Updated time: Jul 31, 2018 , 17:25 (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 Offshore Company Corp give 30 days’ notice, any fees still not paid within 180 days of the first penalty will lead to the company being struck off by the Registrar of International Business Companies.