Overview
| Field | Value |
|---|---|
| Region | Africa |
| ISO 3166-1 | SC / SYC |
| Registry | Registration Division (domestic); FSA (IBCs) |
| Last updated | 2026-05-06 |
Identifiers
Collect two identifiers from each business customer in Seychelles and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | TIN | SRC (Seychelles Revenue Commission) |
businessInfo.businessEntityId | Company Number / IBC Number | Registration Division (domestic); FSA (IBCs) |
Sector regulators
CBS · FSA · FIU
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Domestic Private Company | (Pty) Ltd | Closely-held private company limited by shares incorporated under the Companies Ordinance 1972; share transfer restricted; principal domestic SME vehicle. Equivalent to a US LLC. |
| Domestic Public Company | PLC | Public company limited by shares incorporated under the Companies Ordinance 1972; shares freely transferable and may be listed on a stock exchange. Closest US equivalent: C-Corp. |
| International Business Company | IBC | Offshore share-capital company registered by the FSA under the IBC Act 2016; shares fully transferable; bearer shares abolished (Amendment Act 2021); not subject to Seychelles income tax on foreign-sourced income. Closest US equivalent: C-Corp. |
| Company (Special Licence) | CSL | Domestic company under the Companies Ordinance 1972 granted a special licence under the Companies (Special Licences) Act 2003; 1.5% flat tax; requires minimum two directors; used for international holding and headquartering activities. Closest US equivalent: C-Corp. |
| Company Limited by Guarantee | CLG | Incorporated under the Companies Ordinance 1972; members guarantee a fixed contribution on winding up instead of subscribing to shares; no profit distribution to members; used for non-profit, civic, and professional association purposes. Closest US equivalent: Nonprofit Corporation. |
| Limited Partnership | LP | Formed under the Limited Partnerships Act 2003; at least one general partner with unlimited liability and one limited partner whose liability is capped at contribution; does not have separate legal personality. Equivalent to a US LP. |
| General Partnership | — | Unincorporated association of two to ten partners under the Companies Ordinance 1972; all partners bear unlimited joint and several liability for partnership debts; registered with the Registrar General. Equivalent to a US General Partnership (GP). |
| Sole Proprietorship | — | Single natural person trading under their own name or a registered trade name; registered with the Seychelles Revenue Commission (SRC); no separate legal personality from the owner. Equivalent to a US Sole Proprietorship. |
| Foundation | — | Established under the Foundations Act 2009; registered by the FSA; separate legal personality; used for estate planning, asset protection, and charitable purposes; no members or shareholders. Closest US equivalent: Statutory/Business Trust. |
| Branch of Foreign Company | — | Registered place of business of a foreign company operating in Seychelles under the Companies Ordinance 1972; not a separate legal entity from its foreign parent. Closest US equivalent: Branch/Rep Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | Certificate of Incorporation |
| Constitutive Documents | Memorandum and Articles of Association |
| Tax Registration | TIN Registration Certificate |
| Operating Permit | Business Licence |
| Ownership Records | Register of Members |
| Governance Records | Register of Directors |
| Signing Authority | Any one of: Board Resolution · Power of Attorney |
| Address | Any one of: Lease Agreement · Utility Bill · Bank Statement |
| Good Standing | Certificate of Good Standing |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Certificate of Incorporation | Legal Registration |
| Memorandum and Articles of Association | Constitutive Documents |
| TIN Registration Certificate (SRC) | Tax Registration |
| Business Licence (SLA) | Operating Permit |
| Register of Members | Ownership Records |
| Register of Directors | Governance Records |
| Board Resolution | Signing Authority |
| Power of Attorney | Signing Authority |
| Lease Agreement | Address |
| Utility Bill (≤90 days old) | Address |
| Bank Statement (≤90 days old) | Address |
| Certificate of Good Standing (FSA / Registration Division) | Good Standing |
| Sector-Specific License | CBS licence, FSA licence |
Collection notes
- Legal Registration: Issued by Registration Division (domestic) or FSA (IBC). States company name, date, and registration number.
- Constitutive Documents: Required for domestic companies (Companies Ordinance 1972) and IBCs (IBC Act 2016). IBCs need not state objects; objects deemed unlimited unless restricted.
- Tax Registration: Issued by SRC within 24 hours of successful registration. IBCs without Seychelles-sourced income may present Tax Residence Certificate instead.
- Operating Permit: Issued by Seychelles Licensing Authority under Licences Act 2010. Required for all trades/businesses in the Schedule to the Act.
- Sector-Specific License: CBS for banking, bureaux de change, payment systems; FSA for securities dealers, insurers, IBC-related financial services, VASPs.
- Ownership Records: Register of Members held at registered office; not publicly accessible. IBCs with nominee shareholders must disclose the nominator in the register.
- Governance Records: Held at registered office; filed with FSA (IBCs) or Registration Division (domestic). Not publicly accessible.
- Signing Authority: Board resolution authorises signatories; General or Limited POA used for specific transactions.
- Address: Lease (no time bound) or utility bill or bank statement dated within 90 days.
- Good Standing: Issued by the Seychelles Financial Services Authority (FSA) Registrar of Companies. Attests that the entity remains on the Register, has paid all licence fees and penalties, is not subject to merger/consolidation/arrangement articles awaiting effect, and is not in winding-up or dissolution. Domestic companies receive an equivalent attestation via the Registration Division. Request a copy dated within 30 days; FSA issues a Certificate of Official Search in lieu when the company is not in good standing.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Director | CONTROLLING_PERSON | Manages company day-to-day; fiduciary duties under Seychelles law. |
| Authorized Signatory / POA Holder | LEGAL_REPRESENTATIVE | Holds Power of Attorney or board-granted signing authority. |
Notes
- Seychelles has two parallel corporate regimes — domestic (Registration Division) and IBC/offshore (FSA). Confirm which regime the entity falls under before requesting documents; document chains differ materially.
- The IBC (Amendment) Act 2024 (eff. 2024-12-18) and IBC (Amendment) Act 2025 (Act 9/2025) require IBCs with nominee shareholders to name the nominator (with NIN and TIN) in the Register of Members; compliance deadline was shortened to 2025-06-30. Verify compliance for any IBC with nominee structures.
- IBCs deriving income exclusively from outside Seychelles may not have a TIN — accept a Tax Residence Certificate from the SRC as the tax-ID artifact in that case.