Is it true that Seychelles company has no share capital at all?

[orangeye]

Need to know if it is true that a Seychelles company don't have share capital?


I looked in the application and it says no share capital required :S -confused:

 

[JohnLocke]

At least it is true that you don't need to pay in the share capital!‌

 

[EliasIT]

LoL :angel: all companies have Share Capital the question is if you need to pay‌ in the share capital! Most countries require the share capital to be paid but can‍ be used for investments i.e. office furnitures etc.

 

[system32]

As EliasIT says, there is no requirement to pay up the share capital for a‌ Seychelles company!

 

[orangeye]

New here... why has a Seychelles company then the term 'share capital' sorry to ask‌ for this!

 

[JohnLocke]

You may want to read the following article: Offshore Company Forum - What is difference‌ of authorized share capital and paid up sharecapital?

Hope it clarify your questions, otherwise feel‍ free to reply 😉

 

[nastathin]

Makes sense.. I hear the share capital can be USD 1 million for a Seychelles‌ company is there any limits on when this has to be paid in if at‍ all?

 

[JohnLocke]

Yes the share capital can be USD 1 million, actually it is done so by‌ default. There will not be any liabilities to pay in the share capital at any‍ time!

 

[Belarious]

And you can guarantee that we never have to pay in the 1 million USD‌ 😱mg:

 

[JohnLocke]

Yes 100% 🙂

 

[bitotan]

So no share capital is required, how can it be? I read that it is‌ the same for Cyprus company or not true?

 

[SysOp]

Seychelles as well Cyprus don't requires the authorized share capital to be paid in, thats just like it is.

 

[unknown]

Seychelles as well Cyprus don't requires the authorized share capital to be paid in, thats‌ just like it is.

 

[JohnLocke]

Second that!

 

[bitotan]

Actually it has share capital, however, you don't need to pay⁠ in the share capital 😉

 

[cosmo]

What is max share capital a Seychelles company can have?

 

[JohnLocke]

There is actually not a limit, the standard share capital for a Seychelles company is‌ USD 1 million and it don't need to be paid in!

 

[orangeye]

I learned you don't need to pay in the share capital also called the authorized‌ share capital in an Seychelles IBC.

 

[offshorehosting]

That's good news. I was afraid that I had to pay in the 1 million‌ $ in share capital.

 

[JohnLocke]

Again, there is no need or requirement at any time to pay in the authorized‌ share capital of a Seychelles company! Also NO ONE will ever require you to pay‍ it in, not now, not in 5 years not in 20 years!