On 28 July 2015 the Government of Jersey and the Republic of Seychelles signed a Double Tax Agreement (DTA) as a part of a programme by Jersey aiming to strengthen economic and taxation co-operation with other countries.
The DTA boosts credibility for Seychelles as a key offshore jurisdiction and allows investors in Jersey to access Seychelles, as a route to Africa. Further, the DTA provides comfort to worldwide investors to continue investments via Jersey and Seychelles vehicles.
In accordance to the provisions of the treaty the following withholding taxes will apply:
-
Dividends: 0%
-
Interest: 0%
-
Royalties: 0%
The provisions of the treaty will come info effect from January 1
st of the calendar year following that in which the agreement enters into force.
To read the full agreement please
click here.
(
Mondaq, 04.08.15)
More information:
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