Seychelles is an attractive offshore destination which hosts the investments and the assets of numerous foreign investors who are looking for business privacy, and a stable political and economic environment. More than that, Seychelles offers several advantages with a special trade zone, the ITZ (International Trade Zone). If you would like to know more about the benefits of such important business destination, and about how you can set up a company in Seychelles, we invite you to talk to our team of company formation agents in Seychelles.
What are the tax benefits in Seychelles ITZ?
The main tax advantages for which investors decide for opening a company in Seychelles ITZ are the corporate tax, the withholding tax, and no stamp duty for equipment investments in Seychelles. Also, there are no social security contributions imposed for companies with establishments in Seychelles ITZ, and there is no VAT imposed on products sold in Seychelles. Because of such tax benefits in Seychelles, the foreign investments in the insular state are mostly directed to this special International Trade Zone. Our company incorporation agents in Seychelles can offer in-depth information about the tax advantages for your company in the archipelago.
Import and export benefits for Seychelles ITZ companies
The International Trade Zone in Seychelles is also appreciated for the advantages concerning the import and export activities. The following table shows the main benefits in the trading sector for foreigners who want to establish their activities in Seychelles ITZ:
| IMPORT & EXPORT | EXEMPTIONS |
| VAT for imports | NO |
| VAT for good sold in Seychelles | NO |
| Duties | NO |
What other benefits do ITZ companies offer in Seychelles?
Among the other advantages of SeychellesITZ companies, it is good to know that foreigners can control their businesses outside the archipelago, can sign contracts, can issue invoices, can have 100% ownership in the company, and can hire employees from the home country. One should know that a company in Seychelles ITZ requires one stockholder and one director at the time of company formation.
If you would like to know more about the advantages of Seychelles ITZ, please feel free to contact our team of company incorporation specialists in Seychelles.