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How to set up a offshore company in Seychelles?

Well, I assume you are asking for a Seychelles company formation and if it is required that the bank account is opened in Cyprus, correct me if I'm wrong?

You can open an bank account for a Seychelles company anywhere you want and where the banks accept such an entity, so Belize, Mauritius, Seychelles, Latvia etc. no issues at all and it is not required to open the account in Cyprus of course.
Agree, a valid copy of passport or other photo ID and a utility bill not older than 3 months that's it, alternative, a credit card- or bank statement can be used.
Yes correct, just one of them!
How can I order a Seychelles company?
As always, submit a ticket here; More...