Multiple businesses (share classes) through a single IBC?

[protonos]

Has anyone run multiple businesses through a single IBC? Or added share classes to their IBC?

I see under Seychelles IBC Act that a company can have more than one share class, and that a share class can represent ownership and dividends on a specific asset. Could I have XYZ IBC and then have Class A shares represent a specific property/business (ie. rental property) and then have Class B represent a different property/business (ie. farmland), whereas each class of shares would pay dividends to the investors related to their share class and specific asset/business?

 

[TacitusKilgore]

Possibly yes but you'd need to draft it up properly with a lawyer (I'm thinking‌ a specifically-written company constitution, which would most likely be expensive) and there would probably need‍ to be some weird way things are run and unorthodox concepts applied to the whole⁠ setup.

But Seychelles is remarkably cheap to set up in - why bother? Why not⁤ just set up an IBC for each business avenue? The legal documentation of doing what⁣ you're interested in is probably going to be a lot more expensive than just setting⁢ up one IBC for each business 😀