How to Set Up a Company in Seychelles (2026)

Seychelles IBC — what it is

The Seychelles International Business Company (IBC) is a pure offshore holding vehicle. Governed by the International Business Companies Act 2016. Key features:

• 0% tax on foreign-source income
• USD 1 minimum share capital (notional)
• 1 director, 1 shareholder minimum; no nationality/residency restrictions
• No audit requirement
• No annual accounts filing (must maintain internal records)
• 3–5 business day formation

Governed by the FSA (Financial Services Authority) of Seychelles

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Limitations vs BVI or Cayman

Seychelles is the cheapest option but carries the lowest prestige and the most frequent appearance on EU monitoring lists. It's appropriate where cost is the primary driver and the company is purely a holding layer above a more credible onshore structure.

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Formation

All Seychelles IBC formations are handled by licensed CSPs (Company Service Providers) regulated by the FSA.

1. Contact a Seychelles-licensed registered agent 2. Provide KYC documents (passport, proof of address, source of funds) 3. CSP files with the FSA Registrar 4. Certificate of Incorporation issued within 3–5 days

Annual government fee: USD 100 (IBCs with authorised capital ≤USD 5,000); USD 300 (USD 5,001–50,000)

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Real cost (Year 1)

Annual renewal: USD 400–700 (government fee + registered agent)