International Business Company
A Seychelles International Business Company (IBC) is a tax-free company designed to engage in all forms of international business with strict owner privacy laws, minimal record keeping and no reporting requirements. Since the introduction of the Seychelles International Business Companies Act in 1994, more than 600 new companies are formed every month, totaling over 30,000 registered Seychelles IBC's. An International Business Company is suited for management consultants, network engineers, software developers, professionals who tend to travel between various countries on short-term assignments, internet based businesses, international commodity trading or any other business approved by the Seychelles International Business Authority. A Seychelles IBC may be used as a personal asset protection vehicle to passively hold property and investments.
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