Do you need to be resident to set up a company in Seychelles?
Seychelles’ laws do not require residency to incorporate any company, but there are specialised industries that require certain shareholding percentages.
What information is needed for a company to be set up in Seychelles?
All companies must have a minimum of two shareholders and two directors, a secretary and a registered address of where the company will be situated. The memorandum of association and articles of association are tailored to suit the needs of each company.
Can foreigners buy land in Seychelles?
All non-Seychellois persons need to apply for government approval to purchase property. The process is rigorous and requires in depth information with the application presented.
Can my children born outside of Seychelles and who are not Seychellois inherit my property in Seychelles?
Yes, there is no requirement for residency or citizenship to inherit land owned by one’s parents.
What is the minimum notice period to terminate a lease agreement?
If the lease agreement is silent the law implies that a lessor needs to give their tenant one month’s notice to vacate the premises.
Can a landlord take possession of their premises after termination of the lease?
If the tenant has not vacated the premises, the landlord must go to court to request an order of eviction and cannot take the premises until the order is granted.