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Seychelles IBC options for software services company

Casemon

Offshore Agent
Jul 23, 2011
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Hi all,


Seeking your feedback on which options to consider for a new Seychelles IBC. Have searched the forums & articles here (and on other sites) & would like to have some ideas prior to discussing with my legal rep.


The new business is software development services & selling software online for global clients; both for other companies and end-consumer as well.


So am considering a Seychelles SA or SARL (are these good choices for this type of business?) and will also be opening a Corporate Bank Account in Cyprus to go with new company & generating all Corporate Documents with apostle.


Wish to strike a strong balance between ease of use & privacy / protection; need global 24/7 access to funds, and prefer not have records pointing back to me too obviously, for my own protection.


For example, am US citizen & travel a lot; would prefer having the comfort of some protection.


Right now CCLogic includes these items with new Seychelles company incorporation:

  • Registration of a Seychelles Company
  • Seychelles Office Address
  • Government Registration
  • Registered Office Address
  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Resolution of Subscriber
  • Director's First Meeting Resolution
  • Share Certificate
  • Directors Register
  • Share Register
  • Management Service Agreement


So am asking specifically about the Additional Services. Which should I go with and why?

  • Corporate nominee shareholder
  • Corporate nominee director
  • Private nominee director
  • Power of Attorney
  • Courier Charges
  • General Power of Attorney
  • Preparation of Meeting Resolutions or letters
  • Signing of Legal documents


So need answers to questions like:

  1. Do I need a Corporate nominee shareholder or director for this type of business? What is the advantage?
  2. Difference between private nominee director & corporate?
  3. Who will have General Power of Attorney if I do not select the additional option?
  4. Under what conditions would I want to pay extra for Preparation of Meeting Resolutions or letters & Signing of Legal documents?


Any other advice or relevant information for starting this type of business?


Thank you for your time; any help you can offer here is appreciated! :thumbsUp:
 
Last edited by a moderator:
Thank you for your interest in our services :)


The answers to your questions are as the following:


1. In most cases there is no need at all for a Nominee director or shareholder, only in the case that you don't want to sign contracts, agreements etc. on your own and on behalf of the Seychelles company we recommend to appoint / insert a nominee.


2. A Private Nominee is a "natural person" who you can speak to directly and ask him/her to execute certain tasks, a corporate nominee is only there to hide the director and shareholder and can't be used to sign anything. Actually in certain cases we can arrange for this anyway.


3. This is only applicable if a nominee is appointed, otherwise your will have 100% control of the company.


4. This depends entirely on what it is you need and want to do, it is actually a very broad question.
 
Thank you for the detailed response; am excited to move forward. Have already sought out a notary :)


In reply to #4, yes it is a broad question. Perhaps the question is better worded: What would be one typical scenario for needing this?


In regards to documents, would bill from internet company be sufficient?
 
It must be a bill that shows the residential address of the client, i.e. a utility bill (electricity bill, water supply, etc.) so a internet bill will not be sufficient, alternative a bank- or credit card statement is valid documentation.
 
Best would be to send us an sample of such a bill so we may be able to check if it is ok.
 
Getting this error using the contact form with attachment :(


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hmmm, strange for me it works... anyway, you can as well contact our live chat or use Skype:CCLOGIC if you want.
 
If you only need the nominee to be there for tax reason a corproate nominee will do fine, if you need them to sign anything a private nominee is required.


Please confirm Admin if you can.
 
balloo said:
If you only need the nominee to be there for tax reason a corproate nominee will do fine, if you need them to sign anything a private nominee is required.
Please confirm Admin if you can.
I can confirm that, you will need a Private nominee (most often only director) if you need anyone else than yourself to sign on behalf of the company or to complete applications and what is attached to that task. This most often costs additional since there is charge on a per hour basis most of the time.