Register a Company in Seychelles
Setting up a company in Seychelles is a straightforward process when guided by Block3 Finance. We assist in simplifying the process, ensuring you can focus on growing your business while we handle the technicalities.
Block3 Finance provides comprehensive services for company registration in Seychelles with the Seychelles Registrar of Companies, ensuring that your business becomes operational within the required time frame.
Our Service Package Includes
Planning and Strategy
Company Registration in Seychelles
Seychelles Company Formation Agent
Opening a Seychelles Bank Account Online
Advantages of Registering a Company in Seychelles
Zero Taxation on Foreign Income: Companies in Seychelles that operate outside the jurisdiction are not subject to corporate income tax, capital gains tax, or withholding taxes. This results in a tax-free environment for profits made internationally.
Confidentiality: Seychelles has robust corporate secrecy laws protecting company information from public disclosure. Director and shareholder details are not publicly accessible, ensuring high levels of confidentiality.
Limited Reporting Requirements: The jurisdiction imposes minimal reporting obligations, allowing businesses to operate with discretion.
Variety of Business Entities: Seychelles offers multiple business entity structures, including International Business Companies (IBCs), trusts, and foundations, providing flexibility for entrepreneurs.
Affordable Registration Fees: Compared to other jurisdictions, Seychelles offers lower registration fees, making it a cost-effective choice for establishing a business.
Modern Infrastructure: Seychelles enjoys excellent telecommunications and public utilities, making it an ideal location for business operations. Strategically situated in the Indian Ocean, it also serves as a gateway for trade between Africa, Asia, and Europe.
Can a Foreigner Start a Business in Seychelles?
Yes, foreign investors are allowed to register a company in Seychelles. Block3 Finance ensures compliance with all local laws and assists you in setting up your business seamlessly.
Foreign investors can fully own a Seychelles company, though certain restrictions apply to activities related to banking, insurance, or reinsurance. For example, a Seychelles International Business Corporation (IBC) can be set up by foreigners with minimal requirements:
One director (of any nationality)
One shareholder (of any nationality)
Local registered address
Local registered agent (for filing documents on behalf of the company) Minimum issued share capital of US$1
A company secretary is not required
How Long Does It Take to Start a Business in Seychelles?
Block3 Finance can complete your Seychelles company registration within 1 week once we receive the due diligence documents of directors, shareholders, and beneficial owners.
In approximately 4 weeks, we'll assist in opening a corporate bank account with a reputable international bank. Therefore, you can expect to start operations and issue invoices within 5 weeks after engaging Block3 Finance.
Business Licenses in Seychelles
Depending on the nature of your business, you may require a specific license to operate in Seychelles. Some common licenses include:
Accommodation and Catering License: Required for hotel and restaurant businesses.
Building Contractor License: For construction firms to ensure compliance with local regulations.
Health Services License: Mandatory for medical facilities and health service providers.
Gaming License: For businesses engaged in betting or gaming activities.
Entertainment License: Ensures compliance with public safety and noise control laws in entertainment venues.
Publishing License: For media houses distributing content in Seychelles.
Special License Company (SLC): Enables international business activities.
Crafts and Cottage Industries License: For small-scale craft businesses.
Agriculture Business License: Required for agricultural operations.
How to Register a Company in Seychelles
Step 1: Planning and Strategy: We’ll first understand your business needs and recommend the most suitable entity for your business. The most common business structure for foreign investors is an offshore company (IBC).
Step 2: Reserve a Preferred Company: Name We will check the availability of your desired company name and reserve it with the Seychelles Financial Services Authority.
Step 3: Pre-registration Requirements: You’ll need to provide the following documents:
Information about the company (Certificate of Incorporation, Articles of Association, etc.)
Business name reservation proof
Passport and residential proof of shareholders, directors, and ultimate beneficial owners
Reference from a bank (if required)
Step 4: Preparing and Submitting Documents: Once we have all the documents, we will prepare and submit them to the relevant authorities on your behalf. The process does not require you to travel to Seychelles.
Step 5: Opening a Bank Account: Block3 Finance will facilitate the opening of a corporate bank account with a reputable international bank, leveraging our banking network.
Step 6: Register for Tax: We will register your business with the Seychelles Revenue Commission to obtain a tax identification number.
Step 7: Compliance with Laws: After company registration, we will ensure your business remains compliant with Seychelles government policies. Annual renewal of licenses and fees will be managed by Block3 Finance.
Types of Business Entities in Seychelles
Block3 Finance will guide you in selecting the most suitable business entity based on your business needs. Some common structures include:
Seychelles Offshore Company (IBC): Ideal for holding companies and international tax planning.
Limited Liability Company (LLC): Suitable for conducting business both locally and internationally.
Limited Partnership: For those who want a combination of limited and general partners.
Common Challenges in Registering a Company in Seychelles
Understanding the Legal and Regulatory Framework: The legal requirements can be complex. Block3 Finance ensures you navigate these easily.
Compliance Requirements: Seychelles has strict compliance obligations. Block3 Finance helps maintain compliance and manages your company records.
Incomplete or Incorrect Documentation: Errors in documentation can lead to delays. We ensure that all documents are correctly prepared and submitted.
Cost to Register a Company in Seychelles
Block3 Finance ensures transparency regarding all costs involved in company registration. We’ll provide a detailed breakdown of registration fees, license fees, and any additional costs to avoid hidden fees.
Why Register a Company in Seychelles?
Seychelles is a highly attractive jurisdiction for offshore companies due to its tax advantages and confidentiality. It offers:
Zero taxation on foreign income
Strong legal and financial infrastructure
Confidentiality of shareholders and directors
Moreover, the country’s political stability, skilled workforce, and modern infrastructure make it an ideal destination for global business.
Get in Touch with Block3 Finance
To start your business in Seychelles, contact Block3 Finance today. Our team of experts will help you every step of the way, ensuring a smooth and efficient company registration process.
