Urgent Notice for Seychelles Company Owners: Act Now to Avoid Dissolution

In light of recent changes to Seychelles’ company regulations, the Seychelles Financial Services Authority (FSA) has announced a new enforcement procedure regarding unpaid annual fees. If your company has any outstanding fees, you must settle them by March 31, 2025, or risk being struck off the official register. This new regulation will be fully enforced from April 1, 2025, and businesses that fail to comply will face immediate dissolution.

Businesses in Seychelles should aware clearly about the new regulations to follow the changes

Key Deadlines and Implications:

• March 31, 2025: The final date to pay any outstanding annual fees.
• April 1, 2025: Companies that do not pay by this date will be struck off the register and dissolved.
• December 31, 2024: Companies with more than 180 days of unpaid fees by this date will be dissolved starting January 1, 2025.

Failure to settle your outstanding fees by the March 31, 2025 deadline will result in your company being permanently struck off the Seychelles register. Once dissolved, it will no longer be possible to restore your company unless you go through a lengthy legal process, which requires legal assistance and court proceedings.

What You Should Do Immediately:

1. Review Your Company’s Payment Status: Ensure that your company has no outstanding fees. If there are any, they must be paid before March 31, 2025.
2. Make Payment Now: Pay all fees to ensure your company’s compliance with Seychelles regulations.
3. Get Assistance If Needed: If you’re unsure about your company’s status or need help with payment, reach out to us for assistance.

Why This Is Important for Your Business:

Non-compliance with Seychelles' new regulations risks company dissolution, costly restoration, and business disruption.

Failure to comply with these new regulations will lead to your company being struck off and potentially losing its legal standing in Seychelles. Restoration after a company has been dissolved will be a complex and costly process, and will require professional legal assistance. This can be a significant disruption to your business operations and reputation.

How One IBC Can Assist You:

At One IBC, we specialize in providing comprehensive services for company formation, compliance, and maintenance. If your business is registered in Seychelles, we can help ensure you meet the new requirements and settle any outstanding fees. Here’s how we can support you:

• Annual Fee Payment Assistance: We can assist you in verifying and paying your outstanding fees.
• Legal Consultation: Should your company be at risk of dissolution, our network of experienced legal professionals can guide you through the process of restoration.
• Company Compliance Services: One IBC provides ongoing support to ensure your company remains compliant with local regulations.

Don’t risk your company’s future – contact One IBC today to ensure your company stays in good standing and you remain compliant with Seychelles' new regulations.