Company Administration Guidelines

Share Capital:

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

  • 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:

 

The Investigation of a Cyprus Company's Affairs: Application of the Law & Effectiveness

At the request of a Cyprus company’s Shareholder, where it is proven that a more comprehensive investigation is required regarding a company’s activities, the court can issue a declaration of investigation by an inspector appointed by the Cyprus Council of Ministers. The discretion of the court must be applied carefully; as such an order can heavily impact a company and depending on the outcome of the investigation, can be a severe measure that deviates from fundamental principles of Cyprus company law.

UK: The Current Problems with Money Laundering & the Violation of Anti-Money Laundering Regimes

UK: The Current Problems with Money Laundering & the Violation of Anti-Money Laundering Regimes

The fact that money can be transferred from one jurisdiction to another means, that money laundering as a concept involves the entire modern world. Money laundering is a process during which the origin and purpose of payments are hidden and typically has three stages.

Director’s Duties & Liability Insurance in Cyprus

Director’s Duties & Liability Insurance in Cyprus

This article will examine the role of a Director and his duties and liability insurance and D&O insurance liability accordingly with reference to the relevant case law.

 

Q&A: Singapore Small Company Concept for Audit Exemption

The following article will answer some commonly asked questions regarding Singapore small company auditing requirements and exemptions from ACRA.

Exemption from Audit: Singapore Small Company Criteria

Exemption from Audit: Singapore Small Company Criteria

Singapore Audit Requirements: running a company in most countries require auditing as a process to prove that everything is operating legitimately. Listed companies have a legal responsibility to go through audit in Singapore similarly.

EU: Cyprus Competitive Advantage at Risk with Tax Consolidation Reforms

EU: Cyprus Competitive Advantage at Risk with Tax Consolidation Reforms

Cyprus is likely to have repercussions as a result of Jean-Claude Juncker ’s favouring of a relaxation in EU regulation formation and monitoring schemes, reinforced by qualified majorities on matters including the additional synchronisation of blanket taxation rates across Europe.

Singapore Service Providers: How to Comply with the ACRA Reporting Requirements

Singapore Service Providers: How to Comply with the ACRA Reporting Requirements

As a result of the ACRA Amendment Act in 2014, Registered Filing Agents and Corporate Service Providers now have to conduct independent Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) reviews as part of their annual audit reviews.

Beginners Guide to Service Level Agreements: Important Information & Q&A

Beginners Guide to Service Level Agreements: Important Information & Q&A

SLAs are a critical component of any outsourcing and technology vendor contract. Beyond listing expectations of service type and quality, an SLA provides remedies when requirements aren't met.