Seychelles provides specific services that assist Seychelles digital nomads who want to start offshore companies. The main service of Seychelles allows remote professionals to create International Business Companies (IBCs) that provide adaptable corporate frameworks.
These international business companies provide Seychelles digital nomads with simplified administrative requirements to conduct their business activities across borders.
Seychelles has launched the Workcation Retreat Program, which provides remote workers with a visa to stay on the islands and conduct their work for a full year. The Workcation Retreat Program welcomes self-employed individuals, freelancers, and employees who work from home to enjoy the best of work and leisure in a tropical paradise.
Seychelles digital nomads can now access the Workcation Retreat Program in Seychelles, which offers workers a unique visa to combine business with pleasure in their tropical island destination. Remote workers can stay and work in Seychelles for one year through this special program.
Eligibility Criteria:
Individuals employed by a company outside Seychelles who can perform their duties remotely.
Business owners or freelancers with clients outside Seychelles.
Application Process:
This includes a valid passport, proof of remote employment or business ownership, and evidence of sufficient funds to support your stay.
Complete the applicationform through the official Seychelles tourism website, attaching all requireddocuments.
A one-time fee needs to be paid for processing the application.
Applications are usually processed within a few days.
Upon approval, arrange your travel and enjoy your Workcation Retreat Program in Seychelles.
When starting a business, Seychelles digital nomads can make use of several alluring advantages offered by Seychelles. The benefits include:
A company operating as an International Business Company in Seychelles demands strict compliance with maintenance and operational protocols to maintain legal status and operational performance. Key obligations include:
To maintain active status, an IBC must remit an annual government license fee, irrespective of the company's authorised capital or number of shares. This fee is due upon registration and subsequently on each anniversary of the incorporation date. In order to prevent fines or possible deregistration, timely payment is essential. Seychelles business setup can be done with the help of experts.
Every Seychelles business setup must keep its financial records in order to demonstrate its business condition accurately. The financial records of IBCs include documentation about assets and liabilities as well as receipts and expenditures, sales, and purchases.
Companies maintaining IBC status in Seychelles need to keep all financial records for at least seven years starting from the date of their transactions. However, they do not need to publish these records or have their accounts audited. Experts in global business solutions can guide you in keeping records.
A Seychelles international business company needs proper licensing to operate in specific business areas. Seychelles prohibits IBCs from establishing bank operations as well as insurance companies, mutual funds, and gambling enterprises operating within its territory.
The conduct of business activities by IBCs in Seychelles is restricted only to offshore company services, which help manage their business, including maintaining professional services locally.
Nomad business formation Seychelles' advantageous economic climate becomes accessible for companies through proper compliance with regulations when they maintain all necessary standards.
Seychelles digital nomads seeking to establish an International Business Company (IBC) in Seychelles follow a step-by-step process that combines regulatory compliance with operational effectiveness. This guide provides step-by-step instructions for establishing an International Business Company in Seychelles:
Your first step should be to choose an original digital nomad company name. A business name selection must avoid all duplication of existing Seychelles entities while ending with approved designators "Limited" or "Incorporated" to indicate limited liability. Offshore company services can guide individuals in this process.
All International Business Companies (IBCs) in Seychelles need at least one director and one shareholder to establish their company. Any person from any nationality, together with corporate entities, can take director positions or ownership roles in these entities. A single person holds the ability to serve in dual roles in the digital nomad company structure while maintaining flexibility in the organisation.
The company must submit its essential documents containing operational guidelines and organisational structure definition to the Seychelles Registrar of Companies. A Seychelles Registrar of Companies approval requires business owners to submit their identification documents together with director and shareholder information. The submitted documents need approval from the Seychelles Registrar of Companies before proceeding.
Every IBC needs to choose a licensed local registered agent while operating under the requirement to maintain registered office facilities in Seychelles. Through their role as liaison, the registered agent maintains contact between the company and government authorities to handle all mandatory requirements. A registered office operates as the official location for receiving all legal documentation.
The business activitiesdetermine what licenses and permits become necessary for operation. Localauthorities or your registered agent should be consulted to establish whichlicenses and permits your business needs according to its operations.
Unlock Tax Benefits and Confidentiality – Start Your Seychelles IBC Now! Seychelles digital nomads can set up an IBC in Seychelles by strictly following this procedure.
The business activitiesof Seychelles IBCs are permitted to operate within the Seychelles territorialboundaries. The Seychelles business tax becomes payable by an IBC that operateswithin the country yet derives its earnings from within Seychelles. ASeychelles International Business Company remains tax-free for all foreignincome it receives because it does not operate inside the country.
Seychelles operates without a public database for disclosing director or shareholder information of its IBCs. Due to its continued inaccessibility to the general public, this data remains extremely secret.
There is no minimum share capital required by the Seychelles government to incorporate IBC. Seychelles digital nomads can establish their capital structure through specific business needs because of this flexible arrangement.
Business formation Seychelles operates a swift incorporation process. It is completed within 24 hours after receiving complete paperwork. This speedy process enables businesses to commence operations promptly.
The Seychelles IBC does not need to file reports or undergo audits if it does not make money from Seychelles operations. The companies must preserve their accounting records accurately for seven years.