The offshore tax haven of Seychelles has over the years made a name for itself as a top offshore jurisdiction. Seychelles offers a number of modern offshore business structures which includes the Seychelles International Business Company or the IBC, the Seychelles Special License Company and the Seychelles Limited Partnership company. Offshore banking is also one of the offshore services offered in the jurisdiction.

The most common incorporated Seychelles offshore business structure is the Seychelles International Business Company. This type of Seychelles offshore business structure needs only one shareholder and one director for incorporation. The Seychelles IBC is easy to incorporate. The persons who are wishing to own such Seychelles offshore business structure must employ the services of a registered agent who is responsible for filing all the necessary documents with the Seychelles International Business Authority. Upon incorporation the Seychelles International Business Company will operate as a tax free company as long as it conducts no business in the Seychelles territory. The Seychelles IBC has no filing of annual audits to do with the tax authorities. This information can be kept anywhere the shareholders desire.

A relatively new Seychelles offshore business structure is the Seychelles Special License Company. This type of Seychelles business structure can operate as an offshore and offshore company. This is simply a Seychelles business company which has applied to the Seychelles International Business Authority for a special license which allows this business corporation to operate on and offshore. The benefit to incorporating this type of Business Company is that a low tax rate of 1.5% is applied to the annual profits of the company. The Seychelles special license company is easy to incorporate and also benefits from taxed treaties signed by the offshore jurisdiction of Seychelles.

The Seychelles Limited partnership corporation is becoming a very popular Seychelles offshore business structure. The limited partnership operates as an offshore company which carries out no business with residents or within the offshore jurisdiction of Seychelles. The Seychelles Limited Partnership which was introduced in 2003 needs at least one general partner and one limited partner for incorporation. The Seychelles Limited Partnership offshore business structure is exempted from all local taxes and benefits from numerous Seychelles tax treaties. A partnership agreement can be signed between the partners which will outline the rights, duties, liability, privileges and limitation of the partners.

The formation of a Seychelles offshore business structure is carried out by a registered agent. Information which is necessary for the formation of Seychelles offshore business structures is the name and address of the registered agent, the purpose for forming the company, the names and addresses of shareholders and partners, in case of an IBC the types and numbers of shares to be issued, in case of a partnership the contributions to be made by each partner.

Seychelles offshore business structures are easy to maintain as only an annual license fee has to be paid to keep the Seychelles offshore business structure in good standing order. The Seychelles license fee are very affordable when compared to those of other offshore tax havens.