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Posts sent in: January 2001

Mar/30/2014 

Companies which are registered in the Seychelles can enjoy a flexible structure similar to most other offshore jurisdictions without any maximum or minimum capital investments. There is a need for a minimum of just one shareholder and one director. Both director and shareholder can either be an individual or a company. The director can be the owner of the company who likes to establish the business. It is not mandatory for Seychelles registered companies to submit their annual accounts or hold annual general meetings. In fact, all the administrative duties are related with operating a company and have become unsupervised and optional. However, the fee required for Seychelles company formation is higher when compared to the amount required for registering a UK company.

Seychelles Company Formation and registration is executed by the SIBA or Seychelles International Bureau Authority which is responsible for supervising the formation of offshore business companies under the jurisdiction of Seychelles. SIBA was established in the year 1995. An uncomplicated process is associated with the formation of Seychelles offshore company. The responsibility of carrying out the process involved in offshore company formation is undertaken by a well known registered agent in the jurisdiction. You must bear in your mind that the offshore companies could not be incorporated in Seychelles without getting assistance from a registered agent. 

The agent will take all the responsibilities of placing all the required documents for Seychelles company formation together and binding them with Registrar of companies called SIBA. To ensure Seychelles company formation, the registered agent together with the help of an individual who want to incorporate Seychelles offshore company will combine together a comprehensive memorandum of articles. To get registered, you should provide name of the company, name and address of the registered agent, purpose of company formation, issued capital, number of shares, types of shares and limitations and rights of share.
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