Belgium is among the 28 countries which signed a
double taxation agreement with Seychelles, this way avoiding the taxation on incomes twice. As a respected offshore jurisdiction, Seychelles is a tax haven and a preferred destination for foreigners willing to protect their assets and benefit from a favorable business climate. In-depth information about the
double tax treaty signed by Seychelles and Belgium can be provided on request by our
team of company incorporation agents in Seychelles.
The provisions of DTT signed by Seychelles and Belgium
If you are looking to expand your operations in
Seychelles as an
entrepreneur from Belgium, it is suggested to have a clear picture about the
taxes you need to pay in the insular state and the ways in which you can avoid the double payment. The following provisions are part of the
agreement between Seychelles and Belgium, also known as the
double tax treaty:
-
• the repatriated revenues of a company in Seychelles or in Belgium are not subject to taxation;
-
• tax exemptions apply to dividends, royalties, and interests, as stipulated by Seychelles – Belgium DTT;
-
• the capital gains for Belgium companies in Seychelles are not taxed;
-
• individuals with registered incomes in Seychelles or Belgium are exempt from taxation.
If you would like to know more about the
double taxation treaty signed by Seychelles and Belgium, our
company formation specialists in Seychelles are at your service. The same advisors can assist foreigners in
opening offshore companies in Seychelles.
Who can benefit from Seychelles and Belgium DTT?
Business persons with origins from
Seychelles or Belgium and who have operations in one of these contracting states are subject to the general provisions of the
double taxation agreement. Several tax exemptions are applicable for
businesses in Seychelles or in Belgium, and also for citizens working in one of the contracting states. It is good to know that an
entrepreneur in Seychelles must prove that the taxes are paid in the home country, in our case
Belgium, in order to
avoid the double taxation on the business.
We invite you to
contact and address your inquiries to our
team of company incorporation representatives in Seychelles who can provide the necessary support for company formation and tax matters.