Seychelles IBC - Cost for amendments? (Authorized Share Cap, USD to EUR)

[protonos]

Anyone know what a typical cost is to make amendments to a Seychelles IBC after incorporation, specifically to INCREASE AUTHORIZED SHARE CAPITAL and CHANGE STANDARD CURRENCY (USD TO EUR)?

 

[Sols]

It varies a lot. You can expect anything from a few hundred to even a few thousand EUR in costs. It depends on the service provider and the complexity of making these amendments (for example, how many shareholders there are).

But if we assume it's a single shareholder/director company and you're using some average corporate service provider (not the cheapest, and not an expensive law firm), I would suspect the cost to be in the range of 500 - 1000 EUR.

 

[protonos]

Thanks. Probably cheaper to just form a new company then.

 

[James Turner]

@protonos I would definitely say it is cheaper to create a new company than to make the changes mentioned.