Regulatory Alerts2005-03-14
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International Corporate Service Providers (Amendment of Schedule) Regulations, 2005
The Minister of Economic Planning and Employment issued these 2005 regulations to amend Schedule 2 of the International Corporate Service Providers Act. The amendment repeals the existing paragraph and substitutes a new provision that exempts licensees from Goods and Services Tax on payments received for authorized activities. This tax exemption also extends to goods imported into Seychelles that are used exclusively by the licensee in carrying out those licensed activities.
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