International Business Companies (IBCs) is the most prevalent and flexible offshore formation type in Seychelles. Like most offshore companies, Seychelles IBCs act as an effective vehicle to engage in international trading and investment activities.

An IBC company is not subject to tax in Seychelles (and can be considered as the equivalent of the Mauritius Authorised Company). A IBC company should not pursue business within the territory of the Seychelles (except, of course, it may enter into business with any other Seychelles IBC`s).

An IBC can conduct any business activities other than the following: banking, financial services, carrying out the business as insurance, re-insurance company, providing of registered office facilities, nominee services, directorship services, secretarial services or other services for corporations, providing trusteeship services by way of business.