Struck-off Seychelles IBC

[chaltron]

Hello,

I understand that if renewal fees for a Seychelles IBC are not paid on time, the company will be struck off the registry. After one year of being in struck-off status, the company is considered dissolved.

I have noticed that the Seychelles Gazette (Official Gazette Republic of Seychelles) publishes a list of companies struck off every week, but I have never seen a specific company in Seychelles whose renewal fees were not paid and should be in struck-off status.

How can this be possible? Maybe the Registered Agent has sold the IBC as an aged company to another customer?

Thank you.

 

[Sols]

chaltron said:
How can this be possible?
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Clerical error (not entered), user error (simply missed it), it isn't a Seychelles IBC (other jurisdiction or entity type), or it's not struck off (yet).

chaltron said:
Maybe the Registered Agent has sold the IBC as an aged company to another customer?
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Yes, that is possible.

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This is the probably the answer to your question.

 

[frascaro]

How much does it cost dissolving a Seychelles IBC?
And how much time does it need?

 

[Nw1]

chaltron said:
Hello,

I understand that if renewal fees for a Seychelles IBC are not paid on time, the company will be struck off the registry. After one year of being in struck-off status, the company is considered dissolved.

I have noticed that the Seychelles Gazette (Official Gazette Republic of Seychelles) publishes a list of companies struck off every week, but I have never seen a specific company in Seychelles whose renewal fees were not paid and should be in struck-off status.

How can this be possible? Maybe the Registered Agent has sold the IBC as an aged company to another customer?

Thank you.
Click to expand...

How much is their renewal cost?

 

[frascaro]

It depends on your RA. As average from about 200 to 500.

 

[Nw1]

frascaro said:
It depends on your RA. As average from about 200 to 500.
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RA means revenue annually?

 

[apres777]

Nw1 said:
RA means revenue annually?
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I assume it means Registered agent. (your service provider)

 

[daniels27]

apres777 said:
I assume it means Registered agent. (your service provider)
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Normally, it means "Rechtsanwalt" that's how the German speaking dudes there write their names "RA Peter Meyer". 🙄