Do I have to pay taxes on profits or interest earned by my Seychelles company?

As a zero-tax jurisdiction, Seychelles does not levy any taxes on IBC incomes or interest.

What is the current corporate tax regime for international business companies in Seychelles?

As of Jan 2019, Seychelles changed its business tax regime to a territorial basis, under which resident and non-resident companies are subject to corporate taxation for income originating within the country. All international business companies are still exempt from income tax given that they undertake business outside Seychelles. The current applicable profit tax rates are as follows: 25% on the first SR1mil taxable income 33% applied to the above amount. In addition, there is no capital gains, estate, inheritance or gift tax in Seychelles.

Are there taxes for a Seychelles International Business Company (IBC)?

Seychelles IBCs benefit from a territorial tax system, meaning they are only taxed on income sourced within Seychelles. Foreign-sourced income is exempt from taxation, provided the company does not conduct business within Seychelles. Additionally, there are no capital gains taxes or stamp duties on share transfers. This favorable tax regime makes Seychelles an attractive jurisdiction for international business.

How to maintain an IBC company in Seychelles?

There is no obligation for an IBC to file tax return or financial account. However, all Seychelles IBCs must keep their accounting records at their registered office in the jurisdiction. Sechelles IBCs are required to file an annual return in the prescribed form to their registered agent no later than 31st December every year. In addition, an IBC has to maintain its corporate structure, local registered agent and registered address in Seychelles. If a company undertakes business in the country, it’s mandatory for the company to: Notify the Registrar within one month of deriving the first assessable income; File with the Registrar an annual return accompanied with supporting documents within one year of deriving the first assessable income. For a clear overview of the basic annual compliance requirements for Seychelles IBC, check out our user-friendly ComplyMate guide.

When do I have to renew my Seychelles company?

The annual renewal fee in Seychelles must be made before the anniversary of the company, to avoid unexpected penalties for the late settlement. We usually make a reminder of your annual renewal 2 months before the anniversary for your preparation.

What is record and what types of record?

The record (or registration) in Seychelles serves as a means to document and officially recognize certain actions, agreements, and events. By keeping record of these important events, the government is able to maintain an accurate record of activity within the country. In the event that the SRC audits you without proper records, you might be liable for additional tax. The main rule of record keeping is to maintain an audit trail that can support both your annual tax return and your self-assessed monthly Business Activity Statements (BAS). You should concentrate on the following, per our advice: Stock Purchased (Valid Tax Invoices,Expenses paid (Valid Tax Invoices),Sales or revenue earned, Assets acquired (Valid Tax Invoices), Any funds transferred from the company for personal use, Read more about Updates on Seychelles Accounting Records Keeping Obligations

What are the records used in the accounting cycle?

The accounting records may be presented in a variety of ways: Bank statements, Receipts, Invoices, Vouchers, Title documents, Contracts and agreements, Ledgers, Any other documentation underpinning a transaction

What are the 4 most important financial statements?

In Seychelles, the four most important financial statements are: Balance sheet, Income statement, Cash flow statement, Statement of shareholders' equity

What are the annual renewal fees for a Seychelles offshore company?

The annual renewal fee for a Seychelles offshore company with BBCIncorp is USD 799, which covers government charges, registered agent fees, and a full suite of administrative services. This package ensures your Seychelles company stays fully compliant and operational, while saving you time and administrative effort.

What activities are not allowed to undertake by an IBC?

As the passing of IBC Amendment Act 2018, an international business company (IBC) is now able to carry on business or own an interest in real property in Seychelles, but will subject to local business taxation. Moreover, an IBC would be required to be licensed by relevant financial authorities when operating in businesses such as banking, insurance, trustee or corporate services, securities business, mutual fund and gambling.

What types of business are IBCs not allowed to carry on?

As of Jan 2019, a new regime has come into effect that allows all IBCs to conduct businesses previously not permitted including: Doing business with Seychelles residents; Holding interests or own real property located in Seychelles; Owning shares in Seychelles local companies; Any IBCs licensed under IFSC must establish a physical presence in Seychelles and submit tax return annually.

What are requirements on number of directors/shareholders of a Seychelles company?

At least one director and one shareholder are required, who can be a natural person or body corporate, resident or non-resident.

Is information of company members available for public inspection?

Registers of company directors, shareholders and beneficial owners must be kept at company’s registered office in Seychelles. An international business company is required to file register of directors with Registrar, but not so for Register of shareholders and beneficial owners. Moreover, personal details of company directors, shareholders and beneficial owners are not publicly disclosed.

What is the minimum registered capital of a company in Seychelles?

There is no minimum registered or paid-in capital requirement, and it can be expressed in any currency.

What classes of shares is permitted under the current corporate law?

Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights. Bearer shares are prohibited.

Seychelles Company Formation Services with Bank Account

Seychelles Company Formation Service Packages

International Business Company (IBC)

basic

US$999

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new Seychelles International Business Company (IBC) from the beginning** All-in renewal fee at US$799

standard

US$1399

Get Started

Everything in the Basic package

Open A Bank Account

One-time fee for application of one bank
Consulting on preparation of your chosen bank’s requirements
Preparing certified corporate documents for the bank (if needed)
Making appointments with your chosen bank in the supported list

premium

US$1699

Get Started

Everything in the Standard package

Premium Banking Support

One-time fee for application of up to 5 banks OR until the account is opened, whichever comes first
Consulting on suitable alternatives if the first application is not approved
Remote bank account opening
Fast response even on weekends
Frequent updates on the bank account opening process

basic

standard

premium

basic

US$999

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new Seychelles International Business Company (IBC) from the beginning** All-in renewal fee at US$799

Refund Guarantee

We refund your money in full for any Seychelles company formation services that we cannot deliver.

Read our policy

Renewal services

Seychelles Company Renewal

US$799

Save US$100

Annual Company Renewal

Annual maintenance fees (US$150.50 government fee included)

Registered Address

01 year Local Registered Address

12-Month Company Administration

Automated reminders of compliance & filing deadlines

Maintenance of statutory registers

Exclusive access to BBCIncorp company management portal

Free Accounting Records Submission

Annual maintenance of digital accounting records

Specialized support for Seychelles company incorporation

A streamlined ecosystem designed to simplify company setup and international operations.

Investment Structuring Support

International Banking Access

BBCIncorp
Client Portal

Compliance & Governance Support

Our Process For Company Formation In Seychelles

Simple and efficient steps move the incorporation process from document submission to registration.

Place order

You do

Submit your order

We do

Review your request

Make payment

You do

Complete secure payment

We do

Generate invoice and receipt

Proceed KYC

You do

Send required documents

We do

Perform verification

Receive docs

You do

Download company docs

We do

Issue incorporation documents

KYC documents checklist

Compliance gate

What you'll need to complete eKYC verification

For Individual

The following proofs are required for all company members.

Proof of identity

A certified true copy (scanned version) of the passport (valid for at least 6 months);

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

See sample of a certified true copy

Proof of address

A certified true copy (scanned) of address proof (e.g., bank reference, bank statement, utility bill, or driver’s license), issued within the last 3 months.

The document must clearly show the holder’s full name and residential address in English. P.O. Box addresses are not accepted.

For corporate or entity

Corporate verification includes two parts: company documents and KYC proofs for every associated member.

Company documents

Please provide us with certified true copy (scanned version) of the following company documents:

Certificate of Incorporation;

Memorandum and Articles of Association/Constitution;

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

In case the company documents can be certified via official government site, there is no need to submit certified copies.

Company members

All members must provide Proof of identity and Proof of address (same as Individual requirements)

Note:

Documents must be Certified True Copy / notarized by a Notary Public within the last 3 months
Documents must be in English or officially translated into English
Requirements may vary by case. Talk to our team for confirmation.

Why Register A Company In Seychelles

Seychelles offshore company benefits offer a flexible corporate framework, a straightforward incorporation process, and practical advantages for international business structures.

Favorable tax treatment for international income

No corporate tax on foreign-sourced income

No capital gains tax

Territorial taxation system

Simple ownership requirements

No minimum paid-up capital required

Foreign directors and shareholders permitted

Suitable for internationally owned companies

Efficient ongoing compliance

Audit exemptions for standard activities

Standardized annual reporting requirements

Clear and structured compliance processes

What our clients say

Customer Review

"BBCIncorp’s support was excellent, with transparent services and costs, and their attention to detail is second to none"

Irfan Khan

Hypermine

Customer Review

"I am really fond of BBCIncorp’s professionalism and transparency and looking forward to a long-term association."

Shraddha Khattri, Co-Founder

StartUP TRU

Customer Review

"BBCIncorp is the most suitable partner for us, I was impressed with their services in all steps."

Phong Dao, Managing Lawyer

Investpush Legal

Customer Review

"Working with BBCIncorp was a great experience, we will gladly work again with them"

Abel Caro, Executive VP & Chief Legal Officer

Alfa Solutions Corp

Customer Review

"I would highlight BBCIncorp’s promptness to keep us updated and the sensitive human touch in document management and personal interaction."

Beth B. Lawton, Assistant to General Director

Foster Swiss

Customer Review

"The process of opening the BVI company with BBCIncorp was very smooth, I don’t recall doing much except for filling out a couple of forms."

Pavlos Polianidis, Chief Technology Officer

Apocentre

Customer Review

"I am very happy with BBCIncorp's service. 10/10"

Claudia Nel, Managing Director

Sure Medical

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Frequently Asked Questions

Can I use my residential address to register an offshore company in Seychelles?

The prerequisite for opening an offshore company in Seychelles is having a local address. Therefore, if you want to open an IBC here then use a Seychelles address. The address will appear on the corporate documents as a registered address, but it does not work for mailing.

Can I buy a ready-made Seychelles company?

There are shelf company, or ready-made companies, which you can buy and run business with. However, we recommend you to form new company rather than buy an existing one, due to the high cost of the ready-made company.

What is the required quorum for offshore company incorporation in Seychelles?

There should be minimum one director to incorporate in Seychelles. The director can be also the sole shareholder and the ultimate beneficial owner (UBO) of the company.

What is the role of a registered agent in Seychelles company formation?

A registered agent is a licensed intermediary based in Seychelles who acts as your company's official liaison with local authorities. They are legally required to receive official correspondence, maintain statutory records, and ensure compliance with local regulations.

BBCIncorp provides this service as part of our Seychelles company formation package, ensuring your business remains in good standing without the need for a physical presence in Seychelles.

Is a registered office address mandatory for a Seychelles company?

Yes, all Seychelles International Business Companies (IBCs) must have a registered office address within Seychelles. This address is used for official communications and must be maintained throughout the company's existence.

BBCIncorp includes this service in our formation packages, eliminating the need for you to secure a separate office space.

What is the Seychelles company registration cost?

The cost of Seychelles company registration depends on the type of company and the level of services required, typically ranging from US$999 - US$1699.

BBCIncorp offers structured service packages designed to support both the registration process and ongoing business needs.

For more details, explore the available options in our Service Pricing Packages to find the most suitable solution.

Company Incorporation

Open Business Account

Nominee Director Shareholder

Accounting & Auditing

Company Secretary

Virtual Office

Enterprise Accountant

Seychelles
Company Formation With Bank Account

Seychelles Company Formation Service Packages