The following steps also apply to projects with foreign partnership carried out by Seychellois.

1. Submit a project memorandum
You need to get an approval from the Government of Seychelles by submitting a business plan/project memorandum of your proposed project/business to the Seychelles Investment Bureau (SIB). Your project memorandum must be in line with SIB Guidelines.
The bureau will process your project proposal and communicate the decision by way of a formal letter to you within 30 days from the date of receipt of your proposal, if no other documents requested by SIB are required. After obtaining an approval for your project proposal, you must then begin the process of obtaining the required licenses.

2. Register your business
You need to register your business with the appropriate authority. For most businesses, this will be the Registrar.

3. Obtain a construction permit
You need to apply for a construction permit if your business involved any construction from the Planning Authority, Ministry of National Development. An Environment Impact Assessment (EIA) from the Department of Environment [www.env.gov.sc] might be carried out as well because not all construction work needs to do an EIA before construction is done.

4. Occupational Safety and Health Inspection
If your business consists of activities, such as food or chemical processing, that can put the life of the public and your employees at risk, an Occupational Safety and Health inspection needs to be carried out. Contact the Department of Health, Ministry of Health and Social Development, [www.moh.gov.sv], for more information.

5. Apply for a license
In order for your business to be operational, you need to apply for your license from the Seychelles Licensing Authority (SLA), [www.sla.gov.sc].

6. Register with Social Security Fund
Within 7 days of the commencement of your business, your business needs to be registered with the Social Security Fund, Ministry of Finance.