Keeping your Seychelles IBC in good standing means staying on top of yearly compliance. The Seychelles IBC annual renewal is a must-do every year on your incorporation anniversary. Missing it can lead to penalties or even removal from the official register.

What’s Involved in Seychelles IBC Annual Renewal?

Government License Fee: Mandatory payment due before your anniversary date.

Registered Agent & Office: Must remain active and updated in Seychelles at all times.

Updated Corporate Records: Keep shareholder, director, and beneficial ownership registers current.

Accounting & Compliance Docs: Maintain proper books and submit required declarations (e.g., Statement of Dormancy if inactive).

Economic Substance Reporting: Needed if your IBC earns passive income or is part of a larger group.

How to Renew Smoothly

Mark your renewal date early-fees are typically due up to 30 days before your anniversary.

Start the process at least a month ahead to avoid rush fees or late penalties.

Keep KYC documents (passport copies, proof of address) ready for your agent.