Review purpose and provider needs
Send the activity, owner residence, intended counterparties and banking requirements. For a holding arrangement, explain the assets and expected sources of income.
IBC formation in Seychelles
Review the activity, ownership, accounting records and banking needs before committing to formation.
Discuss my Seychelles IBC
The first discussion checks the intended role and the providers you need to work with, including the evidence they may require.
The company needs evidence of its activity
We form a Seychelles IBC for EUR 1,500, with annual support from EUR 850. Seychelles requires IBCs to keep accounting records, so the yearly work covers more than the renewal. A clear account of what the company owns or sells is also what the registered agent and the bank will ask for first.
We assist with Seychelles IBC formation and ongoing company requirements. Before registration, assess the company’s role in your business and whether the institutions you need will accept the structure.
Last checked: 6 November 2026, Aleksandar
Fit, documents and risks
Our price list
- Seychelles IBC
- Formation: EUR 1,500
Annual cost: from EUR 850
Prices are stated in the currency of our price list. The formation price includes the first year of maintenance, so the annual fee applies from the second year.
Who it suits
- Owners with a specific international business or asset-ownership purpose.
- Businesses able to maintain accounting and ownership records consistently.
- Cases where intended banks and counterparties accept the entity and its activity.
Documents to prepare
- Passport and proof of address for each director, shareholder and beneficial owner.
- A description of the activity or the assets the IBC will hold.
- Source-of-funds evidence.
- For a corporate shareholder: registry documents and an ownership chart.
Common misconceptions
- An IBC only needs its renewal fee paid. The FSA has issued guidance on accounting-record obligations, and records must be available when required.
- A Seychelles company is anonymous. Owners and controllers must give accurate identification to the registered agent, banks and authorities.
- All foreign income is untaxed. Seychelles taxes on a territorial basis, but changes from 16 September 2021 added an economic-substance test for certain passive income. The facts decide.
Risks to plan for
- Records reconstructed at renewal instead of kept through the year.
- A bank or payment provider that does not accept the jurisdiction or the activity.
- Activities that need a licence, which incorporation does not grant.
Formation and company records
Record keeping and annual renewals
Formation is EUR 1,500 and annual support starts from EUR 850, in euros as listed in our price list. The written offer states the final annual amount and what it covers. Document certification, accounting-record support, any financial summary and banking support are identified separately, together with what the owner must provide each year.
Discuss my Seychelles IBCOff-Shore.net, a service of Euro Commerce LLC, coordinates company formation, banking preparation and annual administration from contact offices in the United States and Serbia.Meet the people coordinating your case
Check bank acceptance before registration
Older offshore marketing can leave the impression that paying a renewal fee is the whole maintenance task. Seychelles has accounting-record obligations for IBCs. The owners must also be able to explain the company to the registered agent, bank and relevant advisers. Planning that work before formation makes the structure easier to evaluate honestly.
Explain the place of the IBC in the structure
Identify the assets, contracts or transactions the company will handle and why a Seychelles entity is being considered. If other companies sit above or below it, prepare an ownership chart. This allows the legal and tax review to address the arrangement as a whole.
Plan how records reach the registered office
The Seychelles FSA publishes specific guidance on keeping accounting records and making them available. Confirm the current record-lodging and financial-summary requirements for your company with the local professional. Set up a reliable way to supply invoices, contracts and bank records rather than reconstructing them at renewal.
Check practical acceptance before filing
A company can be validly incorporated and still fall outside a particular bank’s or payment provider’s criteria. Ask about the owners’ residence, business activity and transaction countries early. Registration also does not authorise a financial or other activity that requires a separate licence.
Owners stay identifiable to the bank
A Seychelles company still needs identifiable owners and current records. Frequent travel makes a consistent residence and address file more important for banking; it is not a route around CRS disclosure or obligations in the owner’s country.
The business behind the account
Your company- Owners
- Residence and who makes decisions
- Customers
- Where payments come from
- Suppliers
- Where the company sends money
- Activity
- What customers actually buy
Together, these facts explain why the company needs this account.
Records, ownership and banking
What does a Seychelles IBC cost with you?
Formation is EUR 1,500 and annual support starts from EUR 850, both in euros as listed in our price list. The final annual amount depends on the record-keeping and services the company needs.
Does a Seychelles IBC need accounting records?
Yes. The FSA has issued guidance on accounting-record obligations. The precise requirements for lodging records and preparing a financial summary should be confirmed for the company’s activity and circumstances.
Does the IBC file a tax return in Seychelles?
Where a business tax return is required, the Seychelles Revenue Commission expects it by 31 March each year, even when there is no tax liability or there is a loss. Whether your IBC is in scope depends on its income, which is reviewed for your case.
Can I treat the company as anonymous?
No. Owners and controllers must be prepared to provide accurate identification and supporting information to relevant service providers and authorities. The public availability of records is a different question from due-diligence obligations.
Does incorporation guarantee a business bank account?
No. Each institution decides whether it accepts the structure, owners and activity. Banking support is a separate service priced from EUR 300 to EUR 3,000, excluding bank deposits and the institution’s own fees. The bank decides on the account; our fee covers the agreed work.
When might another jurisdiction be more practical?
If your required payment service, customers or operational arrangements cannot support a Seychelles company, another route may fit better. Compare those constraints and the full maintenance cost before choosing.
How is the company taxed in my home country?
It depends on your tax residence, where you and any staff do the work, and the rules of your country, including any rules on foreign companies. Owning a company in a low-tax jurisdiction can bring the profit into tax where you live. Ask a tax adviser in your country of residence before the company starts invoicing.
Compare your next options.
Belize
Confirm the entity, licensed registered-agent route and ongoing requirements before relying on an old offshore-company package.
Marshall Islands
Review the corporate purpose, ownership records, economic-substance reporting and banking before formation.
Banking preparation
Review the activity, ownership and payment flows an institution will need to understand.
Sources and further reading
Check the original requirements for your case. Rules, fees and provider policies can change.
Discuss your Seychelles company
A Seychelles IBC should have a defined purpose and providers willing to support its activity. Formation alone cannot settle either question. Describe the assets or transactions involved so we can discuss suitability before the registration and ongoing support are scoped.
Discuss my Seychelles IBC