FAQ - here some answers of the Business Register

The last update in January 2022, Seychelles is a small island nation located in the Indian Ocean, northeast of Madagascar and about 1,600 kilometers (994 miles) east of mainland Africa. Here more details about the Seychellois economy:

• Economy:
  • Seychelles has a relatively small but diverse economy, with key sectors including tourism, fishing, agriculture, and offshore financial services.
  • Tourism is the main driver of economic growth and foreign exchange earnings in Seychelles. The country is renowned for its pristine beaches, crystal-clear waters, and unique biodiversity, attracting tourists from around the world.
  • Fishing is another important sector, with Seychelles being one of the world’s largest tuna fishing grounds. The fishing industry contributes significantly to the country’s export earnings and food security.
  • Agriculture, although less prominent than tourism and fishing, plays a role in Seychelles’ economy, particularly in the production of spices, fruits, and vegetables for domestic consumption.
  • Seychelles has also developed a niche in offshore financial services, including offshore banking, insurance, and company registration. The sector contributes to the country’s financial services industry and foreign investment inflows.
• Gross Domestic Product (GDP):
  • Seychelles has a nominal GDP of around USD 1.6 to 1.7 billion.
  • The GDP per capita is approximately USD 15,000 to USD 16,000.
• GDP Growth Rate:
  • Seychelles has experienced moderate GDP growth in recent years, averaging around 3% to 4% annually.
• Employment:
  • The unemployment rate in Seychelles is relatively low, typically around 3% to 5%.
  • The tourism sector is the largest employer, followed by fisheries and other service industries.
• Tourism:
  • Tourism is the main contributor to Seychelles’ economy, accounting for a significant portion of GDP.
  • The country attracts around 350,000 to 400,000 tourists annually.
  • Tourism-related activities contribute to over 25% of total employment.
• Fisheries:
  • Seychelles has a thriving fisheries sector, with tuna being the primary export.
  • The country’s Exclusive Economic Zone (EEZ) is one of the largest in the world, providing ample fishing grounds.
  • Fisheries contribute significantly to export earnings and government revenue.
• Foreign Direct Investment (FDI):
  • Seychelles attracts foreign investment, particularly in the tourism and financial services sectors.
  • FDI inflows vary but have been increasing steadily over the years.
• Inflation:
  • Inflation in Seychelles is relatively low and stable, typically ranging from 1% to 3% annually.
  • The government implements monetary policies to manage inflation and stabilize prices.
• Government Revenue and Expenditure:
  • The government of Seychelles generates revenue from taxes, tourism-related activities, and other sources.
  • Government expenditure focuses on infrastructure development, education, healthcare, and social welfare programs.
• Debt:
  • Seychelles has managed to reduce its external debt in recent years through debt restructuring and prudent fiscal management.
  • The country’s debt-to-GDP ratio is around 60% to 65%.
• Exchange Rate:
  • The Seychellois rupee (SCR) is the official currency of Seychelles.
  • The exchange rate fluctuates but is typically around 13 to 14 SCR per USD.

These figures provide an overview of Seychelles’ economy in terms of its size, growth, key sectors, employment, and economic indicators. It’s important to note that economic data can vary from year to year and may be subject to revisions based on updated information and economic conditions. For the most current and accurate data, it’s recommended to refer to official sources such as the Seychelles National Bureau of Statistics or international organizations like the World Bank and the International Monetary Fund.

Export partners: UAE 28.5%, France 24%, United Kingdom 13.8%, Italy 8.9%, Germany 4.6% 

Import Partners: UAE 13.4%, France 9.4%, Spain 5.7%, South Africa 5% 

All Seychelles companies (Local, IBC, Ltd, Limited, (PTY) etc.) can obtain a free business listing in the business register.

Here is the link for listing your business:
https://commercialregister.sc/add-listing/seychelles/

All information, certificates and apostilles are issued officially and in original by the FSA,
the Companies Registry and the Seychelles Supreme Court.

In all certificate pages and at the shop you can choose the certificate with or without an Apostille.

Seychelles has agreed to the 1961 Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents. Therefore, Seychelles accepts the apostille certificate for Seychelles company register search documents instead of another legalization procedure.
Seychelles acceded to the Hague Convention on March 31, 1979.

Ordering a certificate in Seychelles, whether it’s a Certificate of Incorporation, Certificate of Good Standing, or any other type of official document, typically involves a straightforward process facilitated by the Seychelles Registrar of Companies or other relevant authorities. Here’s a step-by-step guide on how to order a certificate in Seychelles:

1. Identify the Type of Certificate Needed: Determine the specific type of certificate you require. This could include a Certificate of Incorporation to verify a company’s registration, a Certificate of Good Standing to confirm its compliance status, Certificate of Official Search to search more information about a Seychelles company, or other certificates related to business transactions, legal proceedings, or regulatory requirements.
2. Order at the certificate page or at the shop: order online the certificate, clearly stating the type of certificate needed, the name of the company or entity or IBC number, and any other relevant information required for identification purposes. Include your contact details for communication and follow-up.
3. Pay you order: There is typically a fee associated with ordering a certificate in Seychelles. Ensure that you pay the required fees in accordance with the Commercial Register of Seychelles schedule. Payment can usually be made by by Credit Cart, PayPal or with Crypto.
4. Wait for Processing: Once you’ve submitted your order and paid the fees, the Comercial Register of Seychelles will process your application. This may take some time, depending on the workload and processing times of the Registrar. Be patient and allow sufficient time for your order to be completed. Approx. 3-5 working days.
5. Receive the Certificate: Once your order has been processed, the Registrar of Companies will issue the certificate. This will be in the form of an electronic certificate. Ensure to verify the accuracy of the information provided in the certificate upon receipt.
6. Follow-Up if Necessary: If you haven’t received the certificate within the expected timeframe, or if you have any questions or concerns about your request, don’t hesitate to follow up and contact us. We will be able to provide you with updates on the status of your application and address any issues that may arise.
7. Utilize the Certificate: Once you have received the certificate, you can use it for its intended purpose. Whether it’s for business transactions, legal proceedings, regulatory compliance, or other administrative requirements, ensure that you keep the certificate in a safe and secure location for future reference.

In summary, ordering a certificate in Seychelles involves contacting the Registrar of Companies, submitting a online order, paying the prescribed fees, waiting for processing, receiving the certificate, and utilizing it for its intended purpose. By following these steps and complying with the Registrar’s requirements, you can obtain the certificate you need efficiently and effectively.

These are the certificates we are providing and issue for you after online order:

Certificate of Incorporation to verify a company’s registration
Certificate of Good Standing to confirm its compliance status
Certificate of Official Search to get more information about a Seychelles company

By request, please contact us:

Certificate of of Dissolution (if applicable)
Memorandum of Association
Articles of Association
Extract of resolutions (if applicable)

Yes, of course. You will receive an official invoice from the Commercial Register Seychelles with the details you provided when you placed your order.