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Seychelles continues to attract legitimate international business activity to capitalise the economic benefits derived by the offshore sector. Company Specialised License (CSL) established in Seychelles are free to undertake activities that are legal in any other countries.
An overview of the financial/ offshore for 2007Earnings generated | US $ 20-25 mn excl. ITZ earning | New International Business Registration | 10, 472 | Total International Business Registration | 43, 634 | Registered Licence companies | 57 | Companies incorporated under CSL | 113 | Business tax for CSL | 1.5% on all income | Offshore bank | Barclays Bank PLC |
Source: CBS Annual Report, 2007 and SIBA website
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