Restrictions on Name and Activity
Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative,
Foundation, Government, Imperial, Insurance, Municipal and Trust, or any other words
which suggest the patronage of any Government. All company names must end with Limited,
Corporation, Incorporated, Societe Anonyme or a similar recognised alternative.
Local Requirements
As a matter of local company law the company MUST maintain a registered office address
within the Seychelles and must also appoint a Seychelles resident as a registered
agent. We would generally provide these services as part of the domiciliary service
fee.
Secrecy
There are no specific statutory provisions governing secrecy in relation to companies
but English Law, which applies within the jurisdiction, does impose a common law
duty on professionals to keep the affairs of their clients confidential.
The IBC Act, 1994, governs the operations of Seychelles offshore corporations. The
Seychelles incorporation process is straightforward.
Advantages of the Seychelles Offshore UAE
Company Formation:
• Competitive License fees fixed for life for Seychelles offshore companies
• For a Seychelles IBC, directors may be elected at the first corporation
board meeting
• There is no minimum capital stipulation for offshore Seychelles companies
for offshore Seychelles
• only one director and shareholder is required for a Seychelles company
• no need to file accounts with the Registrar for Seychelles offshore companies
• confidentiality is guaranteed by law for offshore Seychelles companies
• all civil proceeding in respect of IBC's may be heard by a judge in chambers
• an IBC may own or manage a vessel or aircraft registered in
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