Seychelles

Seychelles officially the Republic of Seychelles is an island country spanning an archipelago of 115 islands in the Indian Ocean, some 1,500 kilometers East of mainland Africa, Northeast of the Island of Madagascar.

Other nearby island countries and territories include Zanzibar to the west, Mauritius, Rodrigues, Agalega and Reunion to the South, Comoros and Mayotte to the Southwest.

Seychelles, with an estimated population of 86,525, has the smallest population of any African state.

All Companies registered in the Seychelles must have a registered office provided by a licensed service provider. A minimum of two shareholders, two directors and one corporate secretary resident of Seychelles (not mandatory but it is customary to have one) are required.

The Registers of Directors, Officers and Charges must be kept at the Registered Office. A copy of the Register of Directors and Officers must be filed with the Registrar of Companies but is not available for public inspection.

The object of the company is to engage in any activity or business that is not prohibited under any law and it is not required to hold any annual general meetings, file annual returns accounts or financial statements, and there is no requirement to register initial or ongoing changes in directors and / or officers. The company must however every year must prepare and file audited accounts. The accounts and company return files are not accessible to public.