Surely the first thing you think when you are mentioned Seychelles is in sun sea and sand for its 150 islands. But the truth is that this archipelago located north of Madagascar, is a member of the Commonwealth of Nations and has a solid and well-structured political system, in the same way that it has a legal system of customary law.

Among the features that highlight this region is its financial system, which has different services to offer to offshore banking. We can find the registration of companies or IBC as a perfect example.
Opening an offshore account in this jurisdiction can bring with it many benefits.

One of the main ones is its confidentiality, which is a guarantee offered by the laws of the country. Its currency is the rupee and the main economic engine of this nation is tourism, which becomes an attractive point for foreigners. Lately it is easier to open accounts in other jurisdictions when you have a bank account in Seychelles.

You may wonder who can open an offshore bank account, and virtually any investor has the possibility, although they should keep in mind that banking entities tend to reserve the right to accept or reject an application.

To make a summary of the benefits you can get by creating an offshore account, find that the process is carried out in a very short time when the documents are up to date and legal, you also have the possibility of carrying out your procedures remotely as long as you have a power of attorney. In addition to this, for foreigners no taxes are applied to their accounts.

An offshore bank account in Seychelles comes with a credit card that adapts to the client's requirements, with the option to handle any international currency and handle currency transfers, including also online services to perform operations from anywhere in the world.

What are the requirements to open a corporate bank account in Seychelles?

To open an offshore account in this jurisdiction you need to follow a series of requirements among which we have:
A Copy of the deed of incorporation of the company. In the same order of ideas, vouchers are needed that give detailed proof of the condition and operation of the company and the account statements.

Passport copies and different identification documents of partners and managers to confirm their identity. Any utility bill or proof of residence.

What are the requirements to open a personal bank account?

Opening a personal offshore account for non-residents is simple when you have the right guidance, which is why the Foster Swiss team takes care of almost the entire process for you, from choosing the country to creating your bank account.

The basic requirements to open an offshore account are a copy of the valid passport, some document that proves your residence address, and a letter of recommendation that is issued by a bank.