Business or Pleasure, Seychelles has it all

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Business or Pleasure, Seychelles has it all
1888 PressRelease - Whether you are concerned
with the stability of the macroeconomic
environment, or high taxes in foreign countries,
Seychelles is not only the jewel of Africa, it is
also fast becoming one of the most sought after
business hubs in the world. Creating an
environment where business owners are exempt from
local taxes, the increase in business between not
only Africa and Europe but also Africa and Asia
is noteworthy. ICO Services is now offering
businesspeople around the world the opportunity
to make use of their services in terms of setting
up an International Business Company (IBC). Not
only do you benefit from a user friendly set-up,
this is also the most popular and easily
recognised international business type.
Seychelles Repositioned Long thought of a just
another honeymoon spot or a place for rest and
relaxation, Seychelles has often been overlooked
where its relatively easy business set up is
concerned. Sub Saharan Africa may not be known
for ease of doing business, however, Seychelles
enjoys a sizeable portion of upper middle income
earners, which adds a fundamental building block
to ensuring relative ease in setting up business.
According to analysts from the World Bank's Ease
of Doing Business platform, the Seychelles rank
in at 85th where the ease of doing business is
concerned, two slots up from last year. Not only
does it rank pretty high up, the Seychelles have
a stable jurisdiction and a very good reputation
in the international business community. They are
also very concerned in terms of ensuring that the
ease of doing business is continuously improved,
in order to keep up with international trends.
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Conformance to International Business Companies
Act (IBCA) (Act 24 of 1994) Setting up
international business can be daunting where the
company laws that govern said company may be
unclear or unknown. With Seychelles conforming to
the International Business Companies Act, this
makes setting up and running a business in
Seychelles relatively easy to understand and
manage from a documentation point of view. A
favourable fiscal position and lower debt really
sets Seychelles up for a good run. Accounting
practices need to conform to the IBCA which
ensures that the way business is done on the
international stage is not only a true reflection
of the actual operations, but also increases
confidence in dealing with these businesses.
Peace of Mind If the idea of having your
international business information available for
all to see, may leave you doubting whether having
an IBC is the best decision. Seychelles has taken
this matter out of the equation altogether, and
now peace of mind of limited access to this
information protects the director and
shareholding information from the general public.
This encourages more trade with companies
established in Seychelles, which benefit all
parties concerned. Add to this the fact that the
registration of an IBC in the Seychelles only
requires one director and one shareholder. Once
the decision has been made on the parties
involved, the actual registration of the company
is done with relative ease. Seychelles compares
well with the rest of Africa, or rather, the norm
in Africa in terms of registration and other
business processing, for instance, obtaining
business permits and such. Connected According
to the World Economic Forum (WEF) Networked
Readiness Index (NRI) 2014, Seychelles boasts an
incredible information infrastructure and
isranked as the top African country where
information and communications technology (ICT)
is concerned. This as incredible feat when taken
into consideration that the total population for
the Seychelles can fit into a world class
football stadium.
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For more information, visit http//www.icoservic
es.com/offshore-company-formation-seychelles.html
http//www.icoservices.com