We do not accept clients who are resident or domiciled in countries found on the FATF Call For Action List or who are in the FATF Jurisdictions Under Increased Monitoring list. We also do not accept IBCs that will somehow be linked to those countries e.g. will own assets in those countries or do business …
Do you accept to serve anyone from any part of the world? Read More »
Yes you can, provided that the laws of the existing country allow you to transfer the company to Seychelles. The process is called continuation or re-domiciliation. We will carry out due diligence checks on the existing company and its directors, shareholders, other officers and beneficial owners. You will also have to provide proof that the …
We have a company in another country (not Seychelles). Can we transfer it to you? Read More »
You can. The IBC Act specifies a procedure for change of agent. We do not prevent clients from leaving but will ask that unpaid fees are settled first and that we are refunded for costs we will incur from the transfer process. We do not charge additional exit fees. We will attempt to complete our …
Can we transfer an IBC from you to another agent? Read More »
You can. A few agents may resist and make the process more complicated, but most agents are cooperative and will allow for a quick and painless transfer.
You can. We will need a resolution signed by the directors. To get started, send us the new name to approve and we will prepare all the required documents.
It depends on how quickly we can receive due diligence documentation on the new directors for verification. The updated register will have to be filed with the Registry and the whole process can take between 1 to a few days. In some circumstances, we may have to consult the beneficial owners particularly when there are …
How quickly can we change the directors of an IBC? Read More »
You could simply stop paying the annual fees. Then we will not pay the annual licence fee to government and eventually, usually within some months, the IBC will be struck off the register. One year after strike, off it will be deemed to have been dissolved. We refer to this as “letting the IBC lapse …
We don’t need our IBC anymore? What are our options? Read More »
If the IBC is struck off because it did not pay its annual fees there is a clear process to restore it. You have to pay all the outstanding annual fees so that we may pay the government annual licence fees. There will also be an additional restoration fee charged by the Registry. You will …
If an IBC is struck off, can we easily restore it? Read More »
If our annual renewal fees are not paid we will not be able to pay the annual government fees. If the annual government fees are not paid the IBC will not remain in good standing and will eventually be struck off the register. One year after strike off it will be deemed to have been …
What will happen if annual renewal fees are not paid? Read More »
For a Seychelles IBC the annual fees are due on the anniversary of its incorporation. If an IBC was incorporated on the 4th January 2023 the annual fees would be due each year on the 4th of January. We would need to pay the annual government fees by the 4th of January each year to …
When are your annual fees due? Will you send us a reminder? Read More »
