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The tables below give an indication of the basic cost of operation in
Seychelles. These are subjected to change.
Exchange Rate
Business License
Business Tax
Import Permit
Social Security
Human Resource
Gainful Occupation Permit (GOP)
Utilities
Fuel
Telecommunication
Transportation
Office Premises
1. Exchange Rate
Please visit the Central Bank of Seychelles (CBS) [www.cbs.sc] for the
latest exchange rate.
2. Business License
| Range from SR 150 to SR 10 050, depending on the nature of the business |
3. Business Tax
| Insurance Threshold (SR) |
Rate (%) |
| NIL - 250,000 |
0 |
| 250,001 and over |
40 |
4. Import Permit
5. Social Security
The employee’s contribution is 2.5 % of emoluments
whilst an employer is required to contribute according to the schedule
below:
| Monthly Emoluments(SR) |
Employers Contribution (%) |
| FLAT RATE |
20 |
6. Human Resource
The minimum salary is SR 2200 for the private sector as well as for the public sector. The following table gives
an indication of the salary scale in the public sector.
| Grade |
Salary Scale (SR) |
| Chief Executive Officer |
5925-6425 plus Allowances |
| Senior Executive Grade I |
5425-5925 plus Allowances |
| Senior Executive Grade II |
5025-5425 plus Allowances |
| Technical Level 1 |
4525-5025 |
| Technical Level 2 |
3625-4125 |
| Administration Supports |
2325-3225 |
7. Gainful Occupation Permit (GOP)
| The work permit fee is SR 18 000 per year plus a processing fee of SR 600.
Fees may be paid by monthly installments |
8. Utilities
Water
| Commercial Rental Charge (units)
|
Tariff Monthly Charge Cost (SR)
|
Environmental Charge (SR)
|
| 0 to 5 (basic cost) |
55 |
10 |
| 5 to 100 |
11 per unit |
10 |
| Above 100 |
15 per unit |
10 |
Electricity
Tariff Monthly Charge Cost
Rate applicable to either single or thre phase connection |
Demand Charge SR/KVA |
nergy Charge SR/KWh |
| 0 to 200 KWh |
9.16 |
0.60 |
| 0 to 500 KWh |
15.87 |
0.60 |
| 501 to 1000 KWh |
15.87 |
1.81 |
| In Excess of 1000 KWh |
15.87 |
2.20 |
9. Fuel
| Tariff
|
Charge (SR/Litre)
|
| Diesel
|
12.00 |
| Gasoline
|
11.50 |
10. Telecommunication
Fixed Line Telephone and Mobile
Internet
11. Transportation
| Type of Transport |
Cost (SR) |
| Public Bus |
3.00 to any destination |
| Taxi (Mahe) |
23.00 for 1st km and 7.50 for the additional kms |
| Taxi (Praslin and La Digue) |
26.00 for 1st km and 9 for the additional kms |
| Pick up truck |
from 250.00 upwards per trip, depending on cargo and distance |
12. Office Premises
| Type |
Cost (SR) |
| Single office (15-40) m2 |
2,000 to 3,500 |
| Workshop (40-100) m2 |
4,000 to 5,000 |
| Lease Land for 60 years at Victoria |
50SR/m2 per year |
| Lease Land for 60 years at Providence Industrial Estate |
30-50SR/m2 per year |
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