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   :: Basic Cost

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

SR1050 for any business.



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

Company Contact Details
Cable and Wireless www.cw.com/seychelles
Airtel www.airtel.sc
Intel Vision www.intelvision.sc



Internet

Internet Service Provider (ISP) Contact Details
Atlas www.seychelles.net
Kokonet www.kokonet.sc/pages/kokonet.htm
IntelVision www.intelvision.sc



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