Seychelles Special License Companies (CSL)

The Seychelles Special License Company (CSL) is a Tax Resident company with DTA (Double Taxation Avoidance Treaty) access.

The Seychelles Special License Company is modeled on the Mauritius GBC1 which has been used extensively as a vehicle for tax effective inward investment into India and China. Unlike the Mauritius version the Seychelles CSL is far easier to incorporate, costs less and has a noticeably more favorable (local) tax regime.

Key Benefits include:  

• Substantial Tax Savings on Withholding Tax (“WHT”) when repatriating dividends etc for clients investing in countries where Seychelles has favorable DTA treaties (Seychelles has extremely favorable treaties with China, Indonesia, South Africa, UAE and Belgium, amongst many others, and soon will have a more favorable treaty with India than Mauritius once that treaty runs its term
• Limited Physical Presence is required in Seychelles. The Company simply requires a Registered Office, a Local Secretary and two Local Directors (which can be Nominees)
• Ownership Privacy is Guaranteed – Details of beneficial owners are not publicly available and Nominee Directors can be used
• Nil Business Tax in real terms Although the baserate of taxation is 1.5% a 100% credit is available for any taxes paid abroad which in 99.9% of cases results in a nil rate of taxation in Seychelles (and no WHT when funds depart the Seychelles/CSL entity)
• Residency rights are available in Seychelles making it an extremely effective option for clients looking to shift their personal or Company’s place of tax residence
• No Personal Tax in Seychelles meaning dividends paid to owners living in Seychelles can be received tax free
• Low Cost : For clients looking to shift residence the cost is around a third of what it costs to set up tax residence in Dubai (and about a tenth of what it costs to shift to say Monaco).

Categories of Business that may be established as a CSL

 Seychelles CSLs can carry on business in a number of specified categories including as :

• An international holding company
• A headquarters company
• A franchise company
• A marketing company
• A human resource services company
• A company holding intellectual property
• A regional data processing company
• An investment services company 

Our fee to incorporate a CSL (special licence company) in the Seychelles is £3650. This includes all government licence fees, two local nominee directors* and all administration for the first 12 months.

Fee for second and subsequent years is £2880

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* A Seychelles CSL must have two local directors. Our package includes the provision of nominees for this purpose.

See Also:

Seychelles CSL Benefits and Key Features

If you would like further information or want to discuss any aspect of incorporating offshore please contact us