Register Company in Seychelles 2026

• Before starting your business in Seychelles, it is vital to identify which business structure is most appropriate for your business needs. Seychelles offers a wide variety of business structures, which include: 
  • International Business Company (IBC) 
  • Seychelles Domestic Company 
  • Special License Company (CSL) 
  • Trusts and Foundations 
  • Limited Partnerships 

• Seychelles International Business Company (IBC) is the most popular business structure for international entrepreneurs. 

• In this step, Tetra Consultants’ team of lawyers and incorporation experts will help identify your business needs and provide guidance on which business structure would be most appropriate for your business needs. Our lawyers and incorporation experts will guide you through regulatory compliance and licensing needs. 

• The requirements for various entities are a strong capital and liquidity base, Fit and Proper approvals for Controllers and Directors, an approved international business plan, and strict compliance with regulations similar to those found in the AML/CFT Act 2020 and the Beneficial Ownership Act 2020 require a high level of due diligence. 

Comparison of various business structures:

Phase 2: Name Reservation & FSA Filing 

• Our legal team and experts in incorporation services will conduct research for your preferred company name with the FSA. Your company name should be unique and usually ends with a suffix like Ltd., Inc., or Corp. 

• In case you require our assistance, we can help you with your international trademark registration. 

• Tetra Consultants will provide support for satisfying the main prerequisites for registration of an IBC in Seychelles, namely: 
  • Selection of a unique name ending with “Ltd,” “Inc,” or “Corp” as approved by the Seychelles Financial Services Authority (FSA) 
  • Appointing a director and a shareholder (no need for the director and shareholder to be residents of the country) 
  • Appointment of a registered office based in Seychelles through a registered agent licensed in Seychelles 
  • Appointment of a licensed registered agent in Seychelles (compulsory requirement) 
  • Deciding on the company’s share capital structure (no need for minimum capital; even 1 share is allowed) 
  • Preparing the Memorandum and Articles of Association defining the purpose of operations and organizational structure 
  • Due diligence information about shareholders and directors 

• These criteria shall also be in line with the regulations and compliance that Seychelles adheres to, which includes beneficial ownership disclosure under the Beneficial Ownership Act (BOA 2020), anti-money laundering (AML), and counter-terrorist financing (CFT). 

• In addition, depending on the nature of your business, there may be additional compliance required, including economic substance regulation and licensing as well for some businesses, such as virtual asset service providers (VASP). 

• Should you wish to establish physical presence in Seychelles, Tetra Consultants would be able to help you obtain a Gainful Occupational Permit (GOP) for your foreign directors or employees. 

• Tetra Consultants’ lawyers and incorporation experts will assist in collecting necessary documents such as a copy of a passport, proof of address, and shareholder information. 

• As of 2026, banks and regulators will require a Tax Identification Number (TIN) issued in the shareholder’s home country and a National Identification Number (NIN) if they are residents.

• Tetra Consultants will prepare and submit the incorporation documents to the FSA. The company formation is possible without any travel arrangements for our clients. 

• Upon approval of the application by the FSA, Tetra Consultants will deliver the Certificate of Incorporation, Memorandum and Articles of Association, and other relevant corporate documents by courier. 

Phase 3: KYC, TIN, and NIN Collection

• Our team of accounting and tax professionals at Tetra Consultants will assist your company in tax registration by applying for a corporate Tax Identification Number (TIN) from the Seychelles Revenue Commission.  

• Our accounting and tax experts will also assist your company in understanding tax liabilities, exemptions, and reporting requirements in Seychelles. 

• Once your company has been incorporated in Seychelles, we will leverage our global banking network to open a corporate account for your company. 

Phase 4: Maintaining the company

• In the event your business falls under the regulated industries, you may be required to apply for a business license from the Seychelles Licensing Authority (SLA). Some industries include accommodation and catering, building contracting, health services, gaming, publishing, crafts, and agriculture. Our team of lawyers and incorporation specialists at Tetra Consultants will identify the appropriate type of license required by the structure under the International Business Companies Act 2016 (Amended in 2025), and guide you through the application process. 

• Our team of accounting and tax experts at Tetra Consultants will help with accounting records, preparation of financial statements, and tax registrations where required. 

• Our team of lawyers and incorporation experts will help with ongoing compliance, maintenance, and regulatory submissions, while our team of accounting and tax specialists will ensure your business remains compliant with the Seychelles authorities. 

Timeline to register company in Seychelles

• Company registration – 1 week 

• Corporate bank account opening – 4 weeks  

• Overall timeline – 5 weeks 

Cost to setup register company in Seychelles in 2026

• The government incorporation fee for a standard Seychelles International Business Company (IBC) with up to 100,000 authorized share capital will generally amount to US$150. 

• Tetra Consultants will provide a proposal on the exact costs associated with incorporating a company, registered agent fees, registered office, and other renewal fees. 

• Our fee policy is transparent, and we will clearly disclose to you all the costs associated with incorporating a company in Seychelles, which will include government fees, professional fees, and other third-party fees in our letter of engagement. 

Critical 2026 compliance deadlines in Seychelles 

• Non-compliance with these particular regulatory deadlines under the Seychelles’ International Business Companies Act, Companies Act 1972, and other relevant circulars will result in severe penalties, which include fines, restrictions, and strike-offs. Below is a detailed analysis of key compliance requirements for IBCs. 

Bi-Annual Accounting Filing (Section 174(1)) 

• All Seychelles IBCs are required to file their latest accounting records with their Registered Agent on a bi-annual basis. The January deadline will include records for July to December of the previous year, which are due by January 31st of the following year. The July deadline will include records for January to June of the current year, which are due by July 31st of the same year. Failure to file may result in penalties of up to SCR 50,000 and possible deregistration. It is advisable to keep digital or physical records showing true financial positions. 

180-Day Strike-Off Rule (Circular No. 2 of 2025) 

• Government fees must be settled within 180 days of the company’s incorporation anniversary. Failure to settle within the stipulated period results in strike-off on the 181st day, dissolving the company without prior notice. The company can only be reinstated through a court order and payment of fees, which can amount to thousands in penalties. Set calendar reminders based on your incorporation anniversary to settle fees through the Financial Services Authority (FSA) online portal. 

Nominee Declarations (Within 21 Days of Appointment) 

• Shareholders or directors who act as nominees must lodge a signed declaration with the Registered Agent of the IBC within 21 days of appointment. This involves disclosing nominator information, including identity, address, and beneficial ownership. Non-compliance attracts fines of SCR 1,000 or more per day, which can lead to AML risk investigations. Utilize standardized FSA forms to capture UBO information in an unambiguous manner, promoting transparency in line with global regulations. 

Find out more!

• Tetra Consultants specializes in providing company registration services in Seychelles, which reduces the complexity of company registration for foreign investors. Their team has extensive experience in strategic planning, compliance with local legislation, and selection of the appropriate business entity for foreign entrepreneurs’ use. 

• Tetra Consultants works as your advisor and trusted partner in your business expansion and company registration in Seychelles. With our own team of lawyers, incorporation specialists, compliance team, and accountants, we provide clients with clear, practical guidance to ensure compliance and success. Most importantly, we are known for being a one-stop solution for our valued clients. 

• Contact us to find out more about how to complete Seychelles company formation with bank account. Our team of experts will respond within the next 24 hours. 

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