 Established in July 2004  One stop window for local and foreign investors  Assist in establishing businesses, promote investment opportunities and provide the right climate to do business in Seychelles  Our prominent role: Attract ˃Promote˃Advise˃Facilitate

High environmental standards Excellent communications network with the connectivity of fiber optic cable Favorable tax regimes for investments in Tourism, Agriculture, Energy and Fisheries sectors World Class Financial Centre

Tourism sector Fishing sector Property Development Oil Sector Trade and Commerce Professional Services Niche hotels Fishing fleets (long line fishing for tuna and other species) Condominium/ High End Real Estate Development Oil explor ation/ exploit ation Distributi on & access to regional markets (links with COI, COMESA & SADC) Banking services Domestic and Offshore Banking

Tourism sector Fishing sector Property Development Trade and Commerce Professional Services Integrated eco-resorts (outer islands mainly) Fish farming Aqua-culture Shopping Malls Warehousing International Trade Zone Non-financial services; IBC’s, Trust foundation, CSL, Limited Partnership

Tourism sector Property Development Trade and Commerce Professiona l Services Specialty restaurants Leisure and Entertainment Trading in specialized goods(hotel, agriculture, fisheries, hardware, etc.) Securities Exchange

Tourism sector Property Development Trade and Commerce Professional Services Maritime transportation, yachting Port/Airport infrastructures; Commercially related development Investment in Renewable Energy Business Processing and outsourcing

Tourism sector Professional Services Marinas and other support services Private University/ Schools Other tourism support activities ICT/E-Commerce/Call Centres Health and wellness Complimentary Health Care

The overall tax rate in Seychelles is moderate. Tax rates at a glance _Trades Tax (customs duties)……………0%/25% * 94% of the tariff lines rated at 0% * Trades tax mostly concentrated on the 4 main revenue generating items; * Fuel……………….SR 4 (US$ 0.30 ) * Alcohol………..SR 40 – SR 240 per litre (Us$ 3 – US$18) * Tobacco…………..SR 500 (US$ 38) per 200 cigarettes

* Motor Vehicles …25% – Trades tax is calculated on the CIF (Cost, Insurance and Freight) value of the goods * Excise Tax - A tax levied on four excisable goods imported or locally manufactured in Seychelles:  Cigarettes or tobacco (US$39 per 200 cigarettes)  Alcoholic beverages (depending on the volume and percentage of alcohol – US$1.7 – US$9.2)  Motor Vehicles (depending on the cc - 25% to 75%)  Petroleum Products (US $ 0.31 per litre)

* Goods and Services Tax (GST) The GST is calculated as a percentage of the landed cost of goods in Seychelles plus the Trades Tax and Excise Tax (if applicable). The rate is 15% _As from the 1 st January 2013 the Goods and Services Tax will be replaced by the Value Added Tax

VAT Rates Standard rate: 15% Zero-rated supplies: 0% Exempt supplies VAT cannot be charged on: sales by an unregistered person; sales of private property (e.g. a car or home not used for business); exempt supplies. There are two categories of exemptions under the VAT Act, 2010: exempt imports; and exempt supplies

(a) Exempt imports include: basic essential goods (e.g. sugar, pharmaceuticals, rice, milk, lentils, salts etc); – Goods on transit; – Goods imported to be used in the process of renewable energy.

* Income and Non-Monetary Benefits Tax - levied on employed person emoluments. ……..…….15% - Non-Monetary Benefits tax payable by Employer..20%

* Business Tax (Corporate Tax) - Source Principle 1) Entity, government body or a trustee; a) 25% of the first SR1,000,000(approx US$77,000) of taxable income, and 33% of the remainder. 2) Any other person other than an entity or government body; a) 0% of the first SR 150,000 (approx US$12,000)of taxable income b) 15% between SR150,001 and SR1000,000 of taxable income, and 33% of the reminder

3) The rate of business tax payable by a non- resident person is 3% (International Transportation -Ship and Aircraft on gross income) 4) Withholding tax rate on dividend, interest and Royalty paid to non resident is 15%, where there is no Double Taxation Avoidance Agreement. (DTAA)

No capital Gain Tax No tax on pension