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What happens if a Seychelles IBC's fee stays unpaid?

Last updated: Oct 21, 2026, 17:46 (UTC+08:00)

Penalties of 10% and then 50% are added, and a company that stays unpaid can be struck off, which stops it acting and can freeze its account. Restoration is possible for a limited period by paying the arrears and penalties (confirm the current window with your specialist). A company you no longer need is cheaper to close on purpose.

Company strike-off

Source: International Business Companies Act 2016 (consolidated to 11 July 2025), Financial Services Authority, Seychelles

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