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A Seychelles company: why it can still be useful
International Business Company registered in Seychelles represents an good solution for confidential and fully tax-exempted international business: there no requirements to file annual returns, no taxes or stamp duties, no US or IRS interference, no public records. The Seychelles IBC is commonly used for international trading operations, investments and holding purposes, leasing of vehicles or aircraft, marketing and financial activities.
Company formation in Seychelles
MAIN ADVANTAGES OF USING THE COMPANY IN SEYCHELLES
Seychelles as an offshore company
A Seychelles IBC, by definition of the law, is not subject to any tax or duty on income or profits. It is also exempt from stamp duties on transfer of property and any exchange controls.
No accounting filing requirements.
But, Section 174 (1) of the IBC Act, 2016 (Amended) requires the company to keep records and such documents (receipts, invoices etc.) as to enable it for accounts to be prepared