Meet the Specific Needs of Setting up an Offshore Company in Seychelles

Posted by Sterlingoffshore on December 5th, 2016

Forming an offshore company is a way to operate an international business and protect its best interests in another country such as those referred to as a tax haven or an offshore financial centre that provides various incentives. It is legal to open an offshore company, especially if you want to safeguard your business assets and finances from local authorities and entities that may express an unwelcomed interest in them. Seychelles is one of the increasingly popular destinations for setting up an offshore company because it provides a confidential, tax-friendly, and secure environment for your wealth. But before you set up an offshore company in Seychelles, you need to be aware of the requirements and make sure that you fulfil them properly. 

What You Can Do 

The requirements for setting up an offshore company in Seychelles may vary depending on the type of company that you want to form. The most common type of company that you can set up in the country is Seychelles IBC, but you have other options like the tax-resident Seychelles PCC and Seychelles CSL. Regardless of your choice, consider getting help from a reputable and licensed offshore company formation service. Look for a company that bears the International Corporate Services Provider license, which can only be issued by the Seychelles Financial Services Authority. 

By working with an offshore company formation service, you can receive guidance and the right information on the company laws and other regulatory requirements. Likewise, the service provider will act as your professional advisor to assess your requirements and objectives, so you can create the right type of Seychelles offshore company. 

Prepare the Right Documents 

By taking help from the Seychelles offshore company formation service, they will prepare all the necessary documents like the articles of association, memorandum of association, share register, first resolutions of your directors, resolution appointing your directors, and register of directors. They may provide the share certificates, too, as well as a declaration of trust, which applies if nominee shareholder services are provided. A power of attorney may be necessary where professional director services apply. The company documents will be registered with a relevant Seychelles company registrar, namely the Seychelles Financial Services Authority (for Seychelles IBCs) and the Registrar General, Companies Division (for other companies). 

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.