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Company redomiciliation from Belize to the Seychelles. procedure of jurisdiction change

The procedure of redomiciliation of a company consists in a change of the country of incorporation while retaining all existing business relations. The national legislation of the country where the company is incorporated as well as its Memorandum and Articles of Association must allow the transfer of a company to another jurisdiction (not all countries permit redomiciliation).

In order to redomicile a company to Seychelles it must be in good standing and have no debts to state authorities in Belize.

Procedure of redomiciliation of a company from Belize to Seychelles:

1. Check the current company name with the Seychelles Registrar of Companies for availability.

The name cannot coincide with the name of any existing company in the Seychelles. If there is a match, the current company name must be changed.

2. Prepare in Belize a set of company documents required for the change of jurisdiction.

3. Preparing the set of documents in Seychelles:

  • Director’s Certificate in accordance with article 212(2)(b) of the Companies Act (original);
  • Articles of Continuation that show amendments to the Articles of Association of the company (three copies);
  • new version of the Memorandum and Articles of Association prepared in accordance with laws of Seychelles (three copies).

4. File the set of documents with the Seychelles Registrar of Companies.

5. Receiving the new registration number and the Certificate of Continuation confirming that the company is incorporated in Seychelles.

From that moment on the company continues under the legislation of Seychelles.

6. In order to complete the redomiciliation (“discontinuation”),

submit to the Belize Registrar of Companies copies of documents certified by the registered agent.

7. Obtain from the Belize Registrar of Companies a Certificate of Discontinuance

which confirms the striking off of the company from the Belize Register, so that the company can continue in another Register.

Redomiciliation of a company to Seychelles on average takes two months.

Service
fees
*

Services
Fee (USD)
Supporting the company’s redomiciliation from Belize, including preparation of a set of documents to change the jurisdiction to the Seychelles (outgoing part)
4 345**
Supporting the company’s redomiciliation to the Seychelles (incoming part), not including registered office
3 025
Registered office in the Seychelles for the first year
1 335
Compliance fee
Payable in the cases of:
- renewal of a company,
- liquidation of a company,
- transfer out of a company,
- issue of a power of attorney to a new attorney,
- change of director / shareholder / beneficial owner, except the change to a nominee director / shareholder,
- signing of documents.
275 (standard rate, includes the check of 1 individual)
+ 165 for each additional individual (director, shareholder, or beneficial owner) or legal entity (director or shareholder) if such legal entity is administered by GSL
+ 220 for each additional legal entity (director or shareholder) if such legal entity is not administered by GSL
385 (fee for High Risk companies – includes check of 1 individual)
110 (signing of documents)

*The service fees are effective as of the date of sending the offer.

**The stated service fee is basic. The final assessed service fee for redomiciliation of a company to Seychelles and preparation of the necessary set of documents depends on the policy and requirements of the company’s registered agent in its country of incorporation.

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from USD 7 645
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