Special License Company (CSL) & Mauritius Global Business Licence (GBC)

The CSL is a local tax resident company specially licensed by the Seychelles Financial Services Authority, which is taxed at a rate of 1.5% of its worldwide (gross) income.

It is registered as a normal domestic company under the Companies Ordinance 1972 but granted a special license by the Seychelles International Business Authority (SIBA) granting the special tax status and extra privacy provisions.

For those looking to establish a relatively inexpensive, tax paying domestic company, the Seychelles CSL presents an excellent option for a variety of different potential activities detailed below.

A Seychelles CSL may also have access to the growing list of Double Taxation Avoidance Agreements ("DTAAs") entered into between the Government of Seychelles and various treaty partner countries. With the allowance of foreign tax credits and expenses for certain items, the effective tax rate may actually be 0% in Seychelles.

The typical uses of a CSL include the following:

Undertaking the business of investment management and advice

Offshore banking (a separate banking license is required)

Offshore insurance and re-insurance (a separate insurance license is required)

Investment services


Intellectual property holding


Human resources

It may also operate as a headquarters or holding company.

The CSL is also the prescribed entity to operate under the Seychelles International Trade Zone License.