
Seychelles is described by many people as a paradise for its enthralling tourism. But there is more beyond the scenic landscapes. The strategic location of Seychelles in the heart of the Indian Ocean has made it a perfect destination for international business. The 115 islands spread in the jurisdiction’s 1.45 million square kilometers has become an irresistible area for helping businesses catapult to global status. This post demonstrates five important tips used by new companies registered in Seychelles to grow into multinationals.
Why Seychelles?
The mind of every investor is to make his startup a global venture within the shortest time possible. When you decide to go for company incorporation Seychelles, you can expect a lot of support from its administration. The government has been working very hard to attract more investors to remain a more competitive hub compared to others around the globe. Here are the main advantages of registering a company in Seychelles.
- The process of business registration is simple and direct.
- The jurisdiction has a straightforward tax regime that allows users to keep the bulk of their profits.
- You can qualify for zero percent tax if the operations are conducted outside Seychelles.
- The Seychelles jurisdiction is highly advanced.
- The jurisdiction has entered into many double tax arrangements (DTAs) that companies can take advantage of to grow faster into the global sphere.
To make the process of company incorporation Seychelles easier, you should consider using the services of an agency. Most agencies are experts with many years of experience assisting companies to register and with the early establishment. Besides, they provide useful advice that your business requires for the early establishment.
Three crucial tips to help your Seychelles enterprise march to success after registration
Once you have registered a company successfully, it is important to appreciate that the first phase has simply come to a conclusion. The second stage will need you to be more crafty, technical and responsive to customer needs. Here are the main tips to help you succeed in Seychelles.
- Make sure to get professionals in the business
Having the right professionals by your side is crucial in crafting better strategies for growth after company incorporation Seychelles. Here, it is important to go for experts who have been in the industry and demonstrated capacity to help businesses grow faster.
- Ensure to operate in full compliance with the local laws and other international obligations
As an offshore company, you do not want to get into conflict with the law. This could result in unnecessary court battles, penalties, and even cancellation of the operational license. Therefore, compliance with local laws should inform all decisions taken by the administration.
- Make progressive learning one of the company’s core objectives
Now that the company is registered, the next thing is how to stand out from others. Here, the target should be looking for the best ways to progressively improve the company and its products. For example, a company in the hospitality niche can follow clients to get their feedback and improve on the services. The focus should be extended to progressively assessing competitors and ensuring you have better services all the time.