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Seychelles Tax Haven Benefits

Seychelles tax haven is located in the Indian Ocean near the African continent. The tax haven of Seychelles have over the years passed legislation which allows it to offers offshore services to numerous clients from countries around the world. Seychelles tax haven offers services such as the formation of Seychelles International Business Company or Seychelles (IBC), the formation of Seychelles Special License Company and the Formation of Seychelles Limited partnership Company. Other than the formation of offshore companies Seychelles tax haven also offers offshore banking and the registration of ships and vessels.

Dual nationality has lots of benefits. These benefits include visa free travel, safety in the face of social instability, access to favorable business climates and investment opportunities. Second citizenship is also referred to as dual citizenship and simply refers to the ownership of two or more nationalities. Application procedures are explained by registered agents whose job it is to provide applicants with all guidelines necessary for citizenship requirements.

There are many benefits to going offshore in Seychelles tax haven. These include zero taxation paid by offshore companies who do no business in the jurisdiction. Seychelles IBC’s, special license companies and limited partnership companies who does no business in Seychelles will pay no taxes on its annual profits in tax haven Seychelles. Such companies are only responsible for paying an annual license fee which is set at a very low rate.

Seychelles tax haven is dedicated to protecting the privacy of its clients. When incorporating offshore companies in tax haven Seychelles the names of the company shareholders and directors are not made public. The registered agent keeps this information which is not published as part of public records in the offshore tax haven. Similarly the financial records of offshore companies incorporated in tax haven Seychelles are filed with the tax authority, this remains private and the shareholders of a Seychelles offshore company will determine where this information is kept. A Seychelles special license company has to file its annual financial audits with the tax authorities in the offshore jurisdiction.

The tax haven of Seychelles offers exceptional offshore banking services which is extended towards business corporations and individuals. There are many top offshore banking institutions both local and international in the tax haven of Seychelles. Since privacy and confidentiality are two of the top characteristics of a tax haven Seychelles have these in place for offshore bank accounts. The information in offshore bank accounts or the names of the bank account holders cannot be made public by any employee or agent with such information. Offshore banking in tax haven Seychelles is done tax free and the banking services being offered are top quality.

The offshore tax haven of Seychelles is a well regulated offshore financial centre. In 1995 the government of Seychelles put together the Seychelles International Business Authority (SIBA) in an effort to improve offshore business in the tax haven of Seychelles. SIBA’s main responsibilities are the incorporation of offshore companies and regulating offshore business companies in the jurisdiction.

The tax haven of Seychelles has positioned itself to become the best tax haven available in the world of offshore. Seychelles has a stable political system as well as a sound economy. The government of Seychelles is keen on developing the offshore jurisdiction as a top offshore jurisdiction hence the passing of several new offshore legislation and amendments in order to improve the type of business and services which is being offered to clients.

 
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