The Seychelles economy is growing at a fast rate which creates
investment opportunities in many business sectors ranging from
the tourism sector to the IT, Communication and financial sectors.
Gradual privatization process designed to stimulate growth,
productivity and trade, the promotion of competition, the creation
of additional employment opportunities, and a series of incentives
for the different sectors are some of the measures introduced by the
government to further encourage private sector led growth and
investment.
Starting up your business
Cottage Industry
A cottage industry constitutes a small group of not more than 5 persons,
who use their in-house skills and ingenuity to generate a product or service
which can be sold. Owner(s) and manager(s) must be active in the business. The operation
of the business must take place at the home of the owner(s) or manager(s).
Small Enterprises
'Small Enterprise' means a business carried on by the owner himself or
in partnership and the number of persons engaged in the business
activity including the owner or owners does not exceed five.
The
Small Enterprise Promotion Agency(SEnPA) implements the policy and strategies
pertaining to small enterprises, crafts and cottage industries, guides the development and maintenance
of infrastructures and provides training and assistance in business matters to small enterprises, crafts and cottage industries.
For more information, please contact SEnPA.