The Seychelles: company formation
International Business Company · Africa and Indian Ocean
Updated on 3 November 2026 · Published under the responsibility of Jason Pivron, director · Who we are
IBC in the Seychelles — company, registered office, banking file and annual upkeep, run by us, with a local correspondent where we have one.
Who this jurisdiction suits
- Among the lowest incorporation and maintenance costs in the catalogue.
- Removed from the EU state-of-play document after coming into line.
What it does not solve
- Many European banks refuse as a matter of internal policy.
- Enhanced accounting obligations since the recent reforms.
Conditions to meet
Source (30 September 2026): src.gov.sc (to be checked)
What the source says: The Seychelles Revenue Commission describes the territorial regime but also, since 16 September 2021, a substance test for foreign-source passive income and the end of the IBC exemption; the page says "0% on foreign-source income" without that caveat.
Usual authorised capital, not a legal minimum
Usual time, from our files; to be checked.
Difficult. Many European banks refuse as a matter of internal policy.
Registered office and agent mandatory, included. The Seychelles were removed from the EU state-of-play document after coming into line, which has not yet changed banks' attitude.
Our assessment for the Seychelles; to be checked.
Not offered.
Our offer in the Seychelles, internal catalogue.
Registration in the Seychelles: Seychelles Financial Services Authority (FSA). Source: fsaseychelles.sc
Services and prices
Starting prices excluding tax, government fees included.
See the other 10 services in this jurisdiction
Firm price after the call: several shareholders, indirect ownership or a regulated activity change it.
Seychelles compared with South Africa and Mauritius
| Seychelles | South Africa | Mauritius | |
|---|---|---|---|
| Usual company form | IBC | (Pty) Ltd | GBC · AC |
| Corporate taxation | 0 % on foreign-source income | 27% on profits | Reduced rate subject to substance conditions · extensive treaty network |
| Share capital | $100,000 | No statutory minimum | Not established |
| Incorporation time | 1–2 days | 1–3 working days (BizPortal, standard memorandum) | 1 week |
| Banking access | Difficult | Demanding | Demanding |
| Substance requirement | Necessary, but not sufficient on its own | Necessary, but not sufficient on its own | Real presence required |
| Our services | from 2,990 € | from 1,090 € | from 20,490 € |
To be checked against each profile. The page for South Africa → · The page for Mauritius →
Compare this jurisdiction
Registered office and premises in the Seychelles
From 1,090 €. Registered office service →
How it runs
- Scoping and identity verification
- Name reservation
- Filing and incorporation
- Delivery of the corporate file
- Account opening
For the Seychelles, the register is kept by Seychelles Financial Services Authority (FSA) and the usual time is 1–2 days.
Steps as recorded on 21 September 2026.
Group: International place of incorporation · Our fees → · What we do for you →
Company formation in the Seychelles: frequently asked questions
How much does it cost to set up a company in the Seychelles?
Company formation in the Seychelles starts at 2,990 €, excluding tax. Firm quote before signature.
How long does it take to register a company in the Seychelles?
About 1–2 days once the file is complete (usual time from our files; to be checked).
Where is a company registered in the Seychelles?
With the Seychelles Financial Services Authority (FSA) (source: fsaseychelles.sc).
What is the corporate tax rate in the Seychelles?
0 % on foreign-source income (data as of 21 September 2026; source: src.gov.sc; to be checked). Not tax advice.
What share capital is usual in the Seychelles?
$100,000: usual authorised capital, not a legal minimum; to be checked.
Why set up a company in the Seychelles?
Among the lowest incorporation and maintenance costs in the catalogue. Removed from the EU state-of-play document after coming into line.
What are the drawbacks of a company in the Seychelles?
Many European banks refuse as a matter of internal policy. Enhanced accounting obligations since the recent reforms.
Seychelles or South Africa or Mauritius: where do our services start?
from 2,990 € in the Seychelles; from 1,090 € in South Africa; from 20,490 € in Mauritius, excluding tax.
Seychelles or South Africa or Mauritius: how does corporate tax compare?
Seychelles, 0 % on foreign-source income; South Africa, 27% on profits; Mauritius, Reduced rate subject to substance conditions · extensive treaty network; to be checked.
Seychelles or South Africa or Mauritius: which is faster to register?
Seychelles in 1–2 days; South Africa in 1–3 working days (BizPortal, standard memorandum); Mauritius in 1 week, usual times.
Where these figures come from
Recorded on 21 September 2026; to be checked; banking and substance: our assessment. How we source these figures →