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Introduction | Information SEYCHELLES The Seychelles were uninhabited when the British East India Company arrived on the archipelago in 1609. The French claimed the islands in 1756 and administered them as part of the colony of Mauritius. The British gained control of the islands through the Treaty of Paris (1814) and changed the islands' name from the French Séchelles to Seychelles. The islands became self-governing in 1975 and independent on June 29, 1976. They have remained a member of the Commonwealth of Nations. To increase revenue, in 1996 the government quietly initiated an Economic Citizenship Programme that provides foreigners with the opportunity to obtain a Seychelles passport upon payment of US$25,000. A new law in late 1995 had granted immunity from criminal prosecution to anyone investing US$10 million in the country. As a relatively new offshore jurisdiction, the Seychelles can offer a wide availability of names, for incorporation based on the Bahamian model. The communications system of this archipelago is excellent, as are the flight connections. The Seychelles are an excellent investment base for investors between Europe and the Far East, being between these time zones, and have the benefit of a multi-lingual population, with English and French as the two business languages. The Seychelles main interest for investors is in its shipping registry and in the use of its International Trade Zone, set up to attract import-export business. Hybrid legal system Speedy incorporation - as little as 3 hours Zero taxation No disclosure of beneficial owners Highly flexible modern legislation Not commonly perceived as a tax haven Migration of companies permitted No need to report changes in structure to Registrar Incorporation Datasheet Limited Partnerships Act 2003 Protected Cell Companies Act 2003 Companies (Special Licences) Act 2003 Anti Money Laundering Act 1996 International Business Companies Act 1994 (as amended 2000) International Trust Act 1994 (as amended, 2000)