Cost of Doing Business in Seychelles

Utilities (Water/Electricity)

Water
Commercial Rental charge SR/KL
Additional Charges
Tariff monthly charge cost
0 – 100 units - SR16.80 (per unit) Above 100 units – SR 21.60 (per unit)
Environmental Charge - SR 25 Fixed Charge - SR10
Tariff – Sewerage
0 – 100 units - SR9.60 Above 100 units - SR14.40
 
Electricity
Demand charge SR/KVA
Energy Charge SR/KWh
Tariff Monthly Charge cost Rate applicable to either single or three phase connection:
Seychelles is 4 hours ahead of GMT
3 hours ahead of British summer time
2 hours ahead of European summer time
 
0 to 500 KWh
9.16
3.00
501 to 1000 KWh
15.87
3.20
> 1000 KWh
15.87
3.30


Telecommunication

Company  
Cable and wireless
Fixed line
3 minutes call @ 82 cents; special company packages available for cellular phone.
Airtel Telephone
Fixed line phone
3 minutes call @ 85 cents; special company packages available for cellular phone
Internet Connection on Monthly basis
Cost/SR
Kokonet
50 hours free online @ 200SR +25SR per hour overtime. Wireless connection monthly data @ from 450SR
Atlas
60 hours free online @ 225SR +25SR per hour overtime Wireless connection monthly data @ from 500SR


Manpower
The following table gives an indication of the scale to the salary in the public sector.

Grade  Basic Salary Scale (SR)
Chief Executive Officer
22,813-53,145+ allowances
Senior Executive G1
5,485-19,783+ allowances
Senior Executive G2
5,485-19,783
Technical Level1
5,485-19,783
Technical Level2
5,485-19,783
Officer Administration
5,485-19,783

Minimum wage is SR 5,485 per month, for details see Public Service Salary Act 2013 and the Employment Act.

 


Business Licence
Business Licence fee: Ranges from SR one hundred and fifty to SR one million depending on the nature of the business. Import Licence fee: SR1,050 for any business

Insurance
State Assurance Company Limited (SACL), Harry Savy Insurance Ltd and La Prudence Mauricienne Assurance Ltee are the three insurance companies in Seychelles. Insurance fees ranges depending on the type of business registered.

Transport

Type Cost/SR
Public Bus (to any destination)
5.00SR per person
Taxi ( Mahe ) first km
25.00SR
Every extra km
23.00SR
Taxi (Praslin) / ( La Digue) first km
28.00SR
Every Extra km
24.50SR
Pick-up truck /trip
10.00SR
from 400.00SR upwards depending on cargo and distance


Working Premises

Type Cost
Single office (15-40) m2
Workshop (40-100) m2 Lease Land for 60yrs @Victoria
Lease Land for 60yrs @ Providence Industrial Estate
@ ~ 3000-7000SR per month
@~ 5,000-6,000SR
@ 50SR/m2 per year
@ 30-50SR/m2 per year


Gainful Occupation Permit - GOP

Work Permit Fee: this applies only to non-Seychellois workers in employment. The work permit fee is SR 700 per month per person + a processing fee of SR1000/-.

Videos

  • Seychelles Investment Board 2015 Advertisement
  • Seychelles Investment Board Corporate Video
  • Ile Soleil : Invitation to Tender for the sublease of a Tourism Development
  • SLIDESHOW Seychelles Investment Forum Hong Kong - no audio
  • Ile Soleil TV Advert
  • Ile Soleil 3D TV Advert 8 Jan 14
 
 
 

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