Seychelles IBC's
IBCs are international business companies incorporated under the International Business Corporation Act, 1994. This act enables for the establishment of exempted offshore companies with minimal compliance requirements and complete confidentiality.
The International Business Companies Act 1994 is the governing legislation for the formation of the versatile and most widely sought type of company, through which legitimate international business, including trade, commerce and investment activities are conducted.
Offshore company in Seychelles would offer a number of benefits for international traders and foreign investors:
- no withholding tax on dividends;
- no personal income tax and no other taxes connected with ownership, transfer etc.;
- special incentives for investments;
- 100% foreign ownership;
- 100% reparation of capital and profits;
- extremely fast incorporation: apostille and notarial certifications usually take no more than 1 day;
- no public register of directors and shareholders (though this information should be kept up-to-date and filed with the Registered Agent).