The Republic of Seychelles is an island country spanning an archipelago of 115 islands in the western Indian Ocean. Mahe is the largest island with the capital of Victoria located here. The Seychelles gained independence from Britain in 1976 and now has a stable, democratic government. The official languages are English, French and Seychellois Creole however English remains the language of government and commerce.
The most important industries in the Seychelles are tourism and the financial services sector. Since the introduction of the International Business Companies Act in 1994 the Seychelles has grown into a competitive location for offshore company incorporations. This has made the offshore financial and corporate sector a rapidly developing part of the Seychelles economy.
Seychelles Company Formation
The Seychelles has a good infrastructure with an international airport and exceptional telecommunications services. The main airport in Victoria is linked to a number of major European, Africa and Middle Eastern airports and with over 100 flights per week the Seychelles is very accessible. There are numerous international banks based in the Seychelles and the currency is the Seychelles Rupee however the official currency used in the offshore services sector is the US dollar.
As one of the most stable socio-economic regions in the world the Seychelles is a highly regarded jurisdiction in which to conduct international business activities.