Seychelles is a group of islands in the South-Western Indian Ocean, comprising 115 named islands. The largest island is Mahè, the capital Victoria is located there. Seychelles has total area of 455.3 square kilometres. Seychelles population is about 85,000, representing diverse ethnic and religious mix.
Seychelles is a democratic independent republic within British Commonwealth, with president at the head of the State. Seychelles enjoys high level of political stability, and economically it is much more prosperous than the other countries in the region.
The Seychelles economy is primarily based on the three sectors which are rapidly expanding. These are industrial fishing, tourism and offshore financial services. Seychelles is one of the most beautiful and exclusive holiday destinations in the touristic world, offshore financial sector is also on the increase now and has become the significant element of the country's economy.
Seychelles Offshore Companies
Seychelles enjoys highly comprehensive offshore tax haven legislation in the world. The two main types of offshore companies available in Seychelles are the classic International Business Company, which is free of taxes, and Special License Company paying low taxes.
Seychelles IBC is probably the most competitive and cost-efficient type of International Business Company among those available on the today offshore financial services market. Seychelles IBC offers many benefits to its clients including tax-free status, very fast incorporation, low maintenance costs (only $100 minimum fixed annual license fee), no reporting, no requirements to file accounts or annual returns, no requirement to file records of directors and shareholders, the availability of bearer shares, no information-sharing agreements with other countries, strict confidentiality provisions.
Seychelles Special License Company (CSL) is a new Seychelles domestic company to which a special license is granted under the Companies (Special Licenses) Act 2003. The CSL is a low-tax company (as opposed to zero-tax Seychelles IBC), which is liable to pay Seychelles business tax at the rate of 1.5% on its world-wide income. This feature is the main advantage of Seychelles CSL, allowing it to bypass foreign blacklisting. A CSL is also able to access the growing number of Seychelles Double Taxation Agreements. The fact that a CSL is formally tax-resident in Seychelles allows the company to conduct business activities abroad without attracting suspicion and too much scrutiny procedures.
Fidelity Corporate Services Ltd is registered agent licensed to provide the services of Seychelles International Business Company and Special License Company formation and management. Our affiliated office is located in Seychelles. A full description of advantages for incorporating in Seychelles and the services offered by our Seychelles office is available on www.seychellesoffshore.com. Please note that by following this link you will leave the website of Fidelity Corporate Services (British Virgin Islands) and will enter the website of Fidelity Corporate Services (Seychelles).