Seychelles News: Other Legal Updates

Article Published on August 3, 2021

In July 2021, several changes were made to the existing legislation of legal entities operating in the Seychelles. Most of these changes were implemented to address the deficiencies identified by international standard setting bodies, namely the Global Forum for Transparency and Exchange on Information Tax Matters under the ambit of the OECD and the FATF:

- Trust Bill, 2021. (Bill No. 31 of 2021)
- Limited Partnership (Amendment) Bill, 2021
- International Business Companies (Amendment) Bill, 2021
- Companies (Special Licences) (Amendment) Bill, 2021
- Foundations (Amendment) Bill, 2021
- International Corporate Service Providers (Amendment) Bill, 2021

Stay tuned for more updates in that regard!