Is it really true I can't setup an IBC in Seychelles?

[aimzieslol]

Have been shopping around for a firm that will provide "registered agent" services.

One replied‌ back called "International Corporate Agents Limited" (ibcagent.com). They want to charge 450 Euro for a‍ slew of services. What they're offering is actually pretty inexpensive, considering.

I don't mind (might⁠ even masochistically enjoy) the bureaucracy of filing corporate paperwork, so I write her back that⁤ I just need registered agent services-- I'll handle the rest.

She fires back telling me⁣ that:

Seems strange︁ to me, so I probe a bit more and show her the links/resources I have︂ from doing some research:

And we end up with:

My question to︌ the forums: Is that really true?

 

[JohnnyDoe]

Yes, like in most offshore jurisdictions

 

[KDX]

Also, be aware the Seychelles is a very gray/blacklisted territory. May I ask what purpose‌ this IBC would be for?

 

[hernanday]

What are the main downsides‍ of using a grey/black list territory anyways?

 

[KDX]

Hard to access banking/EMI, increased KYC, etc. basically a good idea to avoid‌ unless you have to.

 

[fortunespeculator]

Yes it is true︀

 

[Meta]

If you click that links for registration you will notice that some are "404 not‌ found", some are occupied by ads and the domain of Seychelles International Business Authority is‍ for sale.
I don't know if it's possible to do it yourself online, but I'm⁠ pretty sure that nobody does that and you will save time and money going with⁤ agents.
Cheers.