Malaysia Hotline: +603- 2141 8908
Seychelles is an
independent Republic within the Commonwealth with a population of 82,000
approximately. Seychelles comprises a group of approximately 115 islands in the
Indian Ocean, most of which are situated between 4 and 5 degrees south of the
equator. The country has good political stability with a democratically elected
Government. The Seychelles economy is primarily based on tourism, commercial
fishing and offshore financial services industry.
Law and Taxation
Seychelles is governed
by civil law except for the corporate legislation and criminal law which are
based on the English common law. The principal corporate legislation governing
IBCs is the International Business Companies Act (IBC Act) 1994. IBCs are
exempted from taxation on business activities or transactions carried outside
of the Seychelles. An IBC can be converted to other resident companies such as
Companies Special Licence ("CSL").
The CSL is a
Seychelles domestic company (incorporated under the Companies Act 1972), which
is granted a special licence under the Companies (Special Licences) Act 2003. A
CSL can take advantage of the Seychelles steadily expanding network of double
taxation treaties which include China, Indonesia, Malaysia, Mauritius,
Thailand, S. Africa,Botswana, Oman, Cyprus, UAE and Vietnam.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my