Offshore Installation Botswana. Numbered accounts

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In March this year, Michel said that the Government plans to expand its offshore business sector with new products, as well as attract foreign investment through the further liberalization of exchange controls. In his address to the nation last month, Michel said the introduction of a law on mutual funds as special licensed companies on the stock exchange and on new products and services, the insurance sector. Pursuant to the President of the Government promises posposobstvovalo investment in local companies through the introduction of a law exempting from tax the first SR250, 000 (US $ 41,000) profit of all companies. The law came into force on 1 January 2007. Seychelles is also the government paid a large part of its zalozhennosti to the African Development Bank, the World Bank, European Investment Bank and the Paris Club of creditors through the issuance of bonds in the past year, US $ 200 million