In Seychelles, an offshore bank account for non-resident in 2026 is defined by a banking solution offered through a Seychellois bank that covers the needs in terms transactional banking of non-domiciled individuals and companies.
In Seychelles, the offshore bank account for non-resident is dedicated to private persons and corporate entities that want to take advantage from tax free or low tax regime along with the possibility to use the Seychellois international trade zone.
In Seychelles, an overseas bank account for non-resident to be opened at a Seychellois bank is subject a severe due diligence in line with the international compliance in relation to AML (Anti Money Laundering) and KYC (Know Your Customer).
In Seychelles, the offshore bank account for non-resident in 2026 follows the Seychellois tax authorities with a rate for withholding tax (WHT) of 15% to be applicable on royalties for non-domiciled entities in case they setup an offshore business in these islands.