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Seychelles
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The Seychelles is governed under the constitution of 1993. The president, who is both head of state and head of government, is popularly elected for a five-year term and is eligible for two more terms. The unicameral legislature consists of the 34-seat National Assembly. Twenty-five members are elected by popular vote, and nine are chosen proportionally by parties winning at least 10% of the vote. All serve five-year terms. Administratively, the country is divided into 23 districts.
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From the date of its founding by the French until 1903, the Seychelles colony was regarded as a dependency of Mauritius, which ... passed from the French to British rule in 1814. In 1888, a separate administrator and executive and administrative councils were established for the Seychelles archipelago. Nine years later, the administrator acquired full powers of a British colonial governor, and on August 31, 1903, Seychelles became a separate British Crown Colony.
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A Seychelles IBC pays a government fee of $100 at registration, and per annum thereafter. Quite uniquely... this government fee applies to all International Business Companies regardless of the amount of their authorized capital, paid up capital, number of shares or other corporate variables.
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The Seychelles, the name alone conjures up images of hidden treasure and tropical paradise. The myths still exist; are they just the jewel-like scattered remnants of a forgotten continent, or simply the original ‘Garden of Eden’, and what arcane mysteries are locked inside of those 650 million year old rocks. Whatever, one thing is certain, you will never find such a unique paradise anywhere else on Earth.
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Seychelles-registered ships are exempt from business tax on their profits. Since there is no personal income tax in the Seychelles, personnel working on board a Seychelles ship do not pay any tax.
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Some of the real estate agents listed deal in property for salein Seychelles. Others specialise in property for rentin Seychelles. Some offer real estate for sale and for rentin Seychelles. In many cases vacation rentalsin Seychelles are offered bythe owners of the property but in some instances real estate agents offer vacation rentalsin Seychelles.
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