Seychelles
Seychelles was controlled by France , therefore this country has deeply affection by France. Even the islands were named after Jean Moreau de Séchelles, Louis XV's Minister of Finance.
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Seychelles is an independent country, whose combine with 115 islands lies in east of mainland Southeast Africa. As Seychelles has perfectly taxation and politics , it becomes new target of setting up offshore company.
Advantages & Functions
1. Simplified Incorporation and Easily Management.
2. Unnecessary to submit Balance Sheet and Annul Report, No Shareholder/Director Meeting Requirement.
3. Duty Free if the company’s business transactions are outside Seychelles.
4.Inter national Company can have legal business transactions with any countries and any currencies.
5.Director or staff could be Individual or entity.
6. The name of International Company could end up as “Limited”,“Corporation”,“Incorporated”,“Societe Anonyme” or “Sociedad Anonima”, it could also short as “Ltd.”,“Inc.”, “S.A.”
7. Chinese Embassy in Seychelles has Notarisation Services.
Seychelles Companies mostly act as “holding company”. For instance, As a holding company invests Mainland China. As its standard capital is USD 1,000,000 , and Seychelles has signed Bilateral Tax Agreement, which means the company can direct investment or transfer investment.
Besides, As the company duty free and no book keeping requirement, it could used for international trading .
Specification Of Seychelles Incorporation
1.Company’s English Name (Chinese if any)
2.English Contact Address
3.Minimum 1 Director/Shareholder Passport Copy
4.Registered Capital is USD 1,000,000 (No need to pay Government Fee if increasing capital)