Seychelles: AMENDMENT TO THE INTERNATIONAL BUSINESS COMPANIES ACT
- VISS
- Jan 1, 2025
- 1 min read
DECEMBER 2024: https://www.viss.com.hk/so/fcPGOOsM9?languageTag=en
Striking Off
Following section 272 of the International Business Companies, we present the amendments made to the Striking Off of companies due to non-payment of annual fees.
The amendment modifies the timeframe for a company to be struck off the register if it fails to pay its annual fee or any late payment penalty accrued thereafter. A company that does not pay its annual fees within 180 days of the due date will be struck off the register.
Key note:
