Seychelles
Seychelles IBC: fees, tax and annual filings, from official sources.
- Company type
- International Business Company (IBC) under the International Business Companies Act, 2016
- Headline corporate tax
- 15%
- Registration fee
- IBC (non-PCC): US$130 registration fee and US$140 annual fee (FSA fee schedule). The application is filed by a licensed registered agent.
- Region
- Offshore
A Seychelles international business company (IBC) is registered only through a licensed agent, for a US$130 registration fee and a US$140 annual fee. It is taxed on Seychelles-sourced income, and on foreign passive income unless it meets economic substance rules.
The figures below come from the registry, tax authority and statutes linked under Sources, as they stood on 30 September 2026. Fees and thresholds change, so check the linked official page before you file. This is general information, not tax or legal advice for your situation.
Questions
How much does it cost to register a company in Seychelles?
IBC (non-PCC): US$130 registration fee and US$140 annual fee (FSA fee schedule). The application is filed by a licensed registered agent.
What is the corporate tax rate in Seychelles?
The Seychelles Revenue Commission states the company business tax rate as 15% on the first SCR 1 million of taxable income and 25% above SCR 1 million (in force since January 2022). Seychelles historically taxes only Seychelles-sourced income; since 16 September 2021 ‘covered companies’ must pass an economic substance test for foreign passive income to stay outside the tax net.
Can a non-resident set up a company in Seychelles?
The FSA says an IBC is registered only through an International Corporate Service Provider (ICSP) licensed by the FSA, which deals with the FSA for the founder. The FSA does not state any in-person visit requirement.
Annual deadlines for this and other jurisdictions are in the company filing deadlines calendar. Read next: Seychelles, BVI and Belize: owning an offshore company.
- Corporate tax
- The Seychelles Revenue Commission states the company business tax rate as 15% on the first SCR 1 million of taxable income and 25% above SCR 1 million (in force since January 2022). Seychelles historically taxes only Seychelles-sourced income; since 16 September 2021 'covered companies' must pass an economic substance test for foreign passive income to stay outside the tax net.
- Forming it from abroad
- The FSA says an IBC is registered only through an International Corporate Service Provider (ICSP) licensed by the FSA, which deals with the FSA for the founder. The FSA does not state any in-person visit requirement.
- Local requirements
- A registered agent licensed to provide international corporate services, and a registered office in Seychelles. Accounting records must be lodged at that office at least twice a year, and the register of beneficial owners is kept at the agent's place of business. From the IBC (Amendment) Act 2026, the first director must be appointed within 30 days of incorporation (previously nine months).
- VAT, GST or sales tax
- VAT registration is mandatory once taxable supplies reach SCR 2 million in a 12-month period. Voluntary registration is possible from SCR 100,000 (effective 1 January 2025). The standard rate is 15%, and exports are zero-rated.
- Annual filings
- The annual fee is paid through the registered agent. Accounting records are lodged at the Seychelles registered office at least twice a year. An annual financial summary is kept at the registered office within 6 months of financial year end (every company except a non-large holding company). A business tax return is filed with the Seychelles Revenue Commission by 31 March, whether or not there is a liability or loss. Beneficial ownership changes are submitted to the FIU database by the resident agent within 14 days.
- Beneficial owners
- Every IBC must keep a register of beneficial owners at its resident/registered agent, and the agent uploads it to the FIU's Seychelles Beneficial Ownership database, which only authorised officers of specified authorities can access (not public).
- Also know
- Seychelles taxes Seychelles-sourced income, but under the 2021 Business Tax amendments a company in a multinational group that earns foreign passive income (dividends, interest, royalties) is taxed on it unless it passes the economic substance test. The IBC (Amendment) Act 2026 (Act 13 of 2026) requires nominee-director status to be recorded in the register of directors by 31 December 2026, puts current directors' names on the Registrar's register and search certificates from 1 January 2027, and cuts the time to appoint the first director to 30 days.
- Company registry
- Financial Services Authority (FSA) Seychelles – Registry of International Business Companies
- Registry website
- fsaseychelles.sc
- Tax authority page
- src.gov.sc
- Last reviewed
- Sources
Source Link FSA – Licensing and Registration Fees (Appendix A: Registry) https://fsaseychelles.sc/images/Licensing_and_Registration_Fees.pdf FSA – FAQs (How do I incorporate an IBC?) https://fsaseychelles.sc/media-corner/faqs FSA – IBC legislation list (incl. IBC (Amendment) Act 2026) https://fsaseychelles.sc/component/edocman/legislations/fiduciary/ibc SRC – Seychelles Tax System (business tax, VAT, returns, economic substance) https://src.gov.sc/seychelles-tax-system/ Official Gazette – IBC (Amendment) Act 2021 (Act 32 of 2021), s.175 accounting records https://www.gazette.sc/sites/default/files/2021-08/Act%2032%20-%20International%20Business%20Companies%20%28Amendment%29%20Act%202021.pdf Official Gazette – IBC (Amendment) Act 2026 (Act 13 of 2026) https://www.gazette.sc/sites/default/files/2026-08/Act%2013%202026%20-%20International%20Business%20Companies%20%28Amendment%29%20Act%202026.pdf Official Gazette – Beneficial Ownership Act 2020 https://www.gazette.sc/sites/default/files/2020-12/Final%20Beneficial%20Ownership%20Act%202020.pdf Official Gazette – Beneficial Ownership Regulations 2020 (SI 107 of 2020) https://www.gazette.sc/sites/default/files/2020-12/SI%20107%202020%20-%20Beneficial%20Ownership%20Regulations_0.pdf Seychelles FIU – Beneficial Ownership https://seychellesfiu.sc/beneficial-ownership/