Companies (Special Licences) Act, 2003 read together with the Companies
Type of Structure
Seychelles Domestic Company issued with a Special Licence by Seychelles
International Business Authority (SIBA)
Application fee: on request; Licence fee: on request
Annual fee (paid to SIBA)
Licence renewal: on request; Annual Return fee: on request
A CSL is liable to business tax in Seychelles at the rate of 1.5% of its
A minimum of 2 shareholders is required, and they may be individuals or
bodies corporate. Disclosure is made to SIBA.
A minimum of 2 natural person directors is required. Disclosure is made
Bearer shares are not allowed.
There are no publicly accessible records of beneficial owners.
The Secretary is required to be a resident of Seychelles and is normally
the Corporate Service Provider for the purposes of filing and receiving
Nominee directors are allowed.
Access to Double Taxation Avoidance Treaties
The CSL is permitted access to DTAs
An Annual General Meeting is required to be held, and the CSL is required
to file an annual return with SIBA. The Annual Return will contain the
CSL’s annual accounts.
The CSL is exempt from payment of Stamp Duty, Exchange Control, Trades
Tax, work permit fees, withholding tax on dividends and royalties.
Although filing of particulars of directors and shareholders is required,
this information is not in the public domain.