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British Virgin Islands or Seychelles: where to set up your company?
Two deliverable jurisdictions, side by side on the facts our profiles carry — company form, tax, capital, timeline, banking, substance and our price. Who each one fits, what really decides between them, and the traps of each.
| British Virgin Islands | Seychelles | |
|---|---|---|
| Usual company form | BC | IBC |
| Corporate taxation | 0 % · economic substance rules apply | 0 % on foreign-source income |
| Share capital | $50,000 | $100,000 |
| Incorporation time | 2–3 days | 1–2 days |
| Banking access | Difficult | Difficult |
| Substance requirement | Real presence required | Necessary, but not sufficient on its own |
| Our services | from 3,090 € | from 2,990 € |
British Virgin Islands — who it's for
- The world's most used place of incorporation for asset holding.
- Statutory flexibility and relative register confidentiality.
Seychelles — who it's for
- Among the lowest incorporation and maintenance costs in the catalogue.
- Removed from the EU state-of-play document after coming into line.
What really decides between them
- Corporate tax — British Virgin Islands : 0 % · economic substance rules apply · Seychelles : 0 % on foreign-source income
- Minimum capital — British Virgin Islands : $50,000 · Seychelles : $100,000
- Registration time — British Virgin Islands : 2–3 days · Seychelles : 1–2 days
- Banking access — British Virgin Islands : Difficult · Seychelles : Difficult
- Substance — British Virgin Islands : Real presence required · Seychelles : Necessary, but not sufficient on its own
- Our price — British Virgin Islands : from 3,090 € · Seychelles : from 2,990 €
Figures from each profile; to be checked there. The right choice depends on where you will really operate and bank.
Traps — British Virgin Islands
- Economic substance rules apply to several activities, with an annual declaration.
- Very few banks still accept a BVI company without a strong operational link.
Traps — Seychelles
- Many European banks refuse as a matter of internal policy.
- Enhanced accounting obligations since the recent reforms.
British Virgin Islands or Seychelles: frequently asked questions
British Virgin Islands or Seychelles: which is cheaper to set up?
British Virgin Islands: from 3,090 €; Seychelles: from 2,990 €. Starting prices, official fees included, excluding tax.
British Virgin Islands or Seychelles: how does corporate tax compare?
British Virgin Islands: 0 % · economic substance rules apply; Seychelles: 0 % on foreign-source income. To be checked on each profile.
British Virgin Islands or Seychelles: which is faster to register?
British Virgin Islands: 2–3 days; Seychelles: 1–2 days. Usual times.