Company Limited by Shares (domestic company, Companies Ordinance 1972, Cap. 40)Seychelles
What it takes to form, own and run a private limited company in Seychelles, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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Any two or more persons associated for any lawful purpose may, by subscribing their names to a
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Any two or more persons associated for any lawful purpose may, by subscribing their names to a memorandum of association
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The memorandum of every company shall be in the English language and must state -
The registry’s and the law’s own pages do not mention it.
Form it
Who registers it
- Registry
- Registrar of Companies, Seychelles (Companies Ordinance 1972, Cap. 40)
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 2 · none need live there · individuals only
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Every company shall have at least two directors.
- Shareholders
- At least 2
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Any two or more persons associated for any lawful purpose may, by subscribing their names to a memorandum of association
- Members
- At least 2
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Any two or more persons associated for any lawful purpose may, by subscribing their names to a
- A local company secretary
- Required
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the secretary shall ordinarily be resident in Seychelles.
- A local registered agent
- Not required
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A company shall, as from the day on which it begins to carry on business or as from the fourteenth day after the date of its incorporation, whichever is the earlier, have a registered office situate in Seychelles
Each year, at the registry
- Annual registry fee
- SCR 500
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shall pay an annual fee of SCR 500 to the Registrar on or before the date of each anniversary of its incorporation.
- Accounts on the public record
- Yes
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there shall be delivered to the Registrar with the annual return of a company:- (a) a written copy, certified both by a director and by the secretary of the company to be a true copy, of all balance sheets, profit and loss accounts
- Audit for a small company
- Required
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Every company shall at each annual general meeting appoint an auditor or auditors to hold office from the conclusion of that, until the conclusion of the next annual general meeting.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Hold the first annual general meeting
- 18 months after incorporation
With Members
- Hold an annual general meeting
- Not in our records
With Members
Not stated on tradeportal.sc/wp-content/uploads/2023/12/Companies-Ordinance-1972.pdf when checked
- Complete the annual return and forward it to the Registrar, signed by all directors and th
- Not in our records
With Registrar of Companies
Not stated on tradeportal.sc/wp-content/uploads/2023/12/Companies-Ordinance-1972.pdf when checked
- Pay the annual fee of SCR 500
- Each year, on the anniversary of incorporation
With Registrar of Companies
What is public
- Directors
- Public
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Any person may inspect any of the records, documents and copies of documents kept by the Registrar on payment of the prescribed fee
- Shareholders
- Public
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Any person may inspect any of the records, documents and copies of documents kept by the Registrar on payment of the prescribed fee
- Beneficial owners
- To the authorities only
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Any person may inspect any of the records, documents and copies of documents kept by the Registrar on payment of the prescribed fee
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 15–25%
Companies: 15% on the first SCR 1 million, 25% above SCR 1 million (from January 2022).
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Company 15% on the first SCR 1 million.
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in Seychelles
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Striking off the register by the Registrar (including on a director's, shareholder's or secretary's request), or winding up.
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A director, shareholder, secretary or member of a company may request the Registrar to strike the name of the company off the register
- Statutory fee
- Not in our records
Every business in Seychelles
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Seychelles.
Payment and banking services
1 service names Seychelles on its own list: Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Company Limited by Shares (domestic company, Companies Ordinance 1972, Cap. 40)
- ISO 20275 code
- 6MS4Secondary GLEIF, Entity Legal Forms code list