Seychelles Foundations

Licenced And Regulated In Seychelles

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Does a Foundation need to keep books of accounts and other records?

Yes. It has always been a duty of the directors of the company to do so. Other records include minutes of meetings, and agreements between shareholders and between directors and other officers include consents for appointments and share transfer forms. An IBC must keep such records for 7 years. The registered agent will keep copies of the records it has received in Seychelles, for 7 years.

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