Jersey signs Agreement with Seychelles
The Double Tax Agreement was signed between Jersey and the Republic of Seychelles in London on 28 July 2015.
This agreement is significant because it boosts credibility for the Seychelles and provides investors in Jersey a favourable route into Africa.
In accordance with the agreement the following withholding taxes will apply;
- Dividends 0%
- Interest 0%
- Royalties 0%
Once the agreement enters into force it will become effective from January 1st of the following year.