Company administration guidelines

Share Capital:

There are no minimum capital requirements. The following shares are permitted:

  • Bearer shares
  • Registered shares
  • Redeemable shares
  • Shares of no par value
  • Preference shares
  • Shares with or without voting rights

Shares can be denominated in any currency and can be held by residents of the Seychelles.

  • Only one shareholder required for incorporation, this can be an individual or corporate body.
  • The sole shareholder can act as the director
  • Nominee shareholders are permitted

Directors:

  • Only one director is required for incorporation, can be an individual or corporate body
  • No nationality or residency restrictions exist
  • The sole director can act as a sole shareholder
  • Nominee shareholders are permitted

Restrictions on Name & Activity:

  • It is prohibited to use a name that is identical or similar to an existing name.

Local Requirements:

  • There is no requirement for a registered office to be kept in the Seychelles although registered agents must be used to incorporate the company. Appointing a company secretary is not a mandatory requirement

Confidentiality:

  • There is a high level of confidentiality with nominees permitted. The Registrar retains copies of the Memorandum and Articles of Association in addition to the Certificate of Good Standing and other certificates. These documents however are not placed on public record.

Take the next step, we are here to help.

Register a Seychelles company.
Open a Seychelles bank account.

  Resources:

Cyprus Variable Capital Companies: AIFs

Cyprus Variable Capital Companies: AIFs

There are two types of Variable Capital Companies in Cyprus; UCITS and AIFS. Read on to find out more about Alternative Investment Funds.

Cyprus Variable Capital Companies: Open-Type UCITS

Cyprus Variable Capital Companies: Open-Type UCITS

There are two types of VCCs in Cyprus; UCITS which we will discuss in the following article, and AIFS.

 

Protection of Nominee Directors from IRD claims for Cyprus client companies

Legislation re Cyprus Tax Residency:

 

Cyprus Company Law: Responsibility of Directors for the non-payment of taxes

A Company Director, in a company incorporated under the laws of the Republic of Cyprus, may be found liable by the Inland Revenue or Customs & Excise with regarding tax related issues. As per the legislation, the Inland Revenue or Customs & Excise may personally prosecute the Company Directors who are involved in any taxation offence(s) or related financial matters.

Inward re-domiciliation: changes to the Singapore Companies Act allowing foreign firms to re-domicile to Singapore

Inward re-domiciliation: changes to the Singapore Companies Act allowing foreign firms to re-domicile to Singapore

In order to ensure that the regulatory regime of Singapore continues to be robust, relevant and in line with international norms, on the 30th of March 2017, the Companies (Amendment) Act 2017 of Singapore was gazetted. Among the number of amendments to the Companies Act, the provisions for the inward re-domiliation regime are arguably the most important in further boosting Singapore’s character as a business hub.

Inward re-domiciliation: Key changes to the Singapore Companies Act make company relocation to Singapore easier than ever

Inward re-domiciliation: Key changes to the Singapore Companies Act make company relocation to Singapore easier than ever

Last March, the Singapore Government amended the Singapore Companies Act 2017 which introduced an inward re-domicile (or relocation) regime in an effort to boost Singapore’s attractiveness as a business hub.

Cryptocurrencies: technical and legal overview

Cryptocurrencies: technical and legal overview

In this article, we will try to succinctly describe the technical and legal characteristics of Cryptocurrencies. The understanding of Cryptocurrencies is crucial for today’s modern payment services and investment opportunities around the world. We have seen the increasing importance that this topic has acquired in the last few months and the rise of the price of the most popular type of Cryptocurrency, the Bitcoin, from $0.06 cents of a dollar in 2010 to $5,518.85 by the 25th of October, 2017.[1]

The Belize IBC Amendment Act 2017: 3 notable changes for businesses

The Belize IBC Amendment Act 2017: 3 notable changes for businesses

Belize has amended its International Business Companies Act. These changes were to maintain its financial services industry in the increasingly regulated international market & meet the OECD white list requirements.