Seychelles overview
Basic Facts
- African Union member country
- African highest nominal per capita GDP country
- Seychellois rupee (SCR) currency
- Legal system is a mixture of civil law and common law
- Political stability | Attractive tax system
- Double taxation agreements with more than 25 countries
- Business friendly environment
- English and French speaking
Reasons for doing business in Seychelles
TOP 3
Appealing tax exemptions for various industry sectors
Territorial system of taxation
- i.e. CIT/personal income tax is charged on the profits / income sourced in Seychelles only
Seychelles IBC (International Business Company)
More advantages
- Seychelles IBC (International Business Company) is by far the most popular business form
- Variety of other business forms available such as Trust (Seychelles International Trust /SIT/), Foundation (Seychelles Private Interest Foundation /PIF/), Protected Cell Company (PCC) and investment funds
- No capital gains tax, no tax on dividends, interest, royalties, or property tax for IBCs
- IBCs exemption on stamp duty regarding transfers of properties and securities
- No audit requirement and no obligation for filing annual accounts with local authority for IBCs
- Tax exemption on companies engaging in a broad range of sectors, including business services, professional and technical services, accommodation and recreation
- Loss carry forward available for up to 5 years with no annual ceiling
- Tax exemption for investment funds including those investing in real estates
- Advance Tax Rulings available
- No inheritance tax
Company formation in Seychelles
Do you need to establish a company in Seychelles? Then to administer it?
Are you interested in setting up a trust or foundation in Seychelles?
Are you looking for a reliable lawyer or accountant in Seychelles?
Are you considering setting up an investment, hedge fund?
Are you aware of advantageous funds regime in Seychelles?
Do you want to structure your international business in a correct way?
You do not know yet what do you actually need?
Well, contact us at any time, we are ready to help you to find the right answers and workable solution for your specific needs.
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