Hong Kong, Hong Kong (PressExposure) February 23, 2009 -- The Seychelles has the ideal conditions to help offshore companies facilitate their operations and increase their profits, according to leading company incorporation specialists, Zetland Fiduciary Group.
The Seychelles has seen a surge in International Business Company registrations in recent years. New registrations grew by 45% from 2005 to 2007, and early indications for 2008 suggest a further 50% increase from 2007. Despite this, the total number of registrations is significantly less than other traditional offshore jurisdictions, making the Seychelles an ideal venue for businesses looking to take advantage of offshore conditions.
Key features of the Seychelles as an offshore jurisdiction include: â¢ Seychelles IBCs are 100% tax free â¢ Confidentiality is guaranteed by law, with a court order required to disclose shareholder's identity â¢ No minimum or maximum capital requirement â¢ Only one director or shareholder is required â¢ No need to file accounts with the registrar â¢ Competitive license fees which are fixed for life - currently US$100 annually
The Seychelles is also centrally placed for several major time zones, with its operating hours falling within business hours for Europe, Asia, Australia, Russia and the Middle East.
Zetland Fiduciary Group sees the Seychelles as "forward-thinking" and "well-regulated", according to company spokesman David Campbell. According to Mr Campbell, "the Seychelles offshore financial services sector is very well placed to further build upon the already excellent reputation it has earned, as a credible, stable, client focused jurisdiction."
In the Seychelles, Zetland is located in the top floor of the Capital City Building located in the heart of Victoria, the capital city of Mahe, the largest of the Seychelles Islands.
About Zetland Fiduciary Group:
The Zetland Fiduciary Group - http://www.zetland.biz - provides the offshore investor with fiduciary Services, investment management and corporate advisory services, offering personal service and professional advice with total confidentiality.
For more information please contact:
Jason Weatherhead Zetland Fiduciary Group Email: jason ( @ ) zetland dot biz