The Seychelles has established well-formed legislations for International Business Companies, Offshore Banks, Insurance Companies, Mutual Funds, Trusts, and extensive programs of investment incentives, as well as the International Trade Zone. The Seychelles have territorial taxation; thus only locally-sourced income is taxed.
Furthermore the Seychelles are an excellent investment base for investors between Europe and the Far East, being between these time zones, and have the benefit of a multi-lingual population, with English and French as the two business languages.
The laws of Seychelles take a most comprehensive, modern and attractive approach to the establishment and operation of offshore companies, mutual funds, offshore banking, offshore insurance and freeport activities.
In 2003, the government legislated for additional types of company: Special License Companies, Protected Cell Companies and Limited Partnerships. It is easy to form corporations, and privacy is reasonably assured. Seychelles signed a number of tax treaties which add an excellent instrument available in the jurisdiction for the tax planning.