Advantages of starting a company in Seychelles
The process required to register in Seychelles
first
Name review and pre-approval
Submit 1-3 English names (with "Limited" suffix) to the Seychelles Financial Services Authority (FSA) through a registered agent. Approval is usually completed within 1 hour. Chinese transliterated names are supported for filing.
second
Document preparation and submission
Shareholder/director passport and address proof (no notarization required), articles of association (FSA standard template can be selected), registered capital statement (default $50,000), and the whole process is submitted electronically.
third
Pay the fee and obtain the certificate
After paying the first year government license fee (approx. Usd 700) and agency service fee, issue the electronic registration certificate (expedited to 6 hours) within 1 working day, including the company number and date of establishment.
four
Bank account activation
The registration package (including articles of association, list of directors, etc.) can be applied for offshore accounts by local or international banks in Seychelles without the need for initial capital verification.
Information required to register a Seychelles company
- Shareholder/Director identification: provide HD color scan of passport (valid for more than 6 months) and English address proof (such as utility bill/bank statement) for nearly 3 months, which does not need to be notarized but must be clearly readable.
- Articles of Association: The Seychelles standard template or customized version shall be adopted, and the registered capital (default $50,000), share structure and business scope shall be clearly defined. English/Chinese/English bilingual version is supported.
- Company Registration Application Form: Complete the electronic application form required by the FSA, including the company name, director/shareholder information, registered address (which can be provided by the agent) and the statement of the actual controller.
- Declaration of Compliance Document: Sign the Anti-Money Laundering (AML) Declaration and the Economic Substance Act (ESR) Preliminary Declaration form, indicating whether the source of funds and the main business qualify for tax exemption.
Information is available upon registration

Certificate of registration

Articles of association

Announcement of establishment

Company shareholder certificate

Company signature seal

Commercial Secretary authorization document

Nominal address authorization file


Tax filing service
Details may vary depending on the type of company, its size and location
Zero tax declaration
Seychelles companies have no income tax/VAT, but are required to file an annual Economic Substantive Declaration (ESR) to confirm that the main business is exempt.
Annual licence fee renewal
The government renewal fee (about $100-350) is paid in January each year. Late payment will incur a 10% late fee, which must be paid through a registered agent.
Financial record filing
Although no audit is required, complete financial records (e.g. accounts, contracts) must be maintained for at least 7 years in case of random inspections by the Seychelles FSA.
FATCA/CRS Tax filing
Financial institutions need to take the initiative to declare the US FATCA and global CRS information, and the account balance of the personal holding company exceeds 250,000 US dollars.