SEYCHELLES COMPANY FORMATION

Seychelles Incorporation Guide


Requirements for establishment
- There must be at least one shareholder and director. One person may concurrently serve as a shareholder and a director.
- No restrictions on the nationality of shareholders or directors at the time of establishment

- Required documents for individual shareholder/director
 

Requirements and required documents for incorporation:

1. A copy of the shareholder/director's passport

2. Original fact authentication for the passport copy of the shareholder/director 
   - Korean passport: English passport copy certificate (issued by the ward office)     ( View sample )
   - Passport from other countries: Certified True Copy or Notarial Certificate      ( see sample  )
 
3. Two types of documents for the most recent (within 3 months) address in English for shareholders/directors (however, the address must be the same)
   - Residency in Korea: English certified copy (community center) + Scan the front/back of the driver’s license  ( View sample )
   - Residence in another country: Utility Bill + Bank Statement (or equivalent official document)   ( View sample )

4. Expert Recommendation (Request to write an expert recommendation letter)
   - Expert Recommendation:  Confirmation of customer relationship for more than 2 years from experts (accountant/lawyer/lawyer/tax accountant, etc.)  ( View sample )

  

5. Fill out the application for incorporation  ( View Application )

 

 

Establishment cost and inclusion details

- US$2,850 (In case of less than 5 shareholders / Capital of less than USD 1,000,000)
- Certificate of Incumbency

Opening a bank account

Seker Bank: USD 400

Annual license renewal fee

- US$1,550

 

Procedure:
1. Submit the required documents for the shareholder/director to be registered
2. Payment of establishment cost
3. Confirmation after confirming whether the name of the corporation is possible
4. Sign the incorporation document provided by our company and send it by international mail
5. Proceed with establishment after receiving documents
6. Incorporation
completion

 

Estimated lead time: 10-15 days

 

Document notarization fee for Seychelles corporation: 

Certificate of Incumbency: USD 260

Certificate of Good Standing: HKD 260

Other documents notarization fee: USD 200 / per set

** If you are requesting to establish a Seychelles corporation and open an account together, please notify us separately at the time of application.

   (After KYC confirmation, open availability and cost estimate are presented)

** In the case of cryptocurrency-related businesses, it may be difficult to proceed according to the recently revised legislation, so please inquire in advance.

 

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