IBC company establishing in Seychelles and bank account

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ersincetin

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Apr 4, 2020
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I wanna establish offshore company in Seychelles and wanna bank account. And I saw in Seychelles government cost is max 2500 SCR, around 80usd but consultant companies wants around 1000 EUR. It is too expensive. How I can make it appropriate cost? Then wanna open bank account and also I see it is free cost in Euro Pacific Bank. Please I need your recommendations
 
Where did you get these prices from 😀 There are countless providers if you Google or‌ in the Mentor Group Resource that can sell you a setup for less then 1000‍ US$ for company and bank account. If you don't have the 1K then you don't⁠ need a offshore company.
 
Depending on where you live, it's usually cheap or free to become a sole proprietor‌ or even form a company.

Don't bother with an offshore company if 1,000 EUR is‍ too much.
 
this is not a matter of 1000 eur, I am trying to understand, the requested‌ fee is 80 usd but the consulting firm wants 1000 eur, I ask this, I‍ question whether there is a possibility to apply directly, but it is misunderstood, still thank⁠ you for your comments
 
The agents definitely help. They have local mailing address, also often these fees are for‌ other services such as nominee directors (protecting your privacy), notarization of documents by a Seychelles‍ notary, etc.

I think for most people, it is worth going through an agent for⁠ these obscure jurisdictions.
 
thank you for your good answer, I⁤ wanna learn this situation .Also I heard local consultant companies is better Could you give⁣ me any local agent information? I wanna contact with them. Also Do you know after⁢ we issue company, where I can open bank account?
 
Thanks for the feedback on this provider and also⁠ to @Sols for the link. It's the right way to go to avoid the most⁤ of the trouble some can face if just Googling one.
 
Your banking cost will typically be 1,000€ - 5,000€ a year with most banks that accept off-shore accounts. You can go with non-reputable banks but you will likely have problems when trying to withdraw the funds.

The fee that you mention of 2500 SCR is for on-shore companies, if you want an off-shore IBC in Seychelles, the government fee is around 400$ - 600$. Nobody can register directly with the registrar, you need to have a local agent that is responsible for keeping track of the shareholders of your company, the directors etc. This local agent will charge you 1,000$ + the government fee if its a serious agent.

I would highly discourage you from going to cheap providers as it frequently happens that they go bankrupt and there are countless court cases of local agents forging signatures etc.
 
After establishing company in Seychelles,︃ where I can open bank, your recommendations? Then China customer will send around 1million usd︄ to this bank, and I transfer this money to Turkey, Is there any problem for︅ me?
 
You don't need introducer for bank one
445 pounds⁠ for bank account still is not bad if you want them to help you with⁤ application
 
Is anyone still sitting with a Seychelles company or consider to setup a new one‌ for purpose to make investment in stocks or other paper assets?
 
Most will have left the boat back then, I can't imagine what use you have‌ for a Seychelles company today! Maybe some business people with real business doing business in‍ Asia.
 
Actually Sey cos, still work on operations other than as mere personal holding companies. Even‌ as operational companies they still do!
 
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