Can Seychelles offshore companies conduct business activities within the jurisdiction

Seychelles offshore companies can’t conduct business within the jurisdiction. However, they are allowed to engage in business activities as long as they are not conducted within the jurisdiction where they were incorporated. If you are planning to setup an offshore company in Seychelles, then setup only when you are planning to operate outside the jurisdiction.

Seychelles Offshore businesses have registered office addresses in the country of incorporation, which helps companies, as they can profit due to lower tax rates. International corporations are exempted from stamp duty and other local corporate tax laws as long they are not doing any business in the local market in Seychelles. Seychelles IBCs allow you to keep track or keep an account of business expenses. You can utilize it to keep your earnings and pay fewer taxes. 

One can open a multi-currency bank account. This helps in protecting and keeping the wealth intact and protecting the value loss due to large currency fluctuations. 

Hence, Seychelles offshore companies provide many benefits for businesses incorporating in Seychelles. This results in a good number of offshore incorporations in Seychelles, though you cannot conduct business activities within the Seychelles jurisdiction.