On 28 January 2019, the Seychelles Ministry of Finance, Trade Investment and Economic Planning issued a release on the review of preferential tax regimes and changes made to comply with BEPS Action 5. This includes a review of the following:
- International Business Companies (IBC);
- Companies (Special Licenses) (CSL);
- Export Services under the International Trade Zone (ITZ);
- Offshore banking (Segment 1 banking license);
- Non-domestic insurance business;
- Reinsurance business;
- Securities busines…