Seychelles Offshore Company Incorporation ? Benefits and Usage in Making Wealth

Posted by Sterlingoffshore on July 3rd, 2017

Seychelles is not only known to holidaymakers. It is an ideal country for offshore company incorporation, too. In fact, it offers a wide array of financial services and opportunities to form and register your business as an IBC (international business company) there. IBC is a commonly preferred corporate entity for many purposes, with minimal limitations, and it is governed by the 1994 International Business Companies Act. A licensed, registered, and regulated offshore company formation service provider can help you get started with Seychelles offshore company incorporation.

A Seychelles offshore company incorporation specialist can act as your consultant to learn more about the benefits of a Seychelles IBC and how it can help you build and protect your wealth. As a Seychelles IBC, your company can have a name in any language, as long as its translation is approved and that it ends with Limited, Corporation, Incorporated or their abbreviations. Keep in mind that there are prohibited words, like names pertaining to the patronage of any country or government.

Some offshore company formation service providers can provider services like the company secretary, shareholders, professional directors, fund administrators, and a virtual office. That way, you do not have to worry about setting up and finding them yourself. Qualified directors may live anywhere and be of any nationality. You will need a minimum of one director, and his or her name will not be stated in public records. You do not have to assign a local resident director in a Seychelles offshore company although it may be advisable or even necessary for establishing the tax residency in Seychelles. The director can either be a corporation or an actual person.

Offshore company formation generally offers benefits like asset protection, financial privacy, lawsuit protection, and possible taxation advantages, making it favourable to some businesses. Your Seychelles IBC is allowed to hold securities and shares in a domestic company within the country. It is allowed to purchase securities and bonds from the Seychelles government, too. Moreover, it is allowed to own or manage an aircraft or vessel registered in the country under the 1992 Merchant Shipping Act. With Seychelles offshore company incorporation, you are responsible for keeping accounting records to correctly explain transactions conducted by your IBC and be able to accurately define the financial position of your company at any given time.

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.