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Seychelles Islands

Seychelles is made up of a total of 115 islands which are situated in the Indian Ocean. The main island is Mahe where the capital of the Seychelles Victoria as well as the territory’s international airport is located. Seychelles lies on the east coast of the African continent. The territory has an estimated population of just above 80,000 inhabitants. The population is made up of mainly African, French, Chinese and Indian descendants.

Seychelles has made a name for itself as a popular tourist destination. The main attractions on Seychelles are its beautiful beaches, rainforests, historical buildings, museums and national marine parks. Visitors flock to the island beaches to enjoy sunbathing, snorkeling, swimming and water sports. Sailing is also popular in Seychelles and trips can be organized around the islands. Diving in Seychelles is rated highly around the world; some of the most well known dive sites in Seychelles include Brissare Rocks and Ennerdale Wreck. Fishing which is very popular amongst locals and foreigners can be enjoyed on the islands. Fly fishing and Blue water fishing is very popular in the territory. Seychelles is well known for its Sailfish, Jacks, Tuna, Marlin and Giant barracuda.

Other than being a popular tourist destination Seychelles has made a name for itself as a tax haven and offshore jurisdiction. As a pure tax haven Seychelles levies no taxes on offshore companies which has no business in the territory and whose capital is gained outside of Seychelles. These types of business companies pay no Stamp Duty and Exchange Controls does not apply to Seychelles offshore Company. Offshore companies in Seychelles have no financial reporting to do. These companies enjoy privacy and confidentiality which is guaranteed by offshore legislation in the territory.

Seychelles offers top quality offshore services through its Seychelles International Business Authority (SIBA). The SIBA is responsible for the incorporation of offshore companies as well as their regulations in the offshore tax haven of Seychelles. Offshore business services offered in the offshore tax haven of Seychelles are the incorporation of International Business Companies, the formation of Limited Partnership Corporations and the registration of Seychelles special license Company. Seychelles also offers offshore banking services as well as ship and vessel registration.

As a tax haven the jurisdiction of Seychelles ensures that the shareholders and partners of offshore companies as well as offshore bank account holders receive confidentiality and privacy. The information in an offshore bank account in Seychelles cannot be given out by bank employees, registered agent or any other person who is directly involved with the offshore bank account unless the written consent of the offshore bank account holder has been granted. Offshore banking services in Seychelles are offered to both corporations and individuals.

Seychelles has a stable economy and very low crime rate which helps makes it one of the best tourist destinations on the planet. Its offshore services sector has succeeded in giving the economy a much needed boost and provide employment for a number of persons in the islands.

 
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