Seychelles is a nation that is made out of 115 islands, located in the Indian Ocean. The continent of Africa is located at a distance of 1500 km from the Seychelles. Some other territories that are situated nearby are Zanzibar, Reunion, Mauritius, Mayotte, Maldives, Suvadives and Comoros. The Republic of Seychelles has 84,000 inhabitants, the smallest number out of all the African nations. The total area occupied by the 115 islands of Seychelles is 451 sq. km. (174 sq. mi.). The total nominal GDP of the country is at $1.8 million, while the GDP per capita is at $834 million, which is the highest in Africa. Seychelles gained their independence in 1976 and since then the GDP has grown seven times. The main industry that spears this increase in the GDP is the tourism sector, where around 30% of all inhabitants are employed. 70% of the hard currency that is earned by the country comes from this sector. The second largest sector in the Seychelles economy is tuna fishing. Foreign investments have been encouraged by the country’s government so that hotels can be upgraded. As a result, the number of luxury tourism investments in the country has grown quite a bit in recent years.
The Costs of incorporating an offshore company in Seychelles are $3,500 for the first and $1,700 for the following years. Incorporate Now >>
For the bank opening service (Open a bank account in Seychelles) we charge a one-time fee of $770.
The entire process takes around 2-3 business days. Open your offshore company in the Seychelles now >>
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