We serve clients from most countries, but we do not accept clients who are resident or domiciled in or otherwise maintain close links with countries found on the FATF Call For Action List or who are in the FATF Jurisdictions Under Increased Monitoring list. We also do not accept clients who will somehow be linked …
Do you accept to serve anyone from any part of the world? Read More »
Yes you can, provided that the laws of the existing country allow you to transfer the Foundation to Seychelles. The process is called continuation or re-domiciliation. We will carry out due diligence checks on the existing Foundation and its Founders, Councillors, beneficiaries, other officers, its beneficial owners, and on its assets and financials in general. …
We have a Foundation in another country (not Seychelles). Can we transfer it to you? Read More »
You can. The Foundation Act specifies a procedure for change of agent. We do not prevent clients from leaving but will ask that unpaid fees are settled first and that we are refunded for the costs that we will incur from the transfer process. We do not charge additional exit fees. We will attempt to …
Can we transfer a Foundation from you to another agent? Read More »
You can. On rare occasions, some existing service providers may resist and may make the process a little complicated, but most agents are cooperative and will allow for a quick and painless transfer.
You can. To get started, send us the new name to approve and we will prepare all the required documents.
It depends on how quickly we can receive due diligence documentation on the new Councillors for verification. Next, the updated register will have to be filed with the Registry and the whole process can take between 1 to a few days. In some circumstances, we may have to consult the beneficial owners particularly when there …
How quickly can we change the Councillors of a Seychelles Foundation? Read More »
You could simply stop paying the annual fees. Then we will not pay the annual licence fee to government and eventually, usually within some months, the Foundation will be struck off the register. One year after strike, off it will be deemed to have been dissolved. We refer to this as “letting the Foundation lapse …
We don’t need the Foundation anymore? What are our options? Read More »
If the Foundation is struck off because it did not pay its annual fees there is a clear process to restore it. You have to pay all the outstanding annual fees so that we may pay the government annual licence fees. There will also be an additional restoration fee charged by the Registry. You will …
If a Foundation is struck off, can we easily restore it? Read More »
If our annual renewal fees are not paid we will not be able to pay the annual government fees. If the annual government fees are not paid the Foundation will not remain in good standing and will eventually be struck off the register. One year after strike off it will be deemed to have been …
What will happen if annual renewal fees are not paid? Read More »
For a Seychelles Foundation the annual fees are due on the anniversary of its registration. If a Foundation was registered on the 4th January 2023 the annual fees would be due each year on the 4th of January. We would need to pay the annual government fees by the 4th of January each year to …
When are your annual fees due? Will you send us a reminder? Read More »
