apollo

Seychelles Double Taxation Agreements

DTA AGREEMENT RATIFIED (IN FORCE) DATE OF ENTRY INTO FORCE
Bahrain - Seychelles DTAA 3rd February 2012
Barbados - Seychelles DTAA 28th February 2008
Botswana - Seychelles DTAA 22nd June 2005
China - Seychelles DTAA 17th January 2000
Cyprus - Seychelles DTAA 2nd November 2006
Isle of Man –Seychelles DTAA 16th December 2013
Indonesia - Seychelles DTAA 16th May 2000
Luxembourg –Seychelles DTA 1st January 2014 
Malaysia - Seychelles DTAA 10th July 2006
Mauritius - Seychelles DTAA 22nd June 2005
Monaco - Seychelles DTAA 01st January 2013
Oman - Seychelles DTAA 20th January 2004
Qatar - Seychelles DTAA 1st January 2008
San Marino - Seychelles DTAA 30th May 2013
South Africa - Seychelles DTAA 3rd July 2002
Thailand - Seychelles DTAA 14th April 2006
U.A.E - Seychelles DTAA 23rd April 2007
Vietnam - Seychelles DTAA 7th July 2006
Zambia - Seychelles DTAA 4th June 2012
Zimbabwe – Seychelles DTAA   in force
Singapore - Seychelles DTAA 1st January 2016
Guernsey - Seychelles DTAA 16 April 2015 (date of ratification by Seychelles)

 

DTA AGREEMENT SIGNED (NOT RATIFIED) SIGNED ON
Double Taxation Agreement with Kenya 17th March 2014
Double Taxation Agreement with Belgium  27th April 2006
Double Taxation Agreement with Ghana 20th May 2014
Double Taxation Agreement with Ethiopia 14th July 2012

 

  Dividends Interest Royalties
Indonesia 10% 10% 10%
Malaysia 10% 10% 10%
Botswana 5%(10%) [1] 7.5% 10%
Thailand 10% 10%(15%) [2] 15%
South Africa domestic rate domestic rate domestic rate
Mauritius domestic rate domestic rate domestic rate
Oman 5% 5% 10%
China 5% 10% 10%
Cyprus 0% 0% 5%
UAE 0% 0% 5%
Vietnam 10% 10% 10%
Barbados 5% 5% 5%
Bahrain 0% 0% 5%
Zambia 5(10)%[3] 5% 10%
Monaco 7,5% 5% 10%
Qatar 0% 0% 5%
Zimbabwe 10% 10% 10%
Isle Of Man 0% 0% 5%
Luxembourg 0(10)%[4] 5% 5%
San Marino 0(5)%[5] 0(5)%[6] 0%
Singapore 0 0(12)%[7] 0(8)%[8]
Guernsey 0 0 (0)5%[9]


[1] 5% of gross amount if the Beneficial Owner is a Company which holds at least 25% of the Capital of the company paying Dividends or 10% of gross amount of Dividends in all other cases
[2] Not exceeding 10% of gross amount if it is received by any financial institution. Not exceeding 15% of gross amount interest in other cases.

[3] 5% of gross amount if the Beneficial Owner is a Company which holds at least 25% of the Capital of the company paying Dividends or 10% of gross amount of Dividends in all other cases

[4] 0% of gross amount if the Beneficial Owner is a Company which holds at least 10% of the Capital of the company paying Dividends or 10% of gross amount of Dividends in all other cases

[5] 5% of gross amount if the Beneficial Owner is a Company which holds at least 10% of the Capital of the company paying Dividends for an uninterrupted period of at least 12 months prior to the decision to distribute the dividends or 0% of gross amount of Dividends in all other cases

[6] null (exempted from tax)  if it is interest: on debt-claims or loans of any nature, not represented by bearer instruments, paid to a banking or financial institution; on deposits made with banking or financial institution; paid to the another Contracting State. Or 5% in all other cases.

[7] if the beneficial owner of the interest is a resident of the other Contracting State, the tax so charged shall not exceed 12 per cent of the gross amount of the interest. 

[8] if the beneficial owner of the royalties is a resident of the other Contracting State, the tax so charged shall not exceed 8 per cent of the gross amount of the royalties

[9] if the beneficial owner of the royalties is a resident of the other Contracting Party, the tax so charged shall not exceed 5% per cent of the gross amount of the royalties

Seychelles business FAQ

Get in touch

Haven't found the answer?

Please get in touch with our representative and we will be glad to help.

Write a note
  • What a Seychelles IBC cannot do?
    1. It may not carry on business in Seychelles.
    2. It may not own real estate in Seychelles.
    3. It may not do banking, insurance and registered agent business without special license.
  • What are the guarantees of strict confidentiality in the Seychelles?
    We understand and respect our clients’ confidentiality requirements. Seychelles IBC in this respect is an ideally apt solution.

    The only documents of your company that are being kept on public record are the Certificate of Incorporation, Memorandum of Association and the Articles of Association, thus providing the confidentiality of an outstandingly high standard.

    Moreover, the information regarding directors, shareholders, beneficial owners, addresses, etc are kept in the Registered office, under no circumstance will be revealed, unless your company is involved in illegal activities and there was an order from the Court to disclose the information.

  • What are the appropriate endings for different types of companies?
    The name of a limited company shall end with a word or abbreviation denoting a corporate body or limited liability. The most popular name-endings include any of words like "Limited", "Corporation" or "Incorporated"; the words "Societe Anonyme" or "Sociedad Anonima"; the abbreviation "Ltd", "Corp", "Inc", "GmbH", "AG" or "S.A."; or several other word or words, or abbreviations thereof.
  • How long does it take to register a Seychelles IBC?
    Seychelles has one of the fastest Registries of International Business Companies in the world. New IBCs are usually incorporated within 24 hours.
  • What can a Seychelles IBC Do?
    Your IBC can act in many ways, for example it can:
    • Open a bank account, make deposits and transact globally.
    • Manage offshore investments such as term deposits, bonds, stocks, mutual funds, etc.
    • Provide consulting, management, or professional services
    • Own a Corporate credit card, and allow you to cover your legitimate expenses using it.
Full FAQ