Seychelles companies - you must keep transaction documents

[manager]

I was just informed that starting March 2012 you must keep all documents related to business transactions. (here is an article).


My questions:


1. how can I withdraw money for personal needs then? As far as I know this isn't a business transaction, and I can't get an invoice for this.


2. I am planning to move the company to Belize. Is it worth it? When do you think Belize will adopt the same rules?

 

[JohnLocke]

This would have been my main concern if at all! Looking at the‍ requirement it seems pretty simple and less complicated to full fill the outlined requirements in⁠ the article you linked to.
Belize is OK, but they have a register of companies⁤ where records are kept.

 

[pesto]

What I have to keep with company in Seychelles? and why?

 

[JohnLocke]

Well, at the end of the day a bank statement will do it. I really‌ don't see any complications with this new regulation.

 

[pontiacG8]

I got the same info, now here is the amendmend and the BIIIIG SCHOCK THAT‌ MAY COME TO YOU 😱mg:

Nothing and I repeat, NOTHING has changed compared to the‍ original regulations in the Seychelles. What has changes is that the SIBA finally executed and⁠ applied these regulations to the CSP's in the Seychelles. The GOOD NEWS , you just⁤ need to sign a document stating where these documents are, so they can be anywhere⁣ in this world. I say, this is not an issue for me and my companies⁢ at allthumbups

 

[drillbill]

I just signed this form, very simple and worth nothing 😱mg: doublethumbsup

 

[bosnia]

OMG - So no need to worry about accounting and so in Seychelles company right?‌

 

[ProCon]

Correct, of course you can keep own records, but nothing‍ to file in Seychelles... so much easier.

 

[nastathin]

Why are you here ProCon:s-confused: 5 Post's only‍ crap:evil:

 

[ProCon]

😉 always busy with other projects.... you also only have 22 😎