Structure and Registration Procedures of Offshore Companies

Does the International Business Company need to have an initial lump-sum of capital?

No. There are no minimum paid-up capital requirements for a Seychelles IBC. The owners of the IBC may freely decide as to the amount of the authorized capital to be stated in the IBC formation documents. The law does not prescribe any deadlines as to when the authorized capital must be paid-up - this is for the shareholders to decide. As in many other offshore financial centres, it is acknowledged in Seychelles that a private company may start its business with any amount of capital, or no capital at all.