Establishing your business in the Seychelles International (Tax Free) Trade Zone
The SITZ is a unique investment opportunity for foreign companies seeking a tax free environment.
Some major concessions granted to promoters are:
1. No taxation
2. Annual licence fee fixed for life
3. Free working permits for foreign labour
4. Residence permit for foreign staff members and their families
5. Competitive leasing rates on SITZ premises
The following business activities are allowed in the SITZ :
1. Re-distribution of goods from Seychelles to foreign markets
2. Llight assembly, manufacturing or processing of goods for foreign markets
3. Provision of export services
All projects must be geared predominantly towards the export market, and must not pose a threat to the environment.
The annual licence costs are as follows:
| Redistribution licence | $550 |
| Light assembly licence | $550 |
| Manufacturing licence | $2700 + US$1300 processing fee |
| Processing licence | $2700 + US$1300 processing fee |
| Export services licence, including headquarters operation | $1500 + US$ 500 processing fee |
Our Lawyers will ensure that all legal requirements are established. Incorporation of your company, labour contracts, Trade Marks & patents
Our Business Consultants will provide you answers to questions on the specifics of your intended project. Taking into consideration your needs and your expectations, our consultant will do a thorough study and analysis on the viability of your project, adapting it to the SIBA framework, and the Seychelles environment. Your project will benefit from our expert advice allowing you to proceed in the appropriate manner towards a profitable enterprise.
Our Project Managers will stand by you and present your intended project at meetings with SIBA, assist with all formalities required for licences, negotiate leasing of the premises and services to the premises, as well as establishing the premises to commence the operations, including communication facilities, furniture and equipment as well as assistance with immigration formalities to obtain work and residence permits for members and staff of the project.
Our Accountants will keep records of accounts and keep your company on the road to prosperity.
Our comprehensive package of services is as follows :
1. Introductory meeting with business entrepreneurs, discussing the specifics of the project, their needs and their expectations
2. Studying and analysing the viability of the project memorandum and adapting it to the SIBA framework, including translation into English or French, if necessary
3. Presentation of project to SIBA, securing of the premises and services to the premises, as well as communication facilities required by the project
4. Assisting with meetings with SIBA representatives where details of the implementation are being considered
5. Formal application for official approval of the project
6. Follow-up with SIBA representatives during consideration of the application, and furnishing any additional information required
7. After formal approval of the project has been obtained from SIBA, preparation of all official documents required for the registration of the SITZ company, and the securing of all necessary facilities
8. Assistance in obtaining the necessary licences to commence operations
9. Assistance with immigration formalities to obtain work and residence permits for members of the project