Starting a business in the Seychelles

Legal Forms of Companies

Sole Propietorship

Number of partners: One
Capital (max/min): No minimum capital required
Shareholders and liability: The individual is personally liable for all the debts and obligations of the business

Partnership

Number of partners: Minimum two, no maximum
Capital (max/min): No minimum capital required
Shareholders and liability: Unlimited liability for the debts and obligations of the business

Limited Partnership

Number of partners: Minimum two (at least one general partner), no maximum
Capital (max/min): No minimum capital required
Shareholders and liability: The general partners manage the business and have unlimited liability for its debts and obligations, while the limited partners contribute capital but have limited liability

Private Company

Number of partners: Minimum of one shareholder and one director, who can be the same person
Capital (max/min): SCR 5,000 (approximately USD 370)
Shareholders and liability: Limited to the shares

Public Company

Number of partners: If a company is listed on the Seychelles Stock Exchange or has more than 50 shareholders
Capital (max/min): SCR 50,000 (approximately USD 3,700)
Shareholders and liability: Limited to the shares

International Business Company
(for offshore operations in the Seychelles)

Number of partners: Minimum of one shareholder and one director
Capital (max/min): No minimum capital required
Shareholders and liability: Can be limited by shares or limited by guarantee (with or without share capital)

Business Setup Procedures

Source: Doing Business - Latest available data.