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IBC Services for Professionals

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IBC Services for Professionals

Seychelles has become a hub for offshore company for doctors and other professionals looking for a business-friendly environment. Business owners and Seychelles professionals are coming to Seychelles for company incorporation because of the benefits available for setting up a company. It is a tax-efficient and versatile option for professionals

Tailored  Solutions for Lawyers & Consultants

The general definition of an offshore company for doctors is a business that is created with the purpose of completing different types of activities outside the country it is registered in. This represents one of the most effective ways to protect one’s personal assets.

Seychelles is known globally for its favourable regime available to foreign investors. It is also the most appreciated business destination for offshore company formation. Seychelles provides a set of tax advantages. This is something Seychelles professionals can benefit from.

Are you also thinking of company formation as a professional? We at Seychelles Company Registration help businesses worldwide establish their presence in Seychelles. You can be a Seychelles lawyers, doctor or financial expert; our complete services can ensure a smooth company formation process. We can help you meet all the legal, financial and compliance requirements.

Benefits of Establishing a ProfessionalServices Company in Seychelles

Incorporating or establishing your business in another country, especially a place like Seychelles has many advantages. The financial service sector is the pillar of the Seychelles economy.

Here are the top perks of launching a Seychelles professionals’ services company in Seychelles.

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Tax Efficiency
One of the biggest advantages of establishing a professional services company in Seychelles; is the lack of taxation. The tax system of the country is territorial. This means any income that you earn outside the country is not subject to taxation. The zero taxation rule also applies to interest, capital gains and stamp duties on business transactions. There are many Seychelles tax benefits.

To comply with the law, it is very important that your professional services company does not earn any income in Seychelles. Additionally, you need to remember that your business cannot own a property in Seychelles.
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Confidentiality
The issue of privacy especially when it comes to personal details has been an increasingly hot button issue. If you open your professional services company in Seychelles your privacy is guaranteed by law. Along with the name and personal details of the initial company director; the other directors, the identity of shareholders and beneficial owners are not kept on public record.

Seychelles is also an independent jurisdiction. This means it does not share or report information with external organizations or countries. There is also no political pressure in Seychelles to disclose information.
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Flexible Corporate Structure
The corporate structure in Seychelles is designed to accommodate a variety of business structures. It is very flexible. For IBCs, there needs to be only one shareholder and director. They can also be the same person. There is no requirement for a local director nor any limitation on nationality.

Also, there is no mandatory auditing or tax filing. This is the case as long as you keep your accounting records. But please note that this is applicable to IBCs that don’t earn any income within Seychelles. There is also no requirement to conduct an annual general meeting in Seychelles. You can do it over video or phone.
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Asset Protection
This has always been a significant concern among business owners and entrepreneurs. But Seychelles turns out to be a great location for the same. You can count on Seychelles as a professional to earn the maximum benefits.

Seychelles also provides flexibility to business owners to choose the best asset protection structure. This includes -
a) Private Foundations
b) Offshore Companies
c) Offshore Trusts
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Secure Your Assets Today: Learn How Seychelles Incorporation Benefits Professionals Like You
Let’s Discuss Your Business Goals
Let’s Discuss Your Business Goals

Know the Corporate Structures for Professionals

There are two types of offshore companies that are available in Seychelles. They are IBC and CSL. It is important to decide carefully between the two. Here are some important keynotes that you can consider.

1. International Business Company

IBC isthe most versatile and popular type of offshore corporation available inSeychelles. They are designed to engage others in international business. It issubject to minimum red tape since it is an IBC. Seychelles IBC does not have tosubmit any financial reports to public file.

It gives you:

2. Special License Company

The Seychelles CSL operates under the hybrid law and is formed under the Companies Act 1972. The CSL is a resident company and can conduct business outside and inside Seychelles.

Do you want access to the double taxation treaties of Seychelles? You might prefer a Special License Company. These offer you-

Registration Process

Know more about the Incorporation Process

Settingup your IBC in Seychelles is fast and easy. If you provide the correctdocuments on time, the process can be done in twenty four hours. You can set upyour Seychelles offshore companies in a feweasy steps.  

We at Seychelles Company Registration help businesses worldwide establish theirpresence in Seychelles. Here are the steps that should be followed:

1. Name Reservation

Seychelles offshore companies will need a trade name. You should notethat English is most of the time used for company names in Seychelles. The namemust end with a phrase, word or abbreviation. It should indicate limitedliability such as Corporation (Corp), Limited (LTD) or Incorporation (INC). Wecan help you reserve your chosen name with the Seychelles Financial ServicesAuthority.

2. Documentation

Foreigninvestors or professionals interested in Seychelles IBC formation are requiredto prepare and submit the following documents with the Companies registrar.

a) Personal information like passports should be verified in case of natural persons

b) Proof of having a residential address in Seychelles

c) Company Information

d) Memorandum and Articles of Association

e) Duediligence documents for directors and shareholders

Our localagents can help you prepare the correct documentation.

3. Registered Agent and Office

The corporate structure of Seychelles is pretty flexible. There is no need for owners to have a physical address in Seychelles for company registration. But you will need to appoint a licensed registered agent and maintain a registered office in Seychelles. This is required by law. Seychelles Company Registration can handle this for you.

4. Submission and Registration

We submitall required documents to the FSA for approval. Once approved, you willtypically have your company incorporated within twenty four to forty-eighthours.

Post-Incorporation Considerations while setting up a company in Seychelles

After we are done incorporating your company. There are a few things you would need to do to ensure smooth operations. They include securing necessary licenses and opening a bank account.

a) Bank Account Opening

Your Seychelles IBC can maintain bank accounts globally. But we recommend establishing a corporate bank account right away. This can help in efficient business operations. You would have to provide due diligence documents. We can help you in this process.

b) Accounting and Compliance

Seychellesdoes not require IBCs to file annual returns or financial statements. But weadvise maintaining records for internal governance and potential futurerequirements.

c) Licensing

You would need a business license or permits to conduct business in Seychelles. The type of license required depends upon your profession. Seychelles Company Registration can advise you on specific requirements.

Ready to Expand Your Business? Let’s Make ItHappen.

Get Started with Your Seychelles Company Today

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Frequently asked questions

Can I use a Seychelles IBC to offer professional services globally?
Arethere residency requirements for directors or shareholders of a Seychelles IBC?
How long does it take to incorporate a company in Seychelles?
Is it mandatory to maintain accounting records for a Seychelles IBC?
Can a Seychelles IBC open bank accounts internationally?