Seychelles IBC ?
Seychelles IBC – an International Business Company – is the most popular and versatile type of offshore corporation available in Seychelles. Similar to other classic offshore companies, Seychelles IBC is designed to engage in international business. Being an IBC, it is subject to minimum red-tape. While being obliged to keep internal records and registries in good order, a Seychelles IBC does not nave to submit any financial reports to public file. There is also no mandatory audit requirement.
Seychelles IBC is similar to the most popular international business company, the BVI IBC, and in some respects even exceeds that benchmark model of offshore corporation. Since the introduction of the Seychelles International Business Companies Act in 1994, over 150`000 Seychelles IBC`s have been registered, with more than 600 new offshore companies being registered every month.
The formation, tax benefits and general structure of a Seychelles IBC is regulated by the International Business Companies Act, 2016 which replaces the Seychelles International Business Companies Act 1994. A full text of the International Business Companies Act, 2016 is available from our Downloads section.
Following is a synopsis of the most important advantages and features of the Seychelles International Business Company