Seychelles is an independent and stable country. It is not an overseas territory of European state meaning it is less exposed to pressure from EU and USA. Also Seychelles has one of the fastest incorporation registries in the world. So it is no surprise that the popularity of Seychelles as an offshore jurisdiction is only increasing.
The preferred type of company for international transactions is an International Business Company (IBC). It is a subject of zero taxation in the Republic of Seychelles. The annual return and disclosure of profits are not required. No exchange control is imposed. Meetings may take place anywhere in the world. All companies must have a registered agent in Seychelles and his office we’ll be considered as registered office of the company. IBC can have one shareholder. Its director may be a resident of a foreign country. A corporate entity may fulfill his duties. All companies need to have a resident company secretary. Annual Government License Fee is only $100.