Chinese investors in Seychelles can benefit from a stable business environment and several tax reliefs as stipulated by the
double taxation treaty signed by both countries. This agreement helps both Chinese investors or from Seychelles avoid the
double taxation on incomes. We invite you to talk to our
team of company formation agents in Seychelles and ask about how you can
set up an offshore in Seychelles. You can also solicit information about the
double tax treaties signed by Seychelles.
What are the provisions of the DTT signed by Seychelles and China?
First of all, it is good to know that the interests, royalties, and dividends resulted from
offshores in Seychelles are not taxed. In other words, there is no withholding tax for repatriated dividends and interests. As a Chinese investor, you might want to have a clear picture about the provisions of the
double taxation treaty signed between Seychelles and China, as follows:
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• investors can set up a Seychelles Company Special License (CSL) in order to benefit from tax reliefs in the insular state;
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• under the Seychelles – China double tax treaty, companies are subject to a 1.5% business tax imposed on the worldwide taxable income;
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• there is no Chinese tax on capital gains of a Seychelles CSL;
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• a Seychelles CSL is not subject to withholding taxes on royalties, interests, and dividends.
According to the double taxation agreement signed by Seychelles and China, the share transfers and the property transfers are exempt from stamp duties. If you have decided on opening a business in Seychelles, please feel free to get in touch with our company incorporation representatives in Seychelles for complete assistance and information.
How are the Chinese shipping and air transport companies taxed in Seychelles?
Because of the provisions stipulated by the double tax treaty between Seychelles and China, the revenues of a Chinese company dealing with air and sea transportation in Seychelles will only be taxed in China, one of the contracting states.
The elimination of double taxation through the credit method
If a Chinese citizen has incomes registered in
Seychelles, the taxes for that income can be credited against the Chinese tax imposed to him/her. The amount of the credit, though, cannot surpass the amount of the Chinese tax on that income calculated in agreement to the Chinese tax laws.
We invite you to
contact our
team of company formation representatives in Seychelles and ask for extra details about the
double tax treaty signed by Seychelles and China.