Application for Seychelles Investment Advisor License is guided by the Seychelles Securities Act, 2007. The act governs the conduct of securities business activities in the country and is responsible for the creation of a suitable regulatory environment for one of the world’s emerging offshore financial centres.
Key Features
An Investment Advisor as per the definition of the Securities Act, 2007 is:
- A person who carries on business giving advice on securities, or
- Holds himself out as conducting, in Seychelles, such business described below:
- Advises other persons concerning investment in securities
Issues, analyses or reports concerning specific securities or - Manages a portfolio of securities for another person without holding property of the other person and on terms that preclude him from doing so.
- Advises other persons concerning investment in securities
A person is not regarded as carrying on business of giving advice on securities if that person:
- Is a securities dealer
- Is a bank in Seychelles
- Is a lawyer or a professional accountant who gives advice on securities as an incident to the practice of that person’s profession
- Gives advice on securities only in a newspaper, magazine, journal or other periodical publication
- Which is generally available to the public
- Which does not have as its principal or only object the provision of advice,
- The issue of analyses or reports, concerning securities
Legal Requirements
Requirements | Description |
General | |
Corporate vehicle permitted | Individuals/Companies |
License application fee | |
Annual license fee | |
Representative application fee (in case of IAL for companies) | |
Representative license fee (in case of IAL for companies) | |
Local physical office required | No |
Share capital or equivalent | |
Minimum paid up capital | |
Directors | |
Minimum number | 2 |
Corporate directorship allowed | Yes |
Local director required | No |
Shareholders | |
Minimum number | 2 |
Corporate shareholder allowed | Yes |
Local shareholder required | No |
Service Providers Required | |
Company secretary | Yes |
Tax Treatment
- A tax rate of 1.5% will be applicable on the assessable (gross) income of the licensee.
- No withholding tax is payable on dividends and/or interest payable.
Duration to Set Up
About 3 months
Distinctive Benefits of Licence
- Ease and speed of establishment
- Flexible structuring of the entity
- Favourable compliance restrictions
- Friendly regulatory environment
Why AAA Management services
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers