Victoria, the capital of Seychelles

Company registration · Seychelles

Company registration in the Seychelles territorial tax and a fast start

Support
from $1 100
Registration time
2-5 days
Packages

One of the most affordable international jurisdictions: incorporation within days and a territorial basis of taxation.

The real difficulty is the bank account.

Registration

from $1 100

Turnkey work by BRIDGES. Government fees and duties appear as a separate line in the estimate at actual rates.

See packages

2-5 days

Incorporation with the registry

Territorial tax

Only locally sourced income is taxed

English law

The basis of the company legislation

Who it suitsSeychelles

Who the Seychelles suit

Working on the company structureWorking on the company structure
  1. 01Holding shares in other companies
  2. 02Owning intellectual property and licences
  3. 03Ship ownership and maritime activity
  4. 04Joint projects with foreign partners
  5. 05Structures where the account sits with a payment institution

Does not suit

  • Working with European corporate clients: reputation gets in the way
  • You need a VAT number or EU market access
  • You are counting on anonymity: the agent holds beneficial ownership data
  • You expect an easy bank account

Company forms4

Which company to open

The main form is the international business company, alongside special and foundation structures.

  1. 01International Business Company · IBC — the main form

    Asset ownership, trade outside the islands, licensing.

    Fast incorporation and low upkeep cost.

    The jurisdiction’s reputation complicates the banking question.

  2. 02Special Licence Company · CSL — company with a special licence

    Structures that need tax resident status.

    The ability to apply treaties.

    More expensive; requires a licence and reporting.

  3. 03Foundation · foundation

    Family ownership and succession planning.

    Separation of assets from personal property.

    Tax consequences are checked for the beneficiary.

  4. 04Limited Partnership · partnership

    Joint investment projects.

    Transparent for tax at partner level.

    Requires a general partner.

Packagesfrom $1 100

Three ways to launch

The scope is built from real scenarios. The main question is settlements.

01 · 3-7 days

Company

from $1 100

Owning assets and shares

  • Name check and preparation of the constitution
  • Incorporation through a licensed agent
  • Registered agent and address for the first year
  • Full set of corporate documents
  • Arrangements for keeping accounting records

02 · 4-10 weeks

Company and settlements

from $2 900

A working structure with real payments

  • Everything in the Company package
  • Selection of a bank or payment institution for the profile
  • Certificates and apostille for the submission
  • Preparation of the business description and contracts
  • Support with correspondence through to the result

03 · from 6 weeks

Resident structure

by project

Tax resident status is required

  • Everything in the Company and settlements package
  • Incorporation of a company with a special licence
  • Director and office on the islands
  • Bookkeeping and filing of reports
  • Obtaining a tax residency certificate

Registry fees and agent fees appear as separate lines in the quote. Costs here are low — the real effort goes into settlements.

TaxesSeychelles

Taxes in the Seychelles

A territorial basis applies: income from sources on the islands is taxed.

Taxes in the Seychelles

Seychelles

2-5 days
Incorporation with the registry
from $1 100
BRIDGES fee
Territorial tax
Only locally sourced income is taxed
English law
The basis of the company legislation
Income from foreign sources
Not taxed on the islands.
Income from local sources
Taxed under the general rules.
Accounting records
Mandatory to keep and store with the registered agent.
Economic substance
Requirements apply to certain activities.
Information exchange
The jurisdiction participates in international exchange of information.
Tax at home
Controlled foreign company rules apply in full.

Annual upkeep

  • Annual registry fee
  • Registered agent and address
  • Accounting records
  • Economic substance report
  • Updating beneficiary details
  • Bank compliance
  • Renewal of certificates
  • Changes to the company

Registry fees and agent fees appear as separate lines in the quote. Costs here are low — the real effort goes into settlements.

Bank

The bank account after incorporation

This is the jurisdiction’s main difficulty, and we discuss it before incorporation.

  1. 01
    What the bank looks at

    The jurisdiction of the company, the activity, the counterparties, turnover and the origin of capital.

  2. 02
    Which documents are needed

    The corporate set with apostille, contracts and beneficiary profiles.

  3. 03
    Where the account is opened

    More often with payment institutions and banks in Asia and the Middle East, rarely with classic banks.

  4. 04
    What we do

    We assess the odds early, choose the institution and run the submission.

A classic European bank will, as a rule, not take on a Seychelles company. If settlements are critical, another jurisdiction is worth considering — we will say so plainly.

Stages3-7 days

How the work runs

Timelines are split by who is responsible.

  1. 01Consultation and structure

    Activity, counterparties, the account, taxes.

    One meeting
  2. 02Quote and contract

    We fix the scope of work and the amount.

    1 day
  3. 03Agent compliance

    Verification of beneficiaries and collection of the set.

    2-7 days
  4. 04Incorporation

    Filing with the registry and issue of the documents.

    2-5 days
  5. 05Preparation for settlements

    Apostille, business description, choice of institution.

    1-2 weeks
  6. 06Account and launch

    Submission and account opening.

    The institution sets the timing

Result: The outcome is a working international company with settlements arranged and accounting records properly kept.

ComparisonSeychelles

Seychelles or Belize

SeychellesBelize
Taxationterritorial basisterritorial basis
Incorporation time2-5 days2-5 days
Costlowlow
Record keepingwith the agent on the islandswith the agent
Ship registrydevelopedlimited
Opening an accountdifficultdifficult
Who it suits betterasset ownership and maritime activitysimple ownership of shares

The difference between them is small. What matters far more is where you can open an account and how counterparties view the jurisdiction.

Questions

Registration questions

Does a Seychelles company pay tax?

A territorial basis applies: income from foreign sources is not taxed on the islands, while locally sourced income is.

How long does incorporation take?

Two to five days with the registry after agent compliance.

Do I have to keep accounts?

Yes. Accounting records are mandatory and are stored with the registered agent on the islands.

How hard is it to open a bank account?

Very. Classic European banks generally refuse; we work through payment institutions and banks in other regions.

Is the owner visible?

There is no public register, but beneficial ownership data is held by the agent and passed to the competent authorities on request.

Are there economic substance requirements?

Yes, they apply to certain activities.

Can I work with European clients?

Technically yes, but some counterparties will refuse to deal with a Seychelles company under their internal rules.

What is a special licence company?

A resident form with a reduced rate and access to tax treaties; it is more expensive and requires reporting.

Do I have to declare the company at home?

Yes. Controlled foreign company rules apply in full.

Can I register a ship?

Yes, the Seychelles operate a developed maritime registry.

What does upkeep cost?

Registry fees, the agent and record keeping. This is one of the cheapest jurisdictions to maintain.

Is it worth choosing the Seychelles at all?

If the task is asset ownership with settlements through payment institutions, yes. If you need European banks and clients, no.

The company office and documents

A company for your task

Tell us what the company will do: we will check whether the country fits and show the launch and upkeep budget before the contract.

Company registration

Want a company in the Seychelles?

Write to us, we will set it up. We will choose the form, calculate the launch and the annual upkeep, register the company and help open the account.

Or message us on WhatsApp or Telegram

Anna Kovalevskaya, lead lawyer at BRIDGES GLOBAL
Anna KovalevskayaLead lawyer, citizenship and residency, 12 years of practice