The Basics Of Seychelles Company Formation

By Author: Abbey smith
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An IBC, or International Business Company, is an ideal way to further your business interests. You can enjoy reduced tax liabilities while remaining perfectly within the letter of the law. Choosing the right jurisdiction means that your shareholders may also enjoy reduced tax rates while they, and directors, can enjoy complete privacy. Seychelles company formation is one of the most popular of all IBC incorporations because there is no corporate tax, no need to file public records, and the cost of establishing and maintaining a business is minimal.

All offshore jurisdictions have certain requirements that need to be met in order for you to be able to establish an IBC within their shores. In the case of a Seychelles company formation this means that you may not conduct business locally and there should be a standard share capital of $100,000. There is no minimum paid up value and accounts can be run in any currency. One director and one shareholder are required.

Assuming that your new business meets these simple criteria you can enjoy access to an affordable offshore company formation. For a few hundred pounds your ...
... business can be established in a day or less and the annual fees are around the same amount. Considering the tax that can be saved, these costs are minimal and they help ensure that your business has the best chance of making a profit.

If privacy is a driving factor in deciding which offshore jurisdiction to opt for, then a Seychelles company formation is again a very strong choice. Director and shareholder details are not kept on public record and nominee directors or corporate directors can be used in order to enjoy a further level of anonymity. No returns are filed and this means that company details are not easily obtained; those that can be read are minimal and provide little information on the structure of the company.

Seychelles company formation can prove a highly profitable way to set up or advance a business. Your IBC can enjoy complete corporate tax exemption and, as a shareholder, you too can enjoy a similar tax break on your share earnings.
Visit OffshoreFormations247.com for more information on the benefits and key features of Seychelles company formation.