Offshore Structures

International Business Company [IBC]

Seychelles International Business Company known as an IBC is a flexible entity governed by special legislation that enables corporations and individuals to conduct international business in an effective manner.It is the most popular structure in offshore financial centers. IBC is a non-resident company with zero taxation on foreign earned income and is popular for holding offshore investments, trading company, international real estate and for international expatriate workers living abroad.

Seychelles Special License Company (CSL)

The CSL company is qualified as a tax resident of Seychelles under a hybrid law within the Companies Act 2003. A Special License Company (CSL) is an onshore/offshore company that is taxed at a reduced rate of 1.5%. This company can also be utilized with other countries that have signed the Double Taxation Avoidance Agreement.

Seychelles Protected Cell Company (PCC)

Protected Cell Companies (PCC) are formed under the Protected Cell Companies Act, 2003. A PCC is a Seychelles domestic company that has the right to create one or more identifiable cells so as to segregate and protect cellular assets as permitted under the Act. While each cell created by a PCC is separately identifiable and may have its own cellular assets, no cell will constitute a legal entity separate from the company. The concept of this structure is to seperate the assets in each cell (business) from those activities in the other cells.

International Trust

Seychelles International Trusts are set up under the International Trust Act, 1994. A Trust is a private legal agreement (Trust Deed) between the individual who places his/her assets in the Trust (Settler) and the individual or corporation entrusted with the protection, management, and ultimate distribution of the assets (Trustee) for the persons entitled to benefit from the capital assets and/or income held under the agreement (Beneficiaries). Trusts are mostly used for the benefits of strong asset protection and tax planning incentives.

Mutual and Hedge Funds

Seychelles Mutual Funds and Hedge Fund Act, 2008 offers an excellent and tax effective structure for fund business through offshore investing. Administration of the mutual fund can be performed by any fund administrator in a recognized jurisdiction.

Financial Services

We can help in the application for other licenses such as a Seychelles Investment Advisor License and Securities Dealers License.

Yacht Registration

The Seychelles offers an attractive "offshore" regime for the ownership and registration of yachts. The Seychelles Merchant Shipping Act, 1994 governs the shipping industry in the Seychelles. The Seychelles offers an attractive “offshore” regime for the ownership and registration of yachts. A Seychelles citizen or company (IBC or domestic) must own a yacht in order for it to fly the Seychelles flag. An IBC is the most effective vehicle for offshore ownership of a Seychelles-registered vessel or ship management operation.

Offshore merchant account

An offshore merchant account is a unique account established with an acquiring bank in an offshore country that allows merchants to process card-not-present transactions. Offshore banks tend to more lenient with regard to their underwriting policies. As a subsequent result of this, it becomes easier to acquire high risk merchant accounts with offshore banks as opposed to domestic banks.

If you are having challenges obtaining a merchant account for Internet or mail/phone order transactions, we can help. We provide services to all legal online sales companies.The specific setup will depend on the site and products being sold but we have extensive experience in this field and have a well established relationship with acquiring banks and payment gateways. Please contact us directly for further advice.

We can also offer assistance in other capacities, please contact us with specific queries.

CONNECT with OCA Offshore via: