Offshore companies

IBC Company in the Seychelles

Among the many possible offshore jurisdictions available, we have chosen to focus on the Seychelles. The country has a stable democratic government and a long and confidence inspiring history as a base for offshore companies.

The Seychelles is a former British colony where British judicial traditions and common law are upheld.

An IBC company (International Business Company) is an offshore company – that is, a company which is tax-exempt, so long as it is trading internationally. We present here an overview of this type of company, its advantages and its different forms of use.

An offshore company is a limited liability company, which solely trades with customers or suppliers outside the country, in which it is registered. That is why it is often referred to as an ‘International trading company’. This might for instance be a company residing in the Seychelles, but which solely does business with USA or European countries.

Companies that do not trade in their own country are exempt from tax for all profits generated abroad. Firms with the option to use IBC companies, often enjoy great benefits and savings, which strengthen their competitiveness.

Factors that make Seychelles companies attractive

• No tax (0 % tax)
• No VAT requirement
• No accounting requirements
• No bookkeeping requirement
• Minimal annual company administration
• Minimal annual running costs
• Protection of ownership details
• Flexibility and discretion
• Political and economic stability

Options for use

 These flexible Seychelles offshore companies serve many usages:

• As an International trading or brokerage company
• Trading in rights or passive profits from royalties
• Having anonymity in relation to investments in projects or companies
• In conjunction with a trust solution, provide benefits for individuals or companies
• For day trading, stock trading or other financial investment
• As a consultancy practice (without fixed address of operation)
   

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