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Company registration on Seychelles in 2020

Among the main advantages of the country:

  • Quick company registration;
  • No minimum capital requirements;
  • Confidentiality; - Stable economy;
  • Lack of currency control;
  • Low cost of doing business.

Company registration - 1890 €

Company registration period - from 2 days

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Seychelles is an island country located in Indian Ocean near the East Africa. It is a state with a smallest population in the African continent.

If you want to set up a company in Seychelles and open a Seychelles bank account, then pay attention to the following:

  • Seychelles is a member of the OAU, SADC, IBRD, IMF and others;
  • Capital: Victoria;
  • State languages: Seychellois Creole, French, English;
  • 7 neighboring island countries and territories, including Madagascar and Maldives;
  • Currency is SCR. 1 USD = 13,7 SCR;
  • The country has the highest GDP (nominal per capita) in the African continent.

Those, who are intended to start a business in this jurisdiction, we recommend asking for individual advice on company registration process in Seychelles from IQ Decision experts.

Business benefits

Owing to a progressive government policy and adopted laws, Seychelles has been successfully developing in recent years and has become an excellent alternative for offshore jurisdictions such as the British Virgin Islands.

If you are planning to open a company in Seychelles and open a corporate account with a Seychelles bank, note that this state is known as the fastest IBC registrar in the world.

The key advantages of the jurisdiction are:

  • Stable economy;
  • Low cost of maintaining and extending the company;
  • Comfortable time zone (+4 hours GMT);
  • Multilingual constituent documents are allowed;
  • Fast and simple company registration procedure;
  • Fixed registration fee;
  • Authorized use of nominee service;
  • Safe banking;
  • There are no requirements regarding the share capital;
  • Seychelles are not listed on OECD and FATF;
  • The government has concluded a number of DTA agreements with other states;
  • No currency control.

In order to learn more about the country, you can request for qualified advice on business registration procedure in Seychelles from IQ Decision company.

Read also:
Best uses for a Seychelles company

If you are intended to register a Seychelles company, then it can be profitable to:

  1. Set up a commercial business in Seychelles;
  2. Open an intellectual property business in Seychelles;
  3. Register a Seychelles consulting company;
  4. Set up a Forex trading company in Seychelles;
  5. Open a Seychelles IT company.
Legal forms and taxes

Those, who want to set up a Seychelles company and open an account for a Seychelles company, can choose the following business entity types:

  • IBC;
  • Seychelles ITZ;
  • Special license company;
  • LLC;
  • Branch.

Legal form

Corporate tax


Share capital



no local sales allowed


Seychelles ITZ









up to 33%




up to 33%



Registration requirements

In order to register an LLC in Seychelles, you need the following:

  1. Founders: two directors and shareholders (of any nationality);
  2. Secretary (resident);
  3. Registered physical office.
How to establish a company in Seychelles

If you decide to open a business in this country, then IQ Decision lawyers can provide you with personal advice on company registration procedure in Seychelles and legal assistance in Seychelles corporate bank account opening.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

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