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Seychelles Company Restoration

We can restore a Seychelles company after it has been struck off by the Seychelles Financial Services Authority, within 10 years following the strike off date and apply to the court to have the company restored to the Register.

In order for a struck off company to be restored by the Seychelles Registrar the following fees must be paid:

  • Overdue Government licence fees
  • Penalty fees owed to the Seychelles registry
  • Seychelles Restoration Fee
  • Payment of all unpaid agent fees
  • All Annual Returns will need to be drafted and filed in the Seychelles
  • Filing fees to the Companies Registry on the restoration application
  • As per the IBC Act of 2016 the IBC will need to during restoration file their directors register with the registry to ensure that they are compliant once restored

Once your company has been restored to the register it is considered to be in Good Standing and deemed to have never been struck off the Register.

The company that has been struck off the Register remains liable for all claims, debts, liabilities and obligations of the company, and the striking-off does not affect the liability of any of its shareholders, directors and officers.

Seychelles Company Restoration Fees

  • Our Assistance Fee to Restore Seychelles Company – £600
  • Seychelles Government Restoration fee – US$630
  • Seychelles Government fees and penalties per year struck off – per year US$470.50
  • Amendment of Articles US$150
  • Amendment of Memorandum US$150
  • Filing Register of Directors US$25
  • Filing of Register of Beneficial Owners US$75
  • Drafting Resolution to appoint new Seychelles Registered Agent – £200
  • Filing fee to appoint new Registered Agent – US$52.50
  • Drafting and filing each annual return – £120
  • Certified Documents to the Seychelles Registry – £70
  • Certified Documents to the Seychelles Registered Agent – £70
  • Gazette Newspaper Notices – US$75
  • Registered Office and Resident Agent fee per year struck off – £420
  • Due Diligence fee – per Director & Shareholder – £80
  • Company Search – £80
  • Court fee if necessary, around US$3000
  • 3% Transfer fee – for penalties, fees and charges to the Seychelles – to cover exchange rate changes, bank charges and fees

Late payment of the government filing fees in the Seychelles will result in a 50% late penalty fee.

Seychelles Company Restoration Costs

  • Obtain a Company Search report
  • Obtaining and perusing relevant filings and various related documents
  • Drafting and completing the documents necessary for the application
  • Drafting the Restoration Order
  • Serving documents and communicating with the Registrar of Companies
  • Advertisement – if required
  • Filing the application with the Court if necessary
  • Attending court hearing

Disbursements and Expenses:

  • Outstanding filing fees on annual returns
  • Penalty for late filings and other penalties
  • Court filing fees
  • Under the IBC Act of 2016, all active IBC need to file their directors register with the registry to ensure that they are compliant
  • Filing fees to the Companies Registry on the restoration application

Seychelles Court Restoration

Under Seychelles law the company having been struck off for 7 years, the company is dissolved.

Companies which are struck off, but not yet dissolved is restored by the Registrar upon receipt of  payment of restoration fee and annual fees and penalties for the outstanding years.

When the company is already dissolved, restoration of the company is by the Court, under S.277 of IBC Act 2020.

The lawyer’s fees are $4000 to represent the company in the Court and given the pandemic the Court decision will take up to 9 months.

Transferring Registered Agent

We can restore your Seychelles company and transfer the registered agent to ourselves.

For us to arrange the transfer and restoration of a Seychelles company we would need the following:

  • Incorporation documents – Certificate of Incorporation, Memorandum & Articles
  • Register of Directors and Shareholders
  • Due-Diligence for the Directors and Shareholders
  • Details of the Company Activities
  • Copies of filed Annual Returns

Once restored an apostilled Certificate of Good Standing can be ordered.

Company Directors and Shareholders

When a Seychelles company is restored, the previous Directors, Company Secretary, Shareholders and Registered Office are automatically assumed to have continued and shall be deemed never to have been struck off.