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Seychelles

Seychelles: Business Overview

About Seychelles

Seychelles is an archipelago located in the Indian Ocean, northeast of Madagascar. Comprised of 115 islands, the nation has a population of around 100,000 people. Seychelles is known for its pristine beaches, lush landscapes, and rich biodiversity. The country’s economy relies heavily on tourism, fishing, and financial services. Seychelles has maintained political stability and is regarded as a safe, secure destination for both residents and businesses. Its strategic location between Africa and Asia makes it an attractive hub for international business and investment.

Major Cities and Financial Hubs

Victoria, the capital of Seychelles, is the nation's primary financial and administrative center. Located on the main island of Mahé, it is home to many government offices, banks, and financial institutions. Victoria also hosts a modern port that serves as a key trade and maritime hub in the region. Other important islands include Praslin and La Digue, which, while smaller, contribute to the economy through tourism and fishing.

Infrastructure and Connectivity

Seychelles offers a well-developed infrastructure that supports international trade and business. The country is served by Seychelles International Airport, located near Victoria, which offers flights to several major international destinations, including the Middle East, Africa, and Europe. The nation’s port in Victoria is vital for maritime trade and logistics, handling significant imports and exports. While Seychelles has a modern telecommunications system, its island geography requires ongoing investments in improving digital infrastructure to support growing business needs.

Economic and International Relations

The economy of Seychelles is diversified, with tourism, fishing, and financial services playing key roles. The government has been actively promoting the development of the offshore sector, making Seychelles a popular jurisdiction for international companies seeking tax-efficient corporate structures. Seychelles maintains strong international relations, particularly with African, Asian, and European countries, and is a member of several regional and global organizations such as the African Union, the Commonwealth, and the United Nations. Its network of double tax treaties with numerous countries supports cross-border trade and investment.

Legal System

The official languages of Seychelles are English, French, and Seychellois Creole. English is predominantly used in business and legal transactions. The country’s legal system is a hybrid of English Common Law, French Civil Law, and customary law, providing a well-rounded framework for businesses. The judiciary in Seychelles is independent and follows international standards, ensuring legal protection for companies and investors.

Business Environment and Regulations

Seychelles offers a business-friendly environment, with streamlined procedures for company incorporation and a robust regulatory framework designed to attract foreign investment. The jurisdiction is known for its offshore financial services, including international business companies (IBCs), trusts, and foundations. Corporate tax rates in Seychelles can be as low as 1.5% for offshore companies, and there are no capital gains or inheritance taxes. The government actively encourages innovation and entrepreneurship, providing tax incentives, grants, and support for businesses. Seychelles has committed to aligning its regulations with international standards on transparency and anti-money laundering, ensuring a secure and compliant business environment.

How Can We Help You Establish and Operate in the Seychelles

Jürgen Astor is your trusted partner for establishing and operating your business in Seychelles. With our deep expertise in the region and comprehensive service offerings, we simplify the process of setting up and managing your business in Seychelles.

Our Services Include:

  • Business Setup in UK

  • Corporate Services in UK

  • Accounting and Bookkeeping Services in UK

  • TAX and VAT Advisory in the UK

  • HR and Payroll Management in UK

  • IT and Digital Solutions in UK

  • Legal and Compliance in UK

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Investments Opportunities
and Key Sectors:

  • Seychelles is a well-established offshore financial services hub, offering opportunities in banking, insurance, investment funds, and trust management.

  • Tourism offers investment opportunities in luxury resorts, eco-tourism, and adventure tourism, driven by Seychelles’ pristine beaches and biodiversity.

  • High demand for premium residential properties creates opportunities in luxury real estate development, along with commercial and industrial real estate investments.

  • Seychelles’ strategic location along Indian Ocean shipping routes presents investment potential in maritime services, ship registration, and logistics.

  • Renewable energy projects, particularly solar and wind, offer significant investment opportunities as Seychelles focuses on sustainability and reducing fuel imports.

  • Seychelles is fostering growth in the ICT, fintech, and innovation sectors, with government initiatives supporting digital infrastructure and tech startups.

Tax Advantages
and Incentives:

  • Offshore businesses benefit from tax exemptions on foreign-sourced income, with no corporate tax for International Business Companies (IBCs).

  • Seychelles has a network of double tax treaties, reducing the tax burden on cross-border transactions and protecting against double taxation.

  • The country offers favorable tax regimes for income derived from intellectual property assets, making it attractive for innovation-driven businesses.

  • Tax exemptions and government grants are available for companies in sectors like tourism, energy, and technology.

  • Seychelles provides a fast-track business setup process, streamlining administrative requirements and speeding up approvals for major investments.

  • Additional investment incentives include grants for startups, subsidies for sustainable projects, and support for hiring local employees.

Why Choose Us?

Expertise in the Seychellois Market: Extensive knowledge of the Seychellois market and  regulatory environment, providing you with expert guidance.

Efficiency in Business Setup: We are streamlining the business setup process in Seychelles reducing time and effort, so you can focus on growing your business.

Customised Solutions: We offer tailored solutions to meet the unique needs of your business, ensuring optimal results.

Continuous Support: From initial setup to ongoing operations, we provide continuous support to help your business thrive in Seychelles.

Frequently Asked Questions:

How easy is it to start a business in Seychelles?

Is Seychelles a tax haven?

What is the corporate tax rate in Seychelles?

Can foreigners fully own a company in Seychelles?

What are the benefits of establishing an International Business Company (IBC) in Seychelles?

Does Seychelles have a network of double tax treaties?

What is the legal system in Seychelles, and how does it protect businesses?

What types of business structures are available in Seychelles?

Start Your Journey

We’re here to assist you. Click the button below to complete our contact form, and our team will get back to you promptly.

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