Jordans Trust Company blog

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Entries with tag seychelles .

Seychelles: Reserve directors can protect single person companies

23 Nov 2016
The new International Business Companies Act, 2016 (the “ 2016 Act ”) will, when it comes into force on 1 December 2016, introduce the concept of reserve directors in Seychelles. The use of reserve directors has been prevalent in the BVI as part of succession planning since they were introduced in the BVI Business Companies Act, 2004. Where a Seychelles IBC has only... Read More AboutSeychelles: Reserve directors can protect single person companies »

By Philip Jacques

Seychelles and Jersey Sign a Double Tax Agreement

12 Aug 2015
To develop closer economic ties the government of Jersey and the Republic of Seychelles signed a Double Tax Agreement (DTA) on the 28 th 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... Read More AboutSeychelles and Jersey Sign a Double Tax Agreement »

By Connie Clark

Does the “Foreign Account Tax Compliant Act” affect you?

13 Oct 2014
How FATCA applies to UK, BVI, Cyprus and Seychelles companies and trusts. Read More AboutDoes the “Foreign Account Tax Compliant Act” affect you? »

By Philip Jacques

Seychelles as a trust domicile

30 Sep 2014
Practioners in offshore tax planning and structuring arrangements should take note of the facilities Jordans Trust Company can offer in Seychelles.   With Russian CFC rules imminent and an increasing focus by high net worth clients in the African and Asian markets on succession planning, the ability of Jordans to provide trusts and foundations managed in Seychelles has... Read More AboutSeychelles as a trust domicile »

By Martin Palmer

Seychelles: proposed new legislation for double taxation treaty access

21 Aug 2014
Under the International Business Companies Act 1994, a Seychelles IBC is not a tax resident of Seychelles and can therefore not be used to gain access to the benefits contained in the network of Double Taxation Agreements (DTAs) to which Seychelles is a party. The full list of DTAs can be found here. It was for this reason that the Companies (Special Licences) Act (“the CSL Act”) was... Read More AboutSeychelles: proposed new legislation for double taxation treaty access »

By Jenny Gontier

Seychelles: amendments to the International Business Companies Act, 1994

18 May 2014
The Seychelles Government has recently released the International Business Companies (Amendment) Bill, 2013 which will, when it comes into force, amend the International Business Companies Act, 1994. The 1994 Act is the principal piece of legislation governing Seychelles IBCs. It is therefore very important that those connected with Seychelles IBCs familiarise themselves with the... Read More AboutSeychelles: amendments to the International Business Companies Act, 1994 »

By Philip Jacques

Seychelles: amendments to the International Business Companies Act, 1994

18 May 2014
The International Business Companies (Amendment) Act, 2013 came into force on 16 December. The Amendment Act is in almost the same form as the Bill which was reviewed in my blog of 26 November. Bearer shares The Amendment Act has abolished the ability of an IBC to issue bearer shares. Those bearer shares in issue must be recalled and cancelled within 6 months of the... Read More AboutSeychelles: amendments to the International Business Companies Act, 1994 »

By Philip Jacques

Seychelles and Jersey: the Foundation - its nature and advantages

18 May 2014
Seychelles and Jersey: the Foundation - its nature and advantages Foundations are commonly seen as a combination of a company and a trust and are increasingly being used by UK citizens, particularly entrepreneurs, for wealth management purposes. Foundations have a separate legal personality and so are able to hold their own assets, contract with third parties and sue in their... Read More AboutSeychelles and Jersey: the Foundation - its nature and advantages »

By Philip Jacques
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