Malaysia Hotline: +603- 2141 8908
Seychelles
is an independent Republic within the Commonwealth with a population of 82,000
approximately. Seychelles comprises a group of approximately 115 islands in the
Indian Ocean, most of which are situated between 4 and 5 degrees south of the
equator. The country has good political stability with a democratically elected
Government. The Seychelles economy is primarily based on tourism, commercial
fishing and offshore financial services industry.
Law
and Taxation
Seychelles
is governed by civil law except for the corporate legislation and criminal law
which are based on the English common law. The principal corporate legislation
governing IBCs is the International Business Companies Act (IBC Act) 1994. IBCs
are exempted from taxation on business activities or transactions carried
outside of the Seychelles. An IBC can be converted to other resident companies
such as Companies Special License ("CSL").
The
CSL is a Seychelles domestic company (incorporated under the Companies Act
1972), which is granted a special license under the Companies (Special Licenses)
Act 2003. A CSL can take advantage of the Seychelles steadily expanding network
of double taxation treaties which include China, Indonesia, Malaysia,
Mauritius, Thailand, S. Africa, Botswana, Oman, Cyprus, UAE and Vietnam.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
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