Seychelles IBC shares as personal assets and charging order for LLC

[dor]

I don't understand, in Seychelles they create Corporation IBC or LLC?


Since there are stocks and shares involved then I assume it is corp status, and this means that creditors can take your corp through shares because shares are personal assets, there is no charging order protection as with LLC...


So what is it in Seychelles?


LLC or Corp?

 

[Zqq]

IBC are best likened to the UK concept of PLC (private limited company). These are companies limited by shares, but the shares are private (not sold to the public).


If you want an offshore LLC, I would recommend St. Kitts and Nevis. It's one of the very few offshore LLC jurisdictions.