The Republic of the Seychelles gained independence from the United Kingdom in 1976. It is an archipelago made up of 115 islands and is home to two UNESCO World Heritage Sites.
It enjoys close connections with Africa, the Middle East and Asia and is a member of the Commonwealth of Nations, the United Nations, African Union, COMESA and SADC. The Seychelles has a continuously expanding network of double taxation agreements including China, Singapore, Malaysia, Luxembourg, Monaco, Channel Islands, Isle of Man and the UAE.
Over the past two decades the island has enjoyed significant success in establishing itself as a highly regarded and respected international financial centre. It has gained a reputation for providing a secure and stable regulatory framework whilst meeting international standards and being fully compliant with all current OECD and SADC directives.
Seychelles accountants are trained under IFRS and all products and services offered by the financial sector conform to international standards. The regulator for the life insurance industry is the Seychelles Financial Services Authority.
The Seychelles legal profession is long established and has a hybrid legal system that combines English Common Law and French Civil Law. Importantly for Atlas Life policyholders all policy benefits payable to non-residents of the Seychelles are free of all taxes.
The Seychelles legal profession is long established and has a hybrid legal system that combines English Common Law and French Civil Law.