The Seychelles Special license company is modeled on the Mauritius GBC1 which has been used extensively as a vehicle for inward investment into India. Unlike the Mauritius version the Seychelles CSL is far easier to incorporate, costs less and has noticeable more favorable local/tax regime.Key Benefits include:
- Substantial Tax Savings on Withholding Tax (“WHT”) when repatriating dividends etc for clients investing in countries where Seychelles has favorable DTA treaties (Seychelles has extremely favorable treaties with China, Indonesia, South Africa, UAE and Belgium, amongst many others, and soon will have a more favorable treaty with India than Mauritius once that treaty runs its term)
- Limited Physical Presence is required in Seychelles. The Company simply requires a Registered Office, a Local Secretary and two Local Directors (which can be Nominees)
- Ownership Privacy is Guaranteed – Details of beneficial owners are not publicly available and
- Nominee Directors can be used
- Nil Business Tax in real terms Although the base rate of taxation is 1.5% a 100% credit is available for any taxes paid abroad which in 99.9% of cases results in a nil rate of taxation in Seychelles (and no WHT when funds depart the Seychelles/CSL entity)
- Residency rights are available making it an extremely effective option for clients looking to shift their personal or Company’s place of tax residence
- No Personal Tax in Seychelles meaning dividends paid to owners living in Seychelles can be received tax free
- Low Cost : For clients looking to shift residence the cost is around a third of what it costs to set up tax residence in say Dubai (and about a tenth of what it costs to shift to Monaco)



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