Seychelles Foundations

Licenced And Regulated In Seychelles

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If a Foundation is struck off, can we easily restore it?

If the IBC 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 also have to bring the IBC into full compliance with the prevailing laws, including settlement of any unpaid compliance penalties. The FSA will inspect the file to ensure compliance before restoring the company to the register.

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