Jurisdictions
We specialize in incorporating companies (ranging from the very simple to the very complex) and in jursidictions around the globe.
BASIC JURISDICTIONS INFORMATION
Official Name: Seychelles
Population: 82,000
Location: East of African coast
Legal System: English common law
Language(s): English and French
Time Zones: GMT plus 4 hours
MONETARY
The main currency in circulation in the Seychelles has been the Seychelles rupees, which is pegged to the US Dollar by a currency board at the rate of 5.5 Seychelles rupees to US$1. Seychelles has no foreign exchange controls.
TAX SYSTEM
Seychelles International Business Companies (IBCs) are exempted from taxation on business activities or transactions carried outside of the Seychelles. An IBC can be converted to other resident companies such as Companies Special Licence ("CSL").The CSL is a Seychelles domestic company (incorporated under the Companies Act 1972), which is granted a special license under the Companies (Special Licenses) Act 2003. A CSL can take advantage of the Seychelles steadily expanding network of double taxation treaties which include China, Indonesia, Malaysia, Mauritius, Thailand, S. Africa, Botswana, Oman, Cyprus and Vietnam.
CROPORATE REQUIREMENTS
Usual Authorized Capital: US$1,000,000
Minimum No. of Shareholders: -1-
Minimum No. of Directors: -1-
Company Secretary: Not Mandatory
In addition to the above jurisdictions, Interglobe can arrange incorporation of companies in alternate jurisdictions of your designation through its established network of international formation specialists.
