Global Law Experts top search results to help tackle law in Seychelles

The Seychelles legal system mixes civil law and common law traditions. It is based on written legislation, including the Constitution and subsidiary laws, while judicial decisions also have importance. Courts operate hierarchically, with the Supreme Court as the highest judicial authority. Judges interpret laws with respect to statute and precedent, ensuring balanced justice. This hybrid system supports both local needs and international business requirements in Seychelles.

Foreign investors in Seychelles must register their businesses with the Seychelles Investment Board or other relevant authorities. Certain sectors may require specific licenses or approvals. Investors often need to comply with local laws on ownership, employment, and environmental standards. Additionally, some incentives encourage foreign investment, with protections in place to secure investor rights. Understanding these legal steps is crucial for smooth market entry and compliance.

Arbitration in Seychelles is governed by the Seychelles Arbitration Act, which aligns with internationally recognized standards like the UNCITRAL Model Law. The Act supports arbitration as an effective alternative dispute resolution method, allowing parties to settle disputes privately and speedily. Awards made under this law are recognized and enforceable in Seychelles, providing confidence to businesses and individuals engaging in arbitration agreements locally and internationally.

Seychelles has a straightforward tax system comprising income tax, corporate tax, VAT, and other indirect taxes. The corporate tax rate is generally 25%, with certain exemptions for specific sectors or offshore entities. Seychelles also offers tax incentives to promote investment and economic growth. The system encourages compliance through clear guidelines and timely filing requirements, supporting transparent business operations in the region.

Trademark registration in Seychelles is managed by the Seychelles Intellectual Property Office. Applicants must submit an application, including the trademark details and the goods or services it covers. After examination, the application is published for opposition. If no objections arise or if resolved, the trademark is registered and protected for renewable periods. Legal assistance can streamline this process and ensure compliance with relevant laws.