08 January 2014
SEYCHELLES INTERNATIONAL BUSINESS COMPANIES (AMENDMENT) ACT 2013
- the company is keeping accounting records in accordance with the IBC Act and such accounting records can be made available through its registered agent; and
- the share register located at the registered office is complete and updated.
A company that contravenes the requirement of record keeping shall be liable to a penalty of US$100 and to an additional penalty of US$25 for each day during which the contravention continues. If a director of a company who knowingly permits the company to contravene this section shall be also liable to a penalty of US$100 and to an additional penalty of US$25 for each day during which the contravention continues.
For clients that has bearer shares, please contact us immediately for provision of alternative procedures in place of your bearer shares.
Please feel free to contact us should you require more information on the above.
(852) 2574 8289
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