Updated time: Dec 28, 2015 , 17:43 (UTC+08:00)
The annual licence renewal fee for Seychelles IBCs is due on the day before the company’s incorporation anniversary date.
Penalties are applied as follows:
- 10% penalty fee if the payment is not settled before the due date
- 50% late penalty fee if the payment is over 90 days late
After OffshoreCompanyCorp giving a 30-day-early notice, non-payment of fees over 180 days from the first penalty will lead to be struck-off by the Registrar of International Business Companies.