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RELEVANT ELEMENTS OF THE
COUNTRYS
» Excellent corporations law
» Flexible corporations law.
» There are no taxes on international or banking
transactions
» There are no foreign currency control regulations
» Political and economic stability
» Services
of the main international airlines
» Excellent
hotels accommodations
» Excellent
international communication systems
» Qualified
personnel
» No taxes
on capital earnings, income, or any other type of taxes
COMMERCIAL TRANSACTIONS
IBC’s can engage in any licit business in any country, and carry out transactions in any currency they choose
DIRECTORS/DIGNITARIES (SECRETARIES), AND SHAREHOLDERS
» Shareholders,
directors, and/or dignitaries can be natural or juridical
persons
» The appointment of
the initial directors and/or dignitaries or the subsequent
changes in same is not required to be registered
» Directors can
grant general or special powers of attorney
» Companies are
allowed to have a sole director
» Directors or
dignitaries need not be shareholders
» Shareholders,
directors, and dignitaries can be of any nationality and
residents of any country
» Shareholders and/or directors meetings can be held in any country and they
can participate in them via a power of attorney or via any other
electronic mean such as telephone, fax, etc.
REGISTRIES
The books,
accounting records, and certificate of the company can be kept in
any place or country that the directors choose
USE OF INTERNATIONAL BUSINESS CORPORATIONS OF SAMOA
» Titleholder of
bank accounts, fix-term deposits, investment
projects, and any other financial or commercial title
» Proprietor of
shares of other corporations or legal entities
» Proprietor of
apartments, houses, buildings, ships, or any other assets,
chattel or real estate
» Administrator or
promoter of international commercial transactions
» International
leasing of vehicles, machinery, ships, and other
» Ideal instrument
to give or receive money in loan, pay or receive
commissions, royalties, and other revenues
» Marketing and
promotion of products and services
» Other commercial
and financial activities
COSTS AND HONORARIES
Reasonable
incorporation and maintenance costs (inscription rights and annual
license of US$100.00, independently of the amount of the authorized
capital)
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» OFFICIAL LANGUAGE
Selsewa, but
English is the official language for international business
» GOVERMENT
Constitutional
democracy. Member of the Commonwealth of Nations
» STANDARD OF LIVING
High
» BANKING
International
banking systems available
» CURRENCY
Seychelles Rupi,
which has an exchange rate of approximately SR5.00 per Dollar of the
United States of America
» INDUSTRY
Tourism, financial
services and small industries
TAXES
Tax exemption on
any commercial activity or transaction carried out outside of the
Seychelles
AUTHORIZED CAPITAL / SHARES
» Nominative or
bearer shares are issued, as the shareholder wishes
» No paid-in-capital
is required
» Absence of minimum
or maximum capital requirements
ANNUAL DECLARATIONS
It is not
obligatory to present annual performance declarations or reports nor
financial statements; it is not obligatory to hold annual
shareholders or directors meeting
INCORPORATION AND
ADMINISTRATION
» Ample availability
of company names for incorporations
» Familiarity with
incorporation documents (Corporate Charter and By-Laws, Certificate of
Incorporation) due to the fact that Seychelles is member of the
Commonwealth of Nations
» The words
“Limited”, “Corporation”, “Incorporated”, “Société Anonyme”, or “Sociedad
Anónima”, or the abbreviations “Ltd.”, “Inc.” or “S.A.”, can be used
as part of the name of the corporation
» Incorporation
documents can be drafted in any other language, together with their English or
French translation
» Expeditious
incorporation process and simple administration
» Incorporation
process takes from 2 to 3 days
» Incorporation
certificate issued in only 24 hours
» The Public
Registry of the Seychelles has a modern and sophisticated system that increases the
speed and efficiency in the processing of documents
» There are
companies available in reserve
REGISTERED OFFICE, CORPORATE
SEAL, AND LEGALIZATION
» It is required
that the Registered Office be located in the Seychelles
» Corporate seal is
optional
» The Apostille is
the method usually employed for the legalization of documents.
Consular legalization are also available for some countries
REDOMICILIATION
Corporations of
other jurisdictions can be expeditiously redomiciled to the
Seychelles
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