No taxes are levied on the earnings or profits from the operation of a Seychelles Flag vessel.
- No income tax is payable on the profit by an offshore company, which owns ships under the Seychelles flag and operates in international waters. Further no tax is payable on the dividend paid by such company
- No tax is payable on the sale or transfer of a Seychelles vessel on the shares in her owning company
- No estate duty is payable on the inheritance of shares of a Seychelles flag vessel owning offshore company
- No tax is payable on the salaries of officers and crew of Seychelles flag vessel which operates in international waters
