Seychelles company formation

A Seychelles IBC, with income earned abroad untaxed

Seychelles only taxes what is earned in Seychelles, and owners stay off every public record. It left the EU's grey list in February 2026. Ours is US$570 to start and US$580 a year, run from anywhere.

Formed through a registered agent licensed in Seychelles. No visit.
  • US$580 a year, all in
  • Records and summary lodged for you
  • Nothing charged until you sign
US$580A full year, with the government fee inside
AbroadIncome from outside Seychelles isn't taxed there
1Director and 1 shareholder, any nationality
OffNeither EU tax list, since February 2026
01The tax test

Is a Seychelles IBC tax free? Two questions decide

Since 2019 an IBC has no blanket exemption. Seychelles taxes by where income is earned, and most founders land on the right side of the line.

Will it earn from activity in Seychelles?
Is it part of a multinational group?

No tax return is due with no Seychelles income. Seychelles' answer isn't the last word: the country you live in may tax the company or what it pays you.

021 January 2027

Seychelles director names go public on 1 January 2027

A law gazetted in August 2026 opens up one line of the register. Soon. Shareholders and owners stay closed. Flip the switch.

Company name, number and status
Registered agent and office
Current directors: name and appointment date
Directors' address, birth date, nationality
Shareholders
Owners of 10% or more
Accounts

A company can be the director, so the name on the public list doesn't have to be yours. Ask us, and we'll quote it first.

03Keeping it alive

The Seychelles annual fee and its 180 day clock

The US$140 fee falls due on your anniversary. Miss it and the cost climbs until the company is struck off. Pick your start month.

Twice a yearRecords go to your agent, at least every six months. Copies are fine. We collect them.
By 30 JuneA financial summary for the year before. Kept with your agent, not filed publicly. No audit.
Within 14 daysAny change of owner reaches the private owner database. Tell us and we file it.
04Crypto

Seychelles crypto licence: when you'd need one, and what it costs

Since September 2024, being incorporated in Seychelles is enough to bring a crypto service business under its law, wherever the clients are. See how nine places treat crypto.

Holding your own funds

A company holding its own crypto, not as a business for others, sits outside the licence. Our price covers this company.

No licence

Serving clients: yearly licence, plus SCR 75,000 base and application

ServiceYearly feeCapital
ExchangeSCR 375,000US$100,000
WalletSCR 300,000US$75,000
BrokingSCR 150,000US$50,000
InvestmentSCR 75,000US$25,000

Seychelles also bans crypto mining facilities and mixers. Names with words like "crypto", "blockchain", "exchange" or "NFT" need a licence, so the name box at the top warns you.

05The whole bill

Seychelles IBC cost, every line

Many pages quote the agent and leave the records and summary for later. Ours includes them both.

To start

Government incorporation feeAt costUS$130
Heirson, first yearLicensed agent and office, filing, director and owner registers, documents, bank account set up with youUS$440
You payUS$570

Every year after

Government annual feeAt cost, due on your anniversaryUS$140
HeirsonLicensed agent and office, records lodged twice a year, financial summary lodged, owner register updates, remindersUS$440
You payUS$580
BookkeepingQuoted firstYou keep the records; we can prepare them
Certificate of good standingUS$25The registry's fee, for banks that ask

Add a nominee to your Seychelles company if you want one, never to hide an owner from banks or authorities. How nominees work.

Nominee directorUS$480 a yearA licensed professional on the public record; you stay the owner
Nominee shareholderUS$480 a yearHolds the shares on trust for you, with a declaration of trust you keep

Government fees as published, November 2026. Some providers quote US$150; if the registry's figure differs, you pay what it charges.

Questions

Seychelles company questions, answered

Looking for the next step up in name recognition? Compare with a BVI company, or use the compare tool for any two places.

How much does a Seychelles IBC cost?
With Heirson, US$570 to start: the US$130 government fee plus our US$440. Then US$580 a year: the US$140 annual fee plus our US$440, with the agent, office, records and financial summary lodging included.
Is a Seychelles IBC tax free?
In Seychelles, on income earned abroad, yes. Income earned in Seychelles is taxed at 15% up to SCR 1 million and 25% above. Companies in multinational groups face extra tests. What your own country charges is a separate question. More in our Seychelles tax guide.
Are Seychelles company directors public?
From 1 January 2027, the names and appointment dates of current directors are public. Their addresses, birth dates and nationality aren't, and neither are shareholders or owners. What a search of an IBC shows today: Seychelles company search.
Who can see the owners of a Seychelles company?
Your agent and, through a private database, Seychelles authorities. Owners of 10% or more are recorded. The public can't see them.
Can a foreigner own a Seychelles IBC?
Yes. One director and one shareholder of any nationality, who can be the same person. A licensed agent and a registered office in Seychelles are compulsory, and the first director must be appointed within 30 days.
Does a Seychelles IBC have to file accounts?
Not publicly, and no audit is required if it earns nothing in Seychelles. It keeps records, lodges them with its agent at least twice a year, and keeps a yearly financial summary at the registered office. Every date and penalty: Seychelles annual fees and filings.
What happens if I don't pay the Seychelles annual fee?
The fee rises 10% once late, then 50% after 90 days, and the company is struck off at 180 days. It can be restored within five years, at a cost and only if its records are in order.
Is Seychelles on the EU blacklist?
No. It came off the EU's grey list on 17 February 2026 and stayed off in the October 2026 update. It isn't on the FATF lists either.
Do I need a crypto licence for a Seychelles company?
For wallets, exchange, broking or investment services to clients, yes. A company holding its own crypto is outside the licence, and accepting crypto for its own work isn't a listed activity on our reading.
Can a Seychelles IBC open a bank account?
Yes, and not necessarily in Seychelles. We open it with you, and it almost always goes through. Since August 2026 Seychelles won't issue a tax number just for a bank, but it still gives tax residency certificates. How to answer the bank's tax form: Seychelles IBC bank account.
Time to start

An IBC that keeps its yearly cost small and its owners private.

US$570 today, US$580 a year after. The agent's fee is in those numbers. You pay in crypto after you've signed.

Seychelles IBCUS$570, then US$580 a yearStart