Yes, corporate shareholders are allowed. Any company, Foundation or Limited Liability Partnership from any acceptable country can be a shareholder of a Seychelles IBC. Another Seychelles IBC or a Seychelles foundation can also be a shareholder of a Seychelles IBC.
Yes, it can. However an IBC cannot trade or operate without having at least one director. Any person trading in the name of an IBC while it has no directors may be liable personally for the transactions he or she executes. Or he or she may be deemed to be a director of the IBC. …
You can save on time. The directors manage the company. Instead of directing the company yourself you can find someone suitable so that you can have more time to do other important things. A professional director can monitor more closely. You might not be able to run your business from afar and a professional director …
What are the benefits of having a professional director? Read More »
We call them a “professional director”. Professional directors are persons who are willing to be appointed and who are introduced to you by an intermediary or the Registered Agent. In a court of law, a judge will not recognize the term “nominee director” because in law the person whose name appears on the Register of …
Any individual person over 18 years old may be appointed. The person must not have been declared bankrupt, must not have been convicted of a crime or must not have been disqualified to act as a director in some other way. It is generally recommended that someone with a good clean record is appointed because …
Yes, corporate directors are allowed. A corporate entity from most other countries can be used without restriction but the corporate entity must still be on the register of companies wherever it is registered, and it should be kept in good standing. Its objects must also allow it to act.
Yes it can. And the director and shareholder can be the same person or corporate entity. You can be the sole director and the sole shareholder of your IBC.
Yes you can. The International Business Companies Act specifically recognizes the appointment of attorneys. A power of attorney is a legal document which gives the appointed person the right to represent the company and to act on its behalf. The document lists the terms of the appointment and may allow the attorney to act for …
No. The International Business Companies Act 2016 (as amended) does not require the appointment of a company secretary. It is totally optional. It is common for overseas intermediaries to offer the service and in practice intermediaries often act as company secretaries and keep documents including accounting documents. It can be convenient for the end user …
Yes Seychelles law recognises digital signatures, and specifically recognises the service provided by Docusign.
