REQUEST A QUOTATION
The Seychelles group of islands in the Indian Ocean comprises over one hundred named islands, most being situated between four and five degrees south of the equator. The largest island is Mahé.
The Seychelles has a population of around 80,000, descended primarily from French settlers, Africans, British sailors and traders from India, China and the Middle East.
Discovery of the Islands is credited to the Portuguese explorer Vasco de Gama. The first French settlement was established on St. Anne Island on the 27th August 1770.
In 1814 the Seychelles, along with Mauritius, were ceded to Great Britain under the terms of the Treaty of Paris. It was only in 1960 that the first gradual constitutional reforms were introduced.
The Head of State is the President and a National Assembly of directly elected Members heads the legislative side of Government. Seychelles is an independent republic within the British Commonwealth.
The Seychelles economy is primarily tourism and fishing based. Industrial fishing is on the increase.
The rapidly expanding financial sector, linked to the establishment of the Seychelles International Business Authority and a suite of progressive laws facilitating the establishment of offshore structures and encouraging inward investment, is now a significant element of the economy.
An ever-increasing number of international banks and insurance companies have established either branches or subsidiaries whom, together with local management, accounting and legal firms provide clients with support.
The Port of Victoria is well equipped with modern cargo handling equipment and has more than 6,000 square metres of covered storage space.
The Seychelles International Airport is one of the finest in the Indian Ocean region. In addition to the national flag carrier, Air Seychelles, the airport is served by a number of other airlines.
The official languages are English, French and Creole. Creole is spoken widely. English is the main language of business.
Exchange controls do not apply to "offshore" business.
Based on English Common Law and French Civil Law.
The International Trust Act 1994.
Discretionary, Charitable, Purpose
After completing the documents required for a Trust, a declaration by the Trustees is to be made to the authorities confirming that the settlor is not resident of the Seychelles, the Trust property does not include immoveable property situated in the Seychelles and the Trust qualifies as an International Trust.
English or French. If any other language is used it must be accompanied by a translation in either English or French.
Yes, must be licensed in the Seychelles.
Anything identical or similar to a company already incorporated. Anything that implies patronage of the Seychelles, or any other government, insurance, royal, imperial or any other name that may imply that a company intends to undertake a licensable or undesirable activity.
The name can be in any language, but must be accompanied by a translation in English or French. The documentation will either be in English, or it is possible to have bilingual documentation in English and Chinese or any other language accompanied by a translation in English or French.
The assets of the trust can be anything other than a property situated in the Seychelles or any shares, debentures, or any interests in any body incorporated under the law of a country other than the Seychelles or an International Business Company or another International Trust.
An International Trust is exempted from local taxation subject to the above.
There are no requirements to file financial statements, but a trust must keep records to reflect its financial position.
The minimum number of Trustees is one, and must be a licensed Trustee in the Seychelles.
An identifiable and ascertainable beneficiary has to be defined on creation of a Trust. However beneficiaries can be added and excluded at any time by the Trustees. A settlor or trustee may also be a beneficiary but shall not at any time be the sole beneficiary of the Trust.
Seychelles Trust Fact Sheet (PDF)
Seychelles Trust Questionnaire (PDF)
Seychelles Order Form (PDF)
A bespoke 'offshore' solution can be complex and requires careful planning and execution. We therefore encourage our clients to contact the
consultants below directly, without obligation. Should you prefer, click on the button below and request that a consultant from the Mauritius office calls you
REQUEST A CALLBACK
Alternatively, right click to download the order forms and complete and submit by email or fax to any of the office consultants listed below:
Seychelles Trust Order Form