As a licenced corporate service provider and trustee in Seychelles we are bound by certain laws and regulations. These regulations require that we know our clients through a process called “due diligence”. This process requires that we collect certain documents to verify the identities and addresses of the persons we deal with when forming and …
Why do you need our passports and other documents and information? Read More »
A proof of address is any document issued by an independent body, in original form or certified as a true copy of the original, that shows the name of the person or entity we will be dealing with and the address of that person or entity. When a copy is provided it must be a …
Our order form lists everything we need, and we can email or message a copy to you. Our order form ensures that you will easily cover all our requirements, step-by-step. Basically we will need a name for your Foundation, the amount and details of the initial asset or assets, the names and addresses of the …
What information and documents will you need from us to register the Foundation? Read More »
We need enough information about the specific purpose and activities that the Foundation will undertake to be able to provide guidance as to whether it is prohibited in Seychelles or not. For most Foundations a short statement comprising of three or four phrases would usually be sufficient to start with. We also need to know …
What information do you need on the proposed purpose or activities? Read More »
No because Seychelles residents are legally able to form and manage a Seychelles Foundation.
There are substance rules for Seychelles companies.
No there is no requirement to open a Seychelles bank account. A Seychelles Foundation can have more or more bank accounts anywhere in the world.
Yes. It has always been a duty of the Council of the Foundation to do so. Other records include minutes of meetings, written resolutions, consents for appointments, and agreements. A Foundation must keep such records for 7 years. The registered agent will keep copies of the records it has received in Seychelles, for 7 years.
Since 2021, Seychelles Foundation have been required to lodge their accounting records with their registered agent in Seychelles (that’s us – A.C.T.). Foundation must lodge their transactional documents (aka substantiating documents or supporting documents) e.g. bank statements, expense vouchers, receipts, accounts ledgers, and contract and agreements etc that would be used for preparing financial statements. …
No it is not a requirement but it may be an advantage to have one.
