The authorities in Seychelles have published a document known as “Proposed Guidelines” whereby they approve among other matters an extension of the transitional period to 1st January 2013.
Please bear in mind the most relevant aspects of these amendments, namely:
A. ACCOUNTING RECORDS TO BE KEPT BY A COMPANY
B. LOCATION OF REGISTERS:
Copies of the Register of Directors and Officers and Share Register shall be kept at the registered office of the company or such other place in Seychelles as the directors may determine, and the company shall inform the registered agent of the address of the other place.
C. COMPLIANCE INSPECTION:
A new section 117 has been added to the IBC Act that will allow the Registrar to carry out compliance inspections on the documentation kept at the Registered Office for any IBC.