By using our website you consent to all cookies in accordance with our Privacy Policy.

On 29 November 2019, The Seychelles Financial Services Authority released an approved proposal for adjusting fees under the International Business Companies Act, 2016. Accordingly, fees payable for the incorporation and annual renewal of all Seychelles International Business Companies (IBCs) effective from 1st April 2020 would be changed as below:

DetailsFee payable before 1st April 2020Fee payable from 1st April 2020
Incorporation fee of an IBC (except a Protected Cell Company)100 USD150 USD (ICSP Tax included)
Annual renewal fee of an IBC (except a Protected Cell Company)100 USD150 USD (ICSP Tax included)
New Penalty from 1st April 2020
Late IBC Renewal within 90 days from due date (10%)24 USD (ICSP tax included)
Late IBC Renewal over 90 days from due date (50%)80 USD (ICSP tax included)

It should be noted that new fees are applicable only to transactions carried out on or after 1st April 2020. Other fees for certain issuing and filling services are also revised, you can click here for further details.

In acknowledgment of the fee adjustment from the Seychelles authority, please be informed that BBCIncorp Limited will also change our service charges payable for Seychelles IBCs’ incorporation and renewal. If you need more information concerning the updated fee, please contact us via email service@bbcincorp.com or drop us a live message to chat with our expert now!


Recent Posts

updates-of-annual-economic-substance-declaration-forms-in-belize
27 Aug 2020

Updates of Annual Economic Substance Declaration Forms In Belize

Belizean included entities, holding companies and non-included entities under Belize ESA (2019) must now follow different forms to fulfill economic substance obligations with the Commission.

Read more
dbs-hong-kong-now-supports-remote-bank-account-opening
27 Aug 2020

DBS Hong Kong now supports remote bank account opening

DBS Hong Kong now caters the need of business owners who cannot afford a trip to Hong Kong for registering a business account by way of temporarily suspending requirement to visit Hong Kong.

Read more
recent-key-changes-in-belize-tax-law-on-ibcs
27 Aug 2020

Recent key changes in Belize tax law on IBCs

Belize has undergone significant changes to its tax treatment for an IBC. Namely, there were two tranches of amendment into its Tax Act in 2018 and 2019.

Read more
seychelles-announced-beneficial-ownership-act
28 Aug 2020

Seychelles announced Beneficial Ownership Act, 2020

On 5th March 2020, Seychelles passed two new laws of Beneficial ownership Act 2020 (BOA) and AML/CFT Act 2020 in replacement of AML Act, 2006.

Read more
hong-kong-the-2018-19-tax-payment-deadlines-extended
27 Aug 2020

Hong Kong: The 2018/19 Tax Payment Deadlines Extended For Three Months

IRD announced on the automatic three-month extension for the payment deadline of Salaries Tax, Tax under Personal Assessment and Profits Tax for the YOA 2018/19

Read more
delivery-service-temporarily-suspended-due-to-covid-19-pandemic
27 Aug 2020

Delivery Service Temporarily Suspended Due To COVID-19 Pandemic

Due to the severe impact of the coronavirus pandemic (COVID-19), BBCIncorp Limited regrets to announce the temporary suspension of delivery services by courier companies

Read more
ocbc-singapore-introduced-multi-currency-account-for-business
27 Aug 2020

OCBC Singapore Introduced Multi-Currency Account For Business

OCBC Singapore introduced its first product in the category of Multi-Currency Business Account, which can greatly benefit all local and foreign companies to grow their business internationally.

Read more
open-bank-account-online-with-dbs-and-ocbc
27 Aug 2020

Exclusive Offer: Open Bank Account Online With DBS & OCBC

In response to Coronavirus Outbreak (COVID-19), two of our largest partners – DBS and OCBC banks are now offering favorable approaches to support BBCIncorp’s clients and customers.

Read more
belize-economic-substance-requirement
27 Aug 2020

Belize Economic Substance Requirement

Belize has made substantial legislation changes in the end of 2019 in response to criticism over its tax regime. In what follows, we will shed light to one of its changes regarding economic substance requirement.

Read more
incentives-for-ibcs-continuation-to-belize
27 Aug 2020

Incentives for IBCs Continuation to Belize 2020

Any foreign companies to re-domicile into Belize for 2020 would be exempted from the Continuation Fee in a specific time period, and free of the regular service charge for TIN application.

Read more
seychelles-among-four-territories-added-to-the-eu-blacklist
27 Aug 2020

Seychelles among four territories added to the EU ‘blacklist’

On 18 Feb 2020, EU has revised its list of non-cooperative jurisdictions for tax purpose by way of including new four territories to the list

Read more
the-2020-21-hong-kong-budget
27 Aug 2020

The 2020/21 Hong Kong Budget: Key Highlights For Business

Financial Secretary Paul Chan Mo-po delivered Hong Kong budget plan for the year 2020/21, which highlights Hong Kong current economy, and a set of proposals for taxation measures.

Read more