Seychelles is a small island country located in the Indian Ocean, known for its breathtaking natural beauty, thriving tourism industry, and friendly business environment. Registering a business in Seychelles is a relatively simple process, with the government making it easy for entrepreneurs to set up their operations in the country. In this article, we will take you through the steps you need to follow to register a business in Seychelles.
Table of Contents
Choose your business structure
The first step in registering a business in Seychelles is deciding on the appropriate business structure for your enterprise. Seychelles offers several business structures, including sole proprietorship, partnership, limited liability partnership (LLP), and company limited by shares (CLS). Each business structure has its own advantages and disadvantages, and it is important to choose the one that best suits your business needs.
Choose your business name
After deciding on the appropriate business structure, the next step is to choose a unique business name. The name must not already be registered by another business in Seychelles and should not be similar to any existing business names. You can check the availability of your desired business name by conducting a search on the Seychelles Business Registry website.
Register your business
Once you have chosen your business structure and name, the next step is to register your business with the Seychelles Business Registry. You will need to submit the necessary documents, including a completed application form, a business plan, proof of address, and identity documents for all directors and shareholders.
Obtain necessary licenses and permits
Depending on the nature of your business, you may need to obtain certain licenses and permits before you can start operations. The Seychelles Licensing Authority regulates the issuance of business licenses in the country, and you can find more information on their website.
Open a bank account
Once your business is registered, you will need to open a bank account in Seychelles to manage your finances. Seychelles has a well-developed banking system, and you can choose from a range of local and international banks.
Generis Global can help you with your business in Seychelles
At Generis Global, we specialize in providing legal and financial services to businesses looking to set up operations in Seychelles. Our team of experts has years of experience navigating the Seychelles business environment, and we can help you with every step of the registration process. Contact us today to learn more about how we can assist you with your business in Seychelles.