A tool for Tax Planning : OFFSHORE Company
Frequently Asked Questions
Offshore, onshore companies:
What is the difference between offshore and onshore?
The offshore company is a corporate entity located in another country than the country where the activities are taking place, at the opposite; the onshore company allow to work in Seychelles and possibly to reside here.
What are the sectors in which the offshore companies are most favorable in dealing with?
Offshore is convenient for all sectors of activities (such as finance, real estate, license, intellectual property, etc…) subject to the condition that it is an internationally based activity.
What is the client’s use of an offshore business?
‘Go Offshore’ is an enterprise strategy. It is usually important to use structures that enable them to lessen the pressure of taxation. With the IBC (International Business Company), we possess a useful tool.
That company pay only 100$ of taxes whatever his turnover or his profits f. It is possible to be the sole shareholder of the company. Accountancy does not have to be filed.
This company can hold some shares, to own a property or a boat. This is a suitable structure for tax optimization.
How would you consider your profession as an International Corporate Service Provider?
Our activities do not only consist of registering offshore companies, but also to advice and help our clients in order for them to be able to obtain the maximum out of their revenues.
I would have to say that our profession differs in comparison to that of an architect; we have at our disposition the tools of taxation, the national and international laws, the conventions between different countries.
With all those elements we should plan the best structure in order to obtain sustainability of the assets our clients.
Where does the Seychelles stand in comparison to the other countries that also practice the offshore business?
The jurisdiction in Seychelles has never been on the black list as tax havens of OECD or in the report of Levin-Coleman-Obama Stop Tax Haven Abuse ACT, which is very reassuring for the clients.
The FSA (FINANCIAL SERVICES AUTHORITY our organization of guardianship) controls regularly the office business as they work side closely with the different government problems and regulations, reliability, competence, code of conduct and professional insurance inability.
Why to register the boat in Seychelles?
Notwithstanding the Seychelles flag is clean, internationally accepted and appreciate, it permits to benefit of tax and shipping rights not prohibitive.
What vessels does this flag concern?
All type of vessel less than 15 years old, unless exception.
The boat registered as commercial entity must be inspected before by the Seychelles Maritime Authorities elsewhere in the world.
Why register your yacht outside?
Because some countries are more attractive in terms of maritime duties and taxes.
Why choose Seychelles flag?
Because the Republic of Seychelles is a member of the United Nations, the Commonwealth, the OAU (Organization of African Unity), the Indian Ocean Commission and the International Maritime Organization (IMO). The flag Seychelles is a ‘clean’ flag.
- Because the tax benefits are important:
- No VAT
- No customs duties
- No capital gains on resale
- No transfer duty
- Excluded from the personal assets
- Because the rate of registration of the yacht regardless of the tonnage fixed.
Why Cote d’Azur Mahe Registered Agent Ltd?
- Because maritime law professionals Seychelles for quite 20 years, we operate and reside in the Seychelles, no middleman.
- Because we are setting up legal structures, including the benefits of Seychelles flag and tax planning in the country.
- Because we travel with an official of the SMSA (Seychelles Maritime Safety Administration) to check if the condition of the used yacht.
The permits may be issued during this inspection, and the boat can be registered directly and permanently without any intermediary.
We recall that these structures are fully legal and comply with international rules, the Seychelles flagged vessels to leave only once every 18 months, their home port, if located in the European Community.
CAMRA our society register all kinds of ships, pleasure boats, yachts, mega yachts, big ships, racing boats, charters, Research boat…
To Reside, to Invest
The Seychelles attracts more real estate investors, why?
Seychelles has managed to retain their authenticity and especially protected their environment.
To date, few countries can rival the Seychelles in the living environment, the beaches are pristine concrete, the mountain has kept its endemic forests, the population has remained itself. The system is stable, life is peaceful.
The configuration of the country is very demanding for real estate programs.
There are few, and even if demand is very strong, the government does not allow construction anywhere.
Another positive, the Seychelles are not on the road of cyclones.
What are the advantages of Victoria and its surroundings from another city of the Indian Ocean for those who want to move there?
I do not think that we can compare the Seychelles with other capitals of the Indian Ocean.
If we make a comparison, we should say that the Seychelles are unique. Business at offshore jurisdiction of Seychelles is one of the least restrictive jurisdictions; however, they are not on the gray or black lists of the OECD. To work locally, all depend on the sector.
The zone is very well equipped; sea links, airlines, and telecommunications are well developed.
Do you offer a support service for the investor who wants to develop the local market and its opportunities?
Yes we can to provide our customers a local network.
We can introduce them to decision makers and several business associations (English, French, Italian, Indian …).
What are the main challenges faced by an expatriate family in the process of expatriation in the Seychelles?
Everything will depend on the location. On Mahe, there are no real problem (housing, schools, shops, leisure etc. ..) If there are young teens, this will certainly be more difficult in other islands.
How to live in the Seychelles, which tracks for investment?
You can get a resident permit for 5 years, or a permanent resident permit at a certain level of investment.
Direct investment is rising in recent years, the areas of real estate, luxury shops, boat and hostels in high-level lot in my future.
Set up offshore company in the Seychelles Islands?
Do you want to know if an International Business Company can be set up in your own case ?
Tell us the questions that concern you while explaining your situation and ours services will send you a personalized advice in 48 hours workable.
You can send us an encrypted e mail on our address on hushmail.com: firstname.lastname@example.org.