Many people are unaware of the fact that Seychelles Law guarantees the privacy of Seychelles Companies. One of the most important factors put into place is the NO INFORMATION EXCHANGE policy that the country has adopted. Legislation has been passed which makes it almost impossible for the Seychelles government as well as banks to share information with other countries. This is a major force when considering offshore company formation. Another one of secrecy features in which the government has put into place is the process in which companies are registered in the Seychelles. Currently when a company is registered there are no requirements for the director as well as share holder of beneficial owner to be listed in the registry. This provides top level protection should anyone want to know who the company is owned or managed by. All information concerning the director as well as any other individuals or companies involved with the incorporation of an IBC in the Seychelles is held in the registered agent’s office. One last important aspect of why the Seychelles should be considered as the jurisdiction of choice for offshore company incorporation is that of the free sue of bearer shares. Like other offshore jurisdictions, the Seychelles allows bearer shares to be issued but the law is much more flexible on the management of these shares when compared to other jurisdictions. The Seychelles does not require the bearer shares ot be held in the registered office or by a registered agent or attorney. They can be sent directly to the director who can utilize them as he or she so chooses. All of these points make the Seychelles a prime jurisdiction for offshore incorporating and structuring.
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