Tax and Accounting Regulations
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All IBC’s in the Seychelles are subject to zero taxation. Below is an overview of the tax and accounting regulations:
Seychelles IBC’s have no tax liabilities; there is a 0% tax rate. The following are tax free:
- Capital gains.
International aspects of taxation:
Double taxation treaties: The Seychelles has double taxation treaties with the following countries; Barbados, Botswana, China, Cyprus, Indonesia, Malaysia, Mauritius, Oman, Qatar, South Africa, Thailand, UAE and Vietnam. DTA Agreements have been signed but not ratified with Belgium, Monaco and Zimbabwe.
Annual reporting requirements:
- No annual returns are required to be filed.
- No company reports are required to be submitted to any authority.
- Offshore company accounts are not required to be audited.
- Records of offshore companies can be kept anywhere in the world, there is no requirement that they be stored in the Seychelles.
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