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Articles

7 Reasons to Invest in Seychelles

Written by: Editor

The economic freedom in Seychelles is ranked at 61.6, which makes the local economy the 88th freest in the 2018 index. The country is also ranked as the 7th among 47 countries in the Sub-Saharan Africa area, and its total score is above the area’s average and close to the world average. In this article, our company formation consultants in Seychelles present seven reasons to invest in Seychelles.

 

Why should entrepreneurs choose to invest in Seychelles?

 
Here are seven reasons why our Seychelles company formation advisors strongly believe that foreign entrepreneurs should choose to invest in Seychelles:
 
1. Seychelles is a safe country;
2. It has a stable political system;
3. Seychelles has a population with a 96% adult literacy rate and a life expectancy of 77 years of age;
4. The workforce is fluent in English, French and Creole;
5. Great air and sea connections from major centers like the Middle East, Asia and Africa;
6. A world class financial hub without restrictions on the foreign exchange;
7. Seychelles has an advantageous tax regime for investments in agriculture, tourism, energy and fisheries industries. Our agents can assist you to open a company in these industries in Seychelles.
 

General business environment in Seychelles

 
On this note, our company registration representatives in Seychelles mention that the economic development in this major tourist destination has turned the country to upper-middle-income status.
 
To decrease the dependence on tourism, improve the business climate and encourage investments in other industries, the local government has been concentrating on structural reforms on debt deduction, loss-making state-owned businesses and “cross-subsidizing” electricity costs.
 
The trade is an extremely important aspect of the economy of Seychelles, with a combined value of exports and imports equaling 181% of the Gross Domestic Product (GDP).
 
If you have further questions about the Seychelles business environment, or for help in setting up a company in Seychelles, we kindly invite you to get in touch with our friendly staff.

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