Why Is It Difficult to Set Up an Offshore Company in Seychelles?

Offshore company formation can be beneficial if you want to protect your assets, save money on taxes, protect yourself from lawsuits, and increase the level of privacy, confidentiality, and security for your finances while growing your business. Seychelles is one of the countries that are making it more attractive for anyone to set up an offshore company. Despite how the media, movies, and TV shows would typically present offshore companies, it is completely legal to register one in Seychelles as long as your motives are justifiable and you go through the right process. However, it can be difficult to set up an offshore company in Seychelles without going through the proper channels, so it is advisable to get help from a trustworthy provider of corporate, fiduciary, trust, and fund services to make the process easier and smoother.

Meeting the requirements for Seychelles offshore company registration can be challenging if you do not know where or how to start. By working with a professional team of offshore company registration specialists, you can avoid the guesswork and leave the preparation of all the necessary documents to them. The basic documents you must have to form a company in Seychelles typically include the following:

• Articles of associations• Memorandum of association • First resolutions of directors (organisations)• Resolution appointing your directors• Share register• Power of attorney (if the professional director services have been requested)• Declaration of trust (if the nominee shareholder services are provided)• Share certificates (optional)

Apart from possessing the company formation documents, you need to register crucial company documents with the applicable Seychelles company registrar, which is either the Seychelles Financial Services Authority for offshore company registry (i.e. IBCs) or the Registrar General, Companies Division for all other kinds of Seychelles companies. That way, you can incorporate your offshore company in Seychelles. A professional Seychelles offshore company registration specialist can help you prepare and file the necessary documents for incorporation, like the articles of association and memorandum of association. It usually takes a day or less than 24 hours to become incorporated. You can leave the collection of the Certificate of Incorporation and the stamped documents to the professional who helped you, and these will be sent to you.

About the Company:Sterling is a leading licensed and regulated corporate, trust, fiduciary and fund services provider delivering specialised solutions for a global clientele of international corporations, institutional investors, high net worth individuals and families as well as their intermediaries. Whether an end user of our services or an intermediary, Sterling provides an efficient, personalized approach to ensure smooth, efficient delivery of services that meets the requirements of each client.

Sterling is a leading licensed and regulated corporate, trust, fiduciary and fund services provider delivering specialised solutions for a global clientele of international corporations.