• Changes to Seychelles Company Law

    By IBCF

    06-02-2017

    The Seychelles International Business Act of 2016 came into force in December 2016 and replaces earlier legislation on international business companies in the Seychelles.

    The most significant changes to the Act include:

    • the requirement to keep and maintain an internal register of beneficial owners. This register need not be filed with the Registrar; and
    • the obligation to file the company’s register of directors with the Registrar.

    There will be a grace period of 12 months for companies existing on 1 December 2016 to bring themselves into compliance with the new legislation.

    Please do not hesitate to contact your corporate specialist if you have any questions regarding this new legislation or any aspect of doing business in the Seychelles. Email us at clientsupport@ibcf.com.

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  • The information provided in this article is for general information purposes only. The information is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified professional on any specific matter.

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