LYCOS RETRIEVER 
Seychelles: Seychelles Ibc
built 267 days ago
In Seychelles there is no minimum or maximum capital requirements. Normally IBCs are incorporated with an authorised share capital of US$100,000 divided into 100,000 shares of US$1.00 each. This being the maximum capital for the minimum licence fees. The authorised share capital may be expressed in any currency. IBC can issue registered or bearer shares (not recommended), preference shares, redeemable shares, shares with or without par value and shares with or without voting rights. The minimum issued capital is either one share of no par value or one share of par value.
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Seychelles IBC - an International Business Company - is the most popular and versatile type of offshore corporation available in Seychelles. As most other classic offshore companies, Seychelles IBC is a tax-free corporation designed for engagement into all forms of international business, with no reporting and minimum record-keeping requirements, and comprehensive confidentiality features.
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A Seychelles IBC needs only to have one Director, who may be either a physical person or a corporate body. It ... needs only one shareholder. Local residents may act as directors or shareholders of a Seychelles IBC, including in a nominee capacity. Meetings of directors or shareholders may be held anywhere in the world. Local bank accounts in Seychelles may be held and operated. The management structure of a Seychelles IBC may be designed in accordance with the widest variety of requirements.
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A Seychelles IBC is not required to have any minimum paid-up capital in order to start its business operations. Any amount of authorized capital can be stated in the IBC formation documents, as required by the owners. (Authorized capital is a notional amount of capital that the company is allowed to draw from its shareholders in consideration for the company shares.) The amount of the authorized capital can be freely determined at incorporation by the owners of the IBC and there are no mandatory timeframes as to when such capital must be paid up by the shareholders. All in all, the capital structure of a Seychelles IBC can be extremely flexible and can accommodate all variety of business circumstances and needs.
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A Seychelles IBC is, by definition of the law, not subject to any tax or duty on income or profits. It is ... exempt from stamp duties on transfer of property and any exchange controls.
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Seychelles Ibc