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Why Seychelles?

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  • Offshore Company Formation
    Admin
    The below is a list of consultancy firms, legal & accounting services who are able to help you control and manage your offshore company should your current agent not be able to help you. The use of the below listed offshore company service providers is used at own risk. CCLOGIC Ltd can't be held responsible for any lack of service provided.

    The below list of offshore incorporation services is a service provided free of charge to our current members of this forum in an effort to...
    Cyprus company formation and offshore companies for businesses and personal use! We offer a wide range of services from company formation to offshore banking in lots of different jurisdictions.
    09-10-2014, 11:47 AM
  • New Virtual Office Services Available - Update - 2014
    Admin
    We are please to inform you that our Virtual Office Service with phone / land line in the Seychelles is back again, together with the following additional services.

    Seychelles Virtual Office
    • Seychelles Virtual Office with phone / land-line
    • Mail forwarding and Seychelles postal address
    • Land-line lease for 12 months
    Total costs first year EUR 995

    UK Virtual Office
    • UK Virtual office with phone / lan-line
    • Mail forwarding and UK postal address
    • Land-line lease for
    ...
    04-09-2014, 09:56 AM
  • Thrilling Introduction to Cyprus Company Formation for New Business Communities
    Admin
    Business or investment is the best way to earn money on regular basis. In these days, most people try to commence small scale business just for sake of profit and not for loss. Usually they prefer to establish private as well as cooperative companies that can yield them maximum output at minimize cost. Thus, everyone seeks for a business that can deliver more benefits at smart or less cost. If you want commencing a business, then you should choose the most fertile or beneficial place or area....
    04-06-2014, 07:47 PM
  • Barclays in the Seychelles just rised the minimum balance,need new offshore bank!!
    ebaywins09
    Hello, I just got informed that Barclays in the Seychelles rised the minum balance for corporate bank accounts to USD 100,000 and personal accounts to USD 50,000 this is much more than what I have in my account on a annual basis Can anyone please suggest a new offshore bank which don't have these insane minum deposit amounts? Here is what I got from Barclays Bank in the Seychelles: Dear Esteemed Customer Barclays Bank (Seychelles) Ltd a member of the Barclays Group has been pioneering in providing world class service to all our customers including those in the offshore sector. We continously strive to find ways to bring world class banking faciliti...
    01-16-2012, 05:55 AM
  • New - Visa Platinum Debit Card for Bank of Piraeus in Cyprus
    Admin
    First of all we want to whish you a Happy New Year and all the best for 2012.

    We have some exciding news which we want to share with you. One of our partnered banks, Bank of Piraeus, has changed the cards they provide to foreign account holders. What does it mean for you is that as an existing client of the bank or a new customer can easily obtain a Platinum Debit Card, which can be used in any store, ATM and on the Internet where the Visa Logo appears.

    Below we have outlined the key information and already answered the most frequently important questions we got asked already.

    What is the credit limit?
    • If the limit is up...
    01-06-2012, 10:10 AM
  • New Duty Fee, Annual levy by The registrar of Companies in Cyprus, please read!
    Admin
    We are posting this, to inform you that on Friday 26 August, the Cyprus Parliament voted the first package of austerity measures in the form of tax amendments in order to improve Government finances and reduce the budget deficit. As a result of such measures, a fixed annual levy of EUR 350 has been introduced, which is imposed on every Cyprus company, and capped at EUR 20,000 for companies belonging in a group as defined in Companies Law. This levy will not apply to dormant companies, companies that do not own any assets, or companies that own p...
    11-10-2011, 08:41 AM
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  • Why Seychelles?

    Seychelles is booming as an International Offshore Financial Centre. It has recorded the highest percentages of growth in respect of new company registrations of any Offshore Centre for each of the past 4 years in succession….

    It’s actually quite simple:

    1. Seychelles is staunchly economically independent and is beholden to no one. It has relied on developing its commercial fishing sector, its offshore financial services sector and in particular its tourism sector to maintain its economic independence through some tough times in the late 1990s and early 2000s. It is a policy which is now reaping serious dividends with no less than 30 new 4/5 star Hotel projects either under construction or approved for commencement, and an upsurge of business activity generally.

    2. When Seychelles first kicked off as an IOFC back in 1994 it modeled its laws directly on those of the British Virgin Islands (“BVI”), the best known privacy haven and most successful Offshore Centre of the past 25 years (in fact we copied their International Business Companies Act word for word).

    3. BVI however and most of the world’s major Offshore Centres of the past 30 years (eg The Channel Islands, Bahamas, Anguilla, Turks & Caicos, The Netherlands Antillles, Monaco etc) are either British or European dependent territories and have close economic ties (and in most cases tax information sharing treaties) with the EU, and/or the UK and/or the USA. Panama whilst, on paper an independent republic, has close economic ties with USA (eg the same currency) and has in place an information sharing treaty with the US.

    4. As such with the push from the OECD to try and harmonize international tax rates BVI and most (if not all) of these centers have been forced to (or are under huge pressure to) dilute their IBC’s privacy features. Most are also faced with the massive handicap of being required, pursuant to the terms of their respective treaties, to hand over tax/company ownership information on demand to the big brother countries.

    5. Seychelles is a totally independent republic and has not signed any such tax information sharing treaties. Hence the influx of both new IBC formations and of companies from the Caribbean looking to migrate to a more secure privacy haven.

    Seychelles IBC Privacy Features and Benefits

    The Seychelles IBC has peerless privacy/security features including:

    No Public registers: There is no public register of Shareholders or Directors in Seychelles and Company Formation Agents are not required to disclose to the Registry details of the IBC’s underlying “beneficial” owner/s.

    Nominee Shareholders and Directors are permitted: A Nominee may act as the Shareholder and/or Director of a Seychelles IBC.

    Other Offshore Companies can act as Nominee: As a further safeguard to your privacy another Offshore Company can be engaged to act as Nominee Shareholder or Director of your Seychelles IBC thereby doubling your IBC’s privacy protection!

    Total Financial Privacy: There is no requirement to file Accounts or Annual Company Returns for Seychelles IBCs. This results in less cost per year in real terms and added privacy as the Company’s asset holdings and financial records remain secret.

    No Outside Interference: Seychelles is staunchly independent and has no economic ties with the US or the EU or the UK or Australia and, (unlike the BVI and many of our competitors) HAS NOT SIGNED (nor is it under any pressure to sign) any information sharing agreements with the US or the EU or the UK or the Australian Internal Revenue Services.

    Bearer Shares are permitted: In Seychelles we are permitted to issue shares certificates containing no names (eg which say that “the owner of this share is the bearer hereof”) and unlike Panama, in Seychelles there is no restriction on the movement or use of Bearer shares.

    If foreign government/tax officials were to come snooping for information here, they would hit a series of brick walls:

    1. The registry has no record of who owns the IBCs registered here.
    2. The Seychelles Company Formation agents are not required to, (nor allowed to), hand over ownership information to anyone.
    3. If a foreign government wanted to find out who owns a particular company they would need to firstly make an application to the Seychelles Supreme Court
    4. The Court would only hear the application if evidence were tendered to it upfront of serious criminal activity in connection with a particular company eg drug trafficking, money laundering, criminal tax evasion, terrorist activities.

    Learn more about the fees and incorporation in the Seychelles
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