The Investment Bureau (SIB) informs the business community and the general public that in line with the Government’s effort to facilitate investment in Seychelles, it has revised the list of projects that will no longer require submission of a Project Memorandum to the Bureau for consideration.

The new amended list is as below and it will take effect as from Monday 9th March 2009.

Activities	Procedures
Churches	Applicant should submit detailed plan to Planning Authority (PA) directly
Commercial and residential development of up to 5 apartments	If investment cost is less than SR10 million plans to be submitted directly to PA
Individual workshops (carpentry, mechanic etc)	If investment cost is less than SR 10 million plans to be submitted directly to PA
Pharmacies	The approval of the Health Commission should be sought prior to issuing of a licence by SLA
Massage parlour/centre complementary health care	The approval of the Health Commission should be sought prior to issuing of a licence by SLA
Professional services	Seychellois applies directly to SLA Non-Seychellois has to submit a small brief to SIB for consideration based on an economic needs test.
Import retail/wholesale	Apply directly for a licence at SLA
Mobile snacks	Apply directly for a licence at SLA after LTD’s approval for the location and clearance from relevant agency
Tourist guide	Apply directly for the licence at SLA. Certificate of qualification from STB is required prior to issuing of a licence by SLA.
Replacement & additional boat of up to 5 boats for hire crafts	Apply directly for licence at SLA after clearance from STB and SMSA
Take Away Outlet	Apply directly to SLA after receiving approval from Health, Fire Dept, (PA if necessary).

Incentives Unit
The Bureau would also like to inform the businesses/TIA certificate holders that the procedure for fiscal incentives under the TIA will be transferred to the Ministry of Finance effective of Monday 9th March 2009.