AmPlus Business Services Limited

 

 

Hong Kong Company Formation

Offshore Bank Account Opening 

HK Harbour

Offshore Company Formation - Seychelles

  

Background

Location                                                  

The Seychelles (comprising 117 islands) is located in the Indian Ocean between 4 and 5 degrees south of the equator.

Official Language 

English, French and Creole

Legal System

Modelled on English & French law, with "offshore" and corporate laws heavily statute and Common Law-based.

Currency Seychelles rupee 
Exchange Control

Seychelles offshore companies are exempted from exchange control.

Time Zone     

GMT +4



Key Corporate Features

General

Type of company:

IBC

Principal corporate legislation:

International Business Companies Act 1994

Shelf company availabe:

Yes  View Now

Taxation on foreign income: 

Nil

Share capital or equivalent

Standard currency:

USD

Minimum paid up: 

US$ 1

Standard authorised capital:

US$ 1,000,000

Directors 
Minimium number:

1

Local required:

No

Publicly accessible records: 

No

Shareholders
Minimum number:

1

Publicly accessible records: 

No

Company Secretary 
Required:

No

Annual Requirements
Annual Return: 

No

Audit requirements:

No

Requirement to file accounts: 

No

Publicly accessible accounts:

No

Other
Govt Filing of Register of Directors:

No

Govt Filing of Register of Shareholders:

No



Advantages of Seychelles Companies

»   

Totally exempt from Seychelles income tax if no business in Seychelles.

»

No disclosure of shareholders or directors to the public or the government. 

»

Only one shareholder and director is required.

»

Do not require a resident secretary, local shareholders, or local directors.

»

Minimum issued and paid up share capital required is US$ 1.

»

No mandatory requirement for annual return / accounts filing.

  

 

Restrictions on Seychelles Companies

»  

Prohibit from carrying on any business with persons residing in Seychelles.

»

Prohibit from undertaking any activity that would associate with the banking and insurance industries.

»

Prohibit from selling its shares to the public or owning an interest in real property in Seychelles. 



Seychelles Companies Setup Requirement

Share Capital

Minimum US$ 1 issued and allotted share capital.

Director

At least one, no nationality limitation, individual or corporate is also allowed. 

Shareholder

At least one, no nationality limitation, individual or corporate is also allowed.

Company Secretary

Not required.

Registered Agent /Address

Require one local authorized registration agency.

Registered office must be maintained in Seychelles.

Processing Time

Tailor-made company, about 8 - 10 working days.

Ready-made company, 2 - 3 working days



Seychelles Companies Setup Procedure

Tailor-made Company
Step 1             
»  

Suggest at least 3 company names for the proposed company.

»

We will conduct name search to ensure the proposed names have not yet been registered. 

Step 2 
»

Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy).

»

Confirm company structure and share allocation.

»

Fill in the related order form and provide identification documents together with the first payment.

Step 3

»

We will prepare incorporation / registration documents and send to you by email for your signature.

»

You will need to sign incorporation / registration documents and send back to us for processing.

Step 4

»

We will collect Certificate of Incorporation (CI) upon approval of registration and prepare company kit for the new company.

»

Upon completion, you will settle the final payment and receive full set of incorporation / registration documents and company kit by courier.



Ready-made Company
Step 1             
»  

Choose a preferred company name from the Ready Made Companies List.

»

Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy). 

»

Fill in the related order form and provide identification documents together with the first payment. 

Step 2 
»

We will prepare relevant incorporation / registration documents and send to you by email for your signature.

»

You will need to sign the incorporation / registration documents and pass them back to us together with the final payment.

Step 3

»

We will send copy of CI to you for confirmation and prepare the company kit.

»

You will receive full set of incorporation / registration documents and company kit by courier upon completion.

 

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