• Value for money – low annual Government licence fee, irrespective of the amount of the authorised share capital of the company 
• Fast incorporations and name approvals – same day incorporation 
• Privacy and asset protection – only required to file the register of directors with the Seychelles Registry (not accessible publicly). As for the register of members and beneficial owners, they are only required to be kept at the registered office in Seychelles which is not accessible publicly.
• Ease of administration – no requirement to file financial accounts in Seychelles unless the IBC conducts business in Seychelles
• Acceptability to international banks – Seychelles is not on the OECD or FATF blacklists 
• Seychelles is a stable and independent country – not being a dependent overseas territory of a European state, Seychelles is not subject to ever-growing EU Directives. 
• Chinese company names and Chinese Articles and Memoranda of Association can be registered with the Registrar
• All civil proceedings with respect to IBCs may be heard by a judge in Chambers
• Seychelles has a territorial tax system such that a Seychelles tax resident is liable for Seychelles tax on Seychelles sourced income but not on foreign sourced income
• Able to obtain a TIC if the IBC is able to fulfill record keeping requirements

Type of Company
International Business Company (“IBC”)

Time to Incorporate
1-2 working days

Disclosure of Director / Shareholder Information / Beneficial Owner
Disclosure of Director / Shareholder Information / Beneficial Owner Information of director(s), shareholder(s) and beneficial owner(s) is not accessible publicly, however a copy of the Register of Directors must be filed with the Registrar of Companies.

Taxation
A Seychelles IBC is now tax resident in Seychelles and no longer tax exempt. If an IBC carries on business in Seychelles it must pay Seychelles business tax. If an IBC only source foreign income, it is not liable for Seychelles tax on any of its income or profit. Seychelles has a territorial tax system such that a Seychelles tax resident is liable for Seychelles tax on Seychelles sourced income but not on foreign sourced income.

Minimum Director
At least 1 director who can be natural person or corporate body

Minimum Shareholder
At least 1 shareholder who can be natural person or corporate body

Audit Requirement
No audit requirement for accounts 

Filing of Accounts
Required to prepare accounts / Accounts are not accessible publicly

Filing of Annual Return
Mandatory with Registered Agent