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Entries with tag seychelles offshore companies .

Seychelles Foundations – their nature and advantages

15 Sep 2016
Foundations are most easily visualised as a combination of a company and a trust. They are increasingly being used by UK citizens, particularly entrepreneurs, for wealth management purposes. Foundations have a separate legal personality and can therefore hold their own assets, contract with third parties and sue in their own name and in their own capacity. A foundation does... Read More AboutSeychelles Foundations – their nature and advantages »

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

What financial records are required to be held by a Seychelles international business company?

14 Nov 2014
On 30 October my colleague, Amy Roost, posted a blog about the financial records that BVI business companies must keep. It is useful to contrast this with the requirements under the Seychelles International Business Companies Act, 1994 (the “Act”).    Under section 65 of the Act, a Seychelles IBC shall keep or cause to be kept proper ‘accounting records’:   (i)... Read More AboutWhat financial records are required to be held by a Seychelles international business company? »

By Philip Jacques

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

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