Intelligence

Fundamental changes to the IBC regime in Seychelles are imminent with the enactment of the new IBC Act 2016 (New Act).

Seychelles is one of the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and a stable political situation.

The Seychelles offer a wide variety of financial services, including offshore banking, investments and insurance.

This Guide is concerned exclusively with limited partnerships formed under the Seychelles’ Limited Partnerships Act, 2003.

The Seychelles’ statute law on companies is contained in the Companies Ordinance, 1972 (Companies Ordinance) which was modelled on the old UK Companies Act.

The Mutual Funds and Hedge Fund Act, 1998 was brought into law in the Seychelles with a view to creating an investment fund regime that is designed to be both relatively "light touch" in its regulation at the same time as protecting the interests of investors depending on their level of market experience.