The Benefits Of Establishing A Seychelles Company

By Author: Abbey smith
Total Articles: 362
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Establishing an offshore company can provide a financially beneficial way to advance your business. You can enjoy reduced tax rates for your organisation as well as its directors and shareholders, and many offshore jurisdictions also afford very high levels of anonymity for those concerned with the establishment of an International Business Company. A Seychelles company offers low start-up and ongoing fees as well as zero corporate tax. Director and shareholder details are not made publicly accessible either, ensuring anonymity for all parties.

A Seychelles company can help minimise your exposure to taxes. However, there are still costs associated with the establishment and running of a business, as there are with any offshore company incorporation. Fortunately, a Seychelles company has some of the lowest start-up and ongoing costs required and your new offshore business can be incorporated in less than a day too.

The primary benefit of an IBC is the tax exemption that it offers and a Seychelles company doesn't disappoint here either. Companies do not need to pay any corporate tax or duty on profits derived from ...
... the running of that business. What's more, shareholders are also tax and stamp duty exempt which makes owning a stake in a Seychelles business even more profitable for the individual. These exemptions assume that no profits are derived from within the borders of the Seychelles which is common practice for offshore company formations.

One of the key factors that leads many to consider establishing a Seychelles company is the privacy that it affords. One director and one shareholder are legally required but information on these parties is not made publicly accessible. There is no requirement for a company secretary and because there is no corporate tax it means that while annual accounts need to be prepared they do not need to be filed and are therefore not made publicly available either.

A Seychelles company can prove a beneficial and profitable way to establish a new business. As long as you do not conduct any business within the Seychelles, your new IBC can enjoy complete corporate tax exemption while shareholders can enjoy similar benefits on profits and dividends that they receive.

For more guidance and information on setting up a Seychelles company visit OffshoreFormations247.com. You can enjoy competitive prices on incorporation as well as additional, beneficial services.