The advantageous tax system in Seychelles
allows foreign investors to set up a wide range of businesses in the insular state. To avoid paying taxes twice, investors are protected by the double tax agreements
ratified with 28 countries worldwide. Our company formation specialists in Seychelles
can offer in-depth information about the tax structure in the archipelago and can help entrepreneurs set up their businesses in a fast and reliable manner.
What are the states that signed double tax treaties with Seychelles?
Seychelles signed 28 double tax agreements with the following countries: Barbados, Bahrain, Belgium, Botswana, Bermuda, Cyprus, China, Ethiopia, Indonesia, Guernsey, Isle of Man, Kenya, Jersey, Malaysia, Luxembourg, Monaco, Mauritius, Oman, Qatar, Singapore, San Marino, Sri Lanka, South Africa, Swaziland, UAE, Thailand, Vietnam, and Zambia.
What are the general provisions of the DTT of Seychelles?
Among the provisions of the double tax treaties in Seychelles we mention the following:
• the interests, the royalties and the dividends registered by offshore companies in Seychelles are exempt from taxation;
• there is no capital gains tax imposed on companies with establishments in Seychelles;
• each state allows a credit for the taxes of the other country to cut the fees of a company resident in the country;
• a low rate of 1.5% is set for worldwide profits of companies in Seychelles.
Understanding the taxation system in Seychelles
will help investors from abroad to easily open companies and start doing businesses in the insular state. Even though there are numerous tax benefits in Seychelles
for specific types of companies, the double taxation conventions
strengthen the business environment and the advantageous conditions in this state.
Who can benefit from DTTs in Seychelles?
The entrepreneurs from the countries that signed double tax treaties signed with Seychelles
can benefit from the provisions mentioned above. For complete information on this matter, we recommend you talk to our team of advisors. They can also help you with the company formation in Seychelles
Other provisions linked to DTTs in Seychelles
Investors in Seychelles
need to make proof of the taxes paid in the country of residence, in order to benefit from the double taxation treaties
. If you would like to know more about the double tax agreements signed by Seychelles
or if you want to set up an offshore company in Seychelles
, we invite you to contact
our team of company incorporation agents in Seychelles