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Seychelles and Jersey Sign a Double Tax Agreement

To develop closer economic ties the government of Jersey and the Republic of Seychelles signed a Double Tax Agreement (DTA) on the 28th of July 2015.

The signing of the DTA is a considerable event for both administrations and comes as part of Jersey’s ongoing initiative to enhance its taxation and economic co-operation with other countries. Whilst for the Republic of Seychelles the agreement solidifies its already strong reputation within the offshore market, the new relationship gives investors in Jersey access to Seychelles as a primary route into the emerging and lucrative African market.

Whilst one aim of the agreement is to expand the potential for investment in both the Seychelles and Jersey, the DTA offers significant assurances to comfort investors in order to ensure continued investment in both jurisdictions. In order to assist the ongoing endeavours to curtail harmful tax practices, the DTA will facilitate a more effective exchange of information and assist tax administration between the two jurisdictions.

Whether you’re seeking expert advice regarding the offshore sector or interested in finding out more about the DTA and how it affects you, Jordans can assist you. With five offshore offices, including in Jersey and Seychelles, Jordans can provide you with professional, relevant, expert advice on making the most of your offshore trust.

For more information contact either

Connie Clark at the Jersey office at:
connie_clark@jordans-jsy.com or on 01534 630112
Or
Jenny Gontier at the Seychelles office at:
jenny_gontier@jordans-sey.com or on +248 262 0650

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