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Seychelles International Business Companies (Amendment) Act, 2013

As you will be aware, the offshore industry as a whole continues to evolve as the result of international initiatives and developing global standards.

As part of this process, and in response to their Phase 2 assessment in the OECD’s Peer Review process, the Seychelles authorities have amended the Seychelles International Business Companies Act, which amendments came into force on 16 December 2013.

In order to comply with the new requirements of the Seychelles International Business Companies (Amendment) Act 2013, Seychelles’ companies need to prepare the following documents and file to Seychelle’s government to ensure they are regulated based on the amended rules starting from the date of 1st April 2014.

  1. A written declaration (the “Annual Return”) for every Seychelles International Business Company you hold.
  2. Updated copies of Registers of Directors, Officers and Members of each Seychelles International Business Company;
  3. Updated notification for each Seychelles International Business Company of the location where the books, registers, records, all minutes, copies of all resolutions and the accounting records of the Company are kept.

Finally, and with effect from 1 May 2014, there will be a charge of HKD800 for the above documentation arrangement, to cover the additional time costs involved in Company Secretary’s handling and administering the filing of the Annual Returns, registers and notifications.

Please click here for a summary of the Seychelles International Business Companies (Amendment) Act, 2013. Should you have any queries or if you would like to receive an updated list of your active Seychelles companies, you may contact us at

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