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SEYCHELLES INVESTMENT BOARD (SIB)
 

 

Seychelles Investment Board (SIB):

Established in July 2004, SIB's role is to promote and facilitate local and foreign investments and contribute towards economic growth. The Board’s dedicated team of professionals can guide a potential investor through the process of establishing a business in Seychelles, from start to finish. The main activities of the board include:

  • Promotion of Seychelles’ investment opportunities, business climate and environment.
  • Undertake investment, trade missions and road shows.
  • Provide market intelligence, market opportunities and information on costs of doing business.
  • Partner identification and business match making.
  • Pre-investment counselling and guidance on existing policies and regulations.
  • Organise concept presentation meetings.
  • Coordinate visits and discussions between investors, public agencies and stakeholders.
  • Provide assistance with obtaining clearances from relevant authorities, required work permits and licenses.
  • Provision of advisory and post investment support services to facilitate the realisation of re-investments. 

All non-Seychellois are required to go through SIB to ensure adherence to policies in place and for data capturing of all FDI entering the country.


Message from the CEO of the Seychelles Investment Board

Foreign Direct Investment remains the largest and most stable source of development finance in developing economies, and Seychelles is no exception. Encouraging productive investments by private sector helps to advance national development goals and the Seychelles Investment Board (SIB) is the public institution that is mandated to support investment facilitation, private sector developments, procedural administration, stakeholder coordination and engagement, service provision and promotion under the Seychelles Investment Act in achieving this objective. In order to do so, SIB remains a committed partner to all investors wishing to open a business or expand an existing business in Seychelles.

Seychelles has made strides in creating investor-friendly conditions by implementing the Seychelles Investment Policy, signing multiple Double Taxation Avoidance Agreements (DTAAs), gaining preferential tax terms for local businesses and businesses registered in Seychelles doing business overseas and Investment Promotion and Protection Agreements (IPPAs). The country’s DTAAs, as well as the other bilateral trade agreements the Seychelles has entered into, are continually reviewed to ensure that their provisions encourage international trade and investments, and provide investors with increased certainty over their tax treatment; reduce the scope for double taxation of income and capital; improve profits and reduce risks. Lastly, in Seychelles, the notion of Intellectual Property (IP) Rights is taken very seriously, which is why the country is a signatory to the World Intellectual Property Organization (WIPO) and the World Trade Organization’s Agreement on Trade-Related Aspects of Intellectual Property Rights. Seychelles has put in place a comprehensive intellectual property regime under the Industrial Property Act, 2014 and the Copyright Act 2014.