides an efficient, personalized approach to ensure smooth, efficient delivery of services that meets the requirements of each client.