1.

Register of Members
in Seychelles
or

Action Required:
Each IBC needs to ensure that it maintains its register of members in Seychelles. Where
an IBC does not currently maintain its register of members in Seychelles, it must resolve
to maintain such register in Seychelles and ensure that such register is transferred to
Seychelles.
2.

Register of Directors & Officers

Action Required:
Each IBC needs to ensure that it provides its registered agent with the relevant
information to allow a register of Directors and Officers containing the information set
out above to be maintained.
3.

Registered Office

same
Action Required:
Each IBC should ensure that its registered address is the same address as that of its
registered agent.
4.

Accounting Records

true and fair view

Action Required:
Each IBC should ensure that it maintains adequate accounting records and, where such
accounting records are not maintained at the registered office of the IBC, inform its
registered agent of the physical location as to where such accounting records are kept.
5.

Records of Minutes & Resolutions

Action Required:
Each IBC should ensure that where the copies of minutes of meetings and resolutions
relating to its affairs are kept at a place other than the registered office of the IBC, the
IBC should inform its registered agent of the place at which such minutes and resolutions
are kept.
6.

Official Search

Note:
It will no longer be possible to obtain details of charges that have been registered against
the assets of an IBC from the Seychelles International Business Authority. Only the
existence and number of such registered charges will be made available.

1.

Accounting Records

true and fair view

Action Required:
Each Limited Partnership must maintain adequate accounting records and ensure that its
General Partner maintains a written record of the place where such accounting records
are kept.

1.

Appointment of Beneficiary

Note:
Need to be aware of the requirement to include such information in the establishment of
any new foundations.
2.

Accounting Records

Action Required:
Each Foundation m ust maintain adequate accounting records and ensure that its
Registered Agent is kept informed of the place where such accounting records are kept.
3.

I nformation to be contained in registers

Action required:
Each Foundation must provide its registered agent with the relevant information to allow
the registers required by law to be maintained.

4.

Register of Beneficiaries

Action Required:
Each Foundation must ensure that its registered agent is provided with the relevant
information to allow a register of beneficiaries to be maintained.
5.

Register of Founders

Action Required:
Each Foundation must ensure that its registered agent is provided with the relevant
information to allow a register of founders to be m aintained.
6.

Compliance I nspection

Action Required:
Each Foundation must ensure that its registered agent is provided with the relevant
information to allow its registered agent to facilitate any compliance inspection and to
respond to requests from the Registrar in relation to the foundation.
7.

Direction from the Court

Note:
Each Foundation should be aware of the new law allowing a councillor to seek directions
from the Supreme Court of Seychelles with respect to the manner the council is to act in
respect of a decision affecting the Foundation.

1.

Trustee

Action Required
Each International T rust must ensure that at least one of its trustees is a company
licensed under the International Corporate Service Providers Act to provide international
trustee services.
2.

Accounting Records

true and fair view

Action Required:
Each International T rust must maintain adequate accounting records and, where such
accounting records are not maintained at the trustees principal place of business keep a
written record of such other place at its principal place of business in Seychelles.
3.

Registers

Action Required:
Each International T rust must ensure that its trustees are provided with the relevant
information to allow a register of trustees, beneficiaries and settlors to be maintained.
4.

Compliance I nspection

Action Required:
Each International T rust must ensure that its trustees are provided with the relevant
information to allow such trustees to facilitate any compliance inspection and to respond
to requests from the Registrar in relation to the I nternational T rust.