Offshore Bank Accounts


Does Seychelles share the bank account information with my tax authority?

By default, no-one in Seychelles is going to pass Your offshore account information to any foreign agency. However, a Seychelles bank would be obliged to comply with a LOCAL court order, requesting to divulge such information. In principle, a Seychelles court order could be obtained, via litigation, by a foreign government or its agency. To obtain such court order, the foreign plaintiff would need to claim and prove in a (fairly reluctant) court, that the request is directly necessary for an ongoing criminal investigation on money laundering, fraud or other general crime. If this is proven beyond reasonable doubt, the Seychelles court may grant an information release order. However, in practice, the success of such cases have been severely limited.