Tentmaker Reports

Seychelles Report

Entrepreneurial Missions Index

33.7

General Information

Population

89,900 (174th most populous country in the world)

RELIGIONS
Roman Catholic82.3%
Anglican6.4%
Seventh Day Adventist1.1%
Other Christian3.4%
Hindu2.1%
Muslim1.1%
Non-Christian1.5%
Unspecified1.5%
None0.6%
LANGUAGES
Creole91.8%
English4.9%
Other3.1%
Unspecified0.2%

Industries

Fishing, tourism, processing of coconuts and vanilla, coir rope, boat building, printing, furniture, beverages

Unless otherwise noted, all information included here was obtained from the World Factbook project 4, conducted by the Central Intelligence Agency (CIA). For more detailed information about Seychelles, visit https://www.cia.gov/library/publications/the-world-factbook/geos/sc.html.

Business Information

The World Bank ranks Seychelles as 87 out of 183 economies in terms of ease of doing business. The country ranks as 114 (of 183) in terms of ease of starting a business.

It requires 0 procedures, takes 0 days, and costs N/A% of income per capita to start a business in Seychelles.

In order to start a business in Seychelles, one must follow these procedures:

  1. Verify uniqueness of company name
  2. Deposit documents at Company Registry for stamp duty assessment
  3. Pay stamp duties at the Registry
  4. Obtain registration certificate
  5. File particulars of the directors and company and the registered office
  6. Obtain business license
  7. Register for taxes at the business tax office
  8. Register employees with social security division
  9. Register with Employment Services Bureau

Unless otherwise noted, all information included here was obtained from the Doing Business project 3, conducted by the World Bank. For more detailed information about starting a business in Seychelles, visit http://www.doingbusiness.org/.

 

To learn more...

 

Seychelles Economic Freedom

The World Economic Forum (WEF) was founded in 1971 by Klaus Martin Schwab at the University of Geneva in Switzerland.  It is a non-profit foundation best known for its annual meeting in Davos, Switzerland, which brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss both economic and social issues facing the world.  The WEF also serves as a think tank, and publishes a wide range of reports focusing on issues of concern and importance to Forum communities. In particular, Strategic Insight Teams focus on producing reports of relevance in the fields of competitiveness, global risks and scenario thinking.  The Global Competitiveness Report measures competitiveness of countries and economic competitiveness among a wide range of factors such as corruption, tax rates, work ethic, and many others.
 

Seychelles Summary

 

1 World Economic Forum

2 Free the World
Gwartney, James and Robert Lawson with Herbert Grubel, Jakob de Haan, Jan-Egbert Sturm, and Eelco Zandberg (2009). Economic Freedom of the World: 2009 Annual Report. Vancouver, BC: The Fraser Institute. Data retrieved from www.freetheworld.com.

3 World Bank Data

4 World Factbook Project

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