A tool for Tax Planning : OFFSHORE Company

SEYCHELLES Islands Jurisdiction offshore

The SEYCHELLES Archipelago consists of a hundred islands scattered across the Indian Ocean to the North of Mauritius and La Reunion and to the east of the African continent and is made up of two groups of islands:

“Inhabited ” and “Virgin” islands of which “ALDABRA” is part of.

This island has been proclaimed ” a place of world interest by the United Nations” and is a protected nature reserve. The inhabited islands represent approximately 50% of the whole of the SEYCHELLES Republic and are made up of the islands of MAHE, PRASLIN, LA DIGUE and several other smaller islands.

Its global land area is 410 km² spread over 1,300,000 km² of ocean.

The number of Seychellois is about 90,000 inhabitants, most of them residing on MAHE and PRASLIN main islands.

VICTORIA is one of the smallest capital cities in the world .
The Seychelles islands are coral or granite islands, with an equatorial climate, outside the usual cyclone trajectory.

Granite blocks weighing several hundred tons, sculpted by erosion are suspended from the mountains, or lie on the white sandy beaches.

Exuberant nature finds its place between the granite blocks, and invades the smallest pieces of land.

The Seychelles Islands remain one of the places in the world where the fauna and the flora are very protected, several natural sites are classified world heritage.

Nature has remained intact with a multitude of endemic plants.

POPULATION

The population of the Seychelles is mixed. The ancestors of the Seychellois come from several countries, France, England, Africa, Indians.

This racial mix gives a palette of character types. Also it is impossible to describe a Seychellois, it can be Blond with black eyes or Black with Green eyes ….

A sculpture placed in the center of VICTORIA represents the three continents, origin of the people of Seychelles.

Religion is predominantly Catholic.

THE ECONOMY:

Seychellois economic sectors consist mainly of fishing (Tuna plant), tourism and offshore.
Many foreign investors are present in the tourism sector. Current policy encourages investment.

The official currency is the Seychellois Rupee (1 Euro = 14.5 Rs).

The main currencies are accepted in the country, it is possible to pay by Visa card.

There is no exchange control.

This politically stable archipelago is headed by President MR Danny FAURE who replaced JAMES MICHEL, democratically elected in July 2006, re-elected in May 2011 then in December 2015 and resigned in October 2016.

FORMALITIES OF USE:

Residence permit:
No visa is required for entry into the Seychelles, however, the visitor must be provided with a return ticket.

A one-month visit permit is issued at the airport.

On the spot, the visitor can obtain a resident permit of 3 months renewable once, without any formality but a bank guarantee and a passport valid 6 months after his departure.

Work Permit:
The resident must make a special request to be authorized to work in the Seychelles. Some sectors of activity are reserved for the local population.

It is better to seek information from government authorities before filing your file.

CARTOGRAPHY SUMMARY OF SEYCHELLES:

  • MAHE: the largest of the islands and the most populous (60,000 inhabitants). It is 27Km long and 7Km wide. The highest peak is 930M above the sea. VICTORIA, the capital and the International Airport is in Mahe.
  • PRASLIN: 2nd largest island (8,000 inhabitants) is 15 mn from Mahe by plane, or one hour by boat. We can see the famous “Valley of May”, a virgin forest that is part of the world heritage, where is present the sea coco or “coco-fesses”, symbol of the Seychelles.
  • LA DIGUE: is 30mn by boat from Praslin. On this island, the traditional transport is the bicycle.
  • SILHOUETTE: 3rd island by its surface, it is visible from the beach of Beau Vallon (Mahé), its population is about 150 people.
  • CURIEUSE ISLAND: the protected 2.7 km long in front of Praslin; Population reduced to a few people, and more giant turtles.
  • SAINTE ANNE: in front of Mahé, this island borders the National Marine Park The island is inhabited only by the staff and the tourists of the 5 * hotel. The marine flora is exceptional and highly supervised and protected.
  • ILE MOYENNE: In front of Mahé, this private island, however, constitutes a natural reserve for birds.
  • ILE RONDE: In front of Mahé, this island inhabited by about ten people constitutes a natural reserve for birds.
  • DENIS ISLAND: this private island is inhabited only by the staff and the tourists of the hotel 5 *.
  • BIRD ISLAND: 30mn flight from Mahé, the coral reef where hundreds of terns nest,
    The sea turtles come to lay eggs in November. Guaranteed show in January when the baby turtles leave to join the sea. Other attraction, Esmeralda, turtle of more than 190 years old, and weighing more than 300 Kg, inscribed in the record book.
  • ARIDE: 50-mm flight from Mahé, a World Heritage island, is home to endemic plants and endangered birds.
  • ALDABRA: and atoll is part of the world heritage. As such, visitors must obtain authorization to go there. Many giant tortoises live peacefully surrounded by migratory birds in the process of extinction. Aldabra remains the sanctuary of multitudes of endangered animals.

TRAVEL INFORMATION:

No vaccine is required in the Seychelles.

The temperature between 24° and 33° is about the same the whole year.

There is no real season, it rains regularly and often at night (tropical rains).

No poisonous plants have been introduced in the Seychelles, so no malicious animals are present there.

Some micro-jellyfish can be found on the coast after heavy rains, they sting but are not dangerous for man.

Seychellois meals are made from various vegetables, rice and fish (Job, Captain, Bourgeois).

There are many uncultivated exotic fruits.

Many musicians perform in hotels, painters exhibit in some galleries, but also in the local market.