RESTRICTED  
  
WT/ACC/SPEC/SYC/3/Rev.3  
 
17 May 2013  
(13-2609)  Page: 1/21  
Working Party on the  
Accession of the Republic of Seychelles  Original: English  
  
  ACCESSION OF SEYCHELLES 
OFFER ON SPECIFIC COMMITMENTS IN SERVICES 
Revision 
 The following submission, dated 17 May 2013, is being circulated at the request of the 
Delegation of the Republic of Seychelles. 
  
_______________ 
  
  WT/ACC/SPEC/SYC/3/Rev.3  
 
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Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
I. HORIZONTAL COMMITMENTS  
ALL SECTORS INCLUDED IN THIS 
SCHEDULE  
 
 
          (4) Unbound, except me asures relating to 
entry and temporary stay of natural persons who fall in one of the following categories: 
 (a) Business Visitors :  Persons not based in 
Seychelles who are representatives of 
business carrying on activities in WTO member States and who are seeking temporary entry into Seychelles for the purpose of: 
 
(i) Negotiating for the sale of the 
services of that business;  
(ii) Entering into agreements to sell 
services for th at business; 
(iii) Participating in business meetings or 
preparing for the establishment of a commercial presence, where those representatives wi ll not be engaged 
in making direct sales to the general public:  
(iv) Conducting market research in 
relation to a service or services rendered by juridical persons not based in Seychelles; 
(v) Represents a fore ign shareholder(s) 
of a company based in Seychelles for (1), (2), (3), (4) subsidies is unbound. 
 
(3) Leasing of land to foreign enterprises 
and any extensions thereof requires Government approval. 
 
 Unbound for land acquisitions. 
 
(3) Foreign enterprises may be required to 
implement training programmes that involve upgrading of technical and managerial skills of local employees. 
 (4) Unbound except for measures 
concerning the categories of natural persons referred to in  the Market Access.   
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  the duration of the Annual General 
 Meeting (AGM).  
 Entry and stay of such persons shall be for 
a period no more than 90 days. 
 
(b) Intra-corporate transferees (ICT): 
Shall mean managers, executives and 
specialists, as defined hereunder, of a foreign enterprise which has established a commercial presence in the territory of Seychelles, temporarily moving as intra-corporate transferees to that commercial presence and who have been previously employed by the foreign enterprise for at least one year. 
  Managers : A person within an 
organization who primarily: 
 (i) Directs the organization, or a 
department or sub- division of the organization. 
(ii) Supervises and controls the work of 
other supervisory, professional or managerial employees. 
(iii) Has the authority to hire and fire or 
recommend hiring, professional or managerial employees.  
(iv) Exercises discretionary authority 
over day to day operations.  
 
Executives: Natural persons within the 
organization who primarily direct the 
management of the organization or a major component or function of the 
organization, exercise wide latitude in decision-making, and receive only general supervision or direction from higher-level executives, the board of directors, or stockholders of the business.  Executives would not directly perform    
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tasks related to the actual provision of a 
service or services of the organisation. 
 
Specialists: Natural persons in the 
organization who possess knowledge at 
an advanced level of expertise and a 
proprietary knowledge of the entity's 
products, services, operations or management techniques. This knowledge should reflect the required academic 
credentials and professi onal qualifications 
for performing work within the scope of a particular profession.  Entry and stay shall be for a period no more than 180 days.  
(c) Contractual services suppliers:  
Contractual service suppliers are 
employees of juridical persons with no commercial presence in Seychelles, who have obtained a service contract in Seychelles requiring th e presence of their 
employees in order to fulfil the contract. 
 
Currently entry of such persons is only allowed in the following sector and sub-sectors and entry stay shall be for a period no more than 180 days: 
 
- Legal services (CPC 861) - Accounting and bookkeeping services 
(CPC 862) 
- Architectural services (CPC 8671) - Environmental services (CPC 94010, 
94020, 9403, 9404, 9405, 9406, 9409) 
- Urban Planning and landscape 
architectural services (CPC 8672) 
- Engineering services (CPC 8672) - Integrated engineering services 
(CPC 8673) 
- Primary and secondary education 
services (CPC 92110, 92190, 92220,  
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 92230, 92240, 92310) 
- Medical & Dental services (CPC 93122, 
93123) 
- Veterinary services (CPC 932)  
(d) Independent Professionals : shall mean 
natural persons who are self-employed 
and based in the territory of another member and who supply  services as part 
of a service contract with a juridical person in Seychelles.  For the following sectors 
and sub-sectors entry and stay shall be for a period no more than 180 days: 
 
- Computer & related services (CPC 841-
845 + 849) 
- Banking and other financial services 
(excluding insurance services)  
 (CPC 8111 - 81119, 8112, 8113, 81199, 
8131 – 8133) 
- Tour Operator services (CPC 7471) - Hotels and restaurants (incl. catering) 
(CPC 641 - 643) 
- Primary and secondary education 
services (CPC 92110, 92190, 92220, 92230, 92240, 92310) 
- Medical and dental services (CPC 93122, 
93123) 
- Services provided by midwives, nurses, 
physiotherapists and Para-medical 
personnel (CPC 93191) 
 
(e) Installers and maintainers 
 Qualified specialists supplying installati on or maintenance se rvices for industrial 
 machinery or industrial equipment. The  supply of that service has to occur on a  fee or contractual basis (installation/  maintenance contract) between the  builder of the machinery or equipment  and the owner of that machinery or  equipment, both being juridical persons.  Temporary entry is granted for periods  of stay of no more than 90 days.    
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II. SECTOR-SPECIFIC COMMITMENTS 
1.  BUSINESS SERVICES 
A.  PROFESSIONAL SERVICES 
(a) Legal Services  
- Legal advisory on International 
law services (CPC 861)  (1) None. 
(2) None. (3) Legal advisory on International law 
services can only be provided through 
sole proprietorships and partnerships.  
(4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in the 
horizontal commitments.  
(b) Accounting and bookkeeping 
Services (CPC 862)  (1) Need to be provided by a member of any 
internationally recognized Institute of Accountants (ICA). 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
  (2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
- Auditing Services  (1) Unbound. 
(2) Unbound. (3) Auditing services can only be provided 
through sole proprietorships or partnerships.  In the case of partnerships, at least one partner must be a licensed auditor in Seychelles. 
(4) Unbound , except as indicated in the 
horizontal commitments. (1) Unbound.  
(2) Unbound. (3) None.      (4) Unbound, except as indicated in the 
horizontal commitments.  
(c) Taxation Services 
- Business tax planning and 
consulting Services (CPC 86301)  
 
   (1) Need to be provided by a member of any 
internationally recognized Institute of Taxation (CIOT). 
(2) None. 
(3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
  
(2) None. 
(3) None.  (4) Unbound, except as indicated in the 
horizontal commitments.  
- Business tax preparation and 
review services (CPC 86302) (1) Need to be provided by a member of any 
internationally recognized Institute of Taxation (CIOT). 
(2) None. (3) Business tax preparation and review 
services can only be provided through sole proprietorships and partnerships.  In the case of partnerships, at least one partner is a licensed tax agent in Seychelles. (1) None. 
  (2) None. (3) None.        
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(4) Unbound, except as indicated in the 
horizontal commitments. (4) Unbound, except as indicated in the 
horizontal commitments. 
- Individual tax preparation and 
planning services (CPC 86303)  (1) Unbound. 
(2) None. (3) Individual tax preparation and planning 
services can only be provided through sole proprietorships and partnerships.  In the case of partnerships, at least one partner is a licensed tax agent in Seychelles. 
(4) Unbound, except as indicated in the 
horizontal commitments.  (1) Unbound. 
(2) None. (3) None.      (4) Unbound, except as indicated in the 
horizontal commitments.   
- Other tax related services 
(CPC 86309)  (1) Unbound. 
(2) None. 
(3) Other tax related services can only be 
provided through sole proprietorships and partnerships. In the case of partnership, at least one partner is a licensed tax agent in Seychelles. 
(4) Unbound, except as indicated in the 
horizontal co mmitments.  (1) Unbound. 
(2) None.  
(3) None.  
    (4) Unbound, except as indicated in the 
horizontal commitments.   
(d) Architectural services (CPC 8671) 
 (1) None. 
    
(2) None.   
 
 
(3) Foreign equity limited to 49%. At least 
one of the Seychelles national shareholders must be a licensed architect in Seychelles. 
(4) Unbound, except as indicated in the 
horizontal commitments. (1)  Only architectural plans submitted to the 
 Seychelles National  Planning Authority 
 by an architect registered in Seychelles  will be considered for subsequent  construction work. 
(2)  Only architectural plans submitted to the 
Seychelles National Planning Authority 
by an architect registered in Seychelles 
will be considered for subsequent 
construction work.  
(3) None. (4) Unbound, except as indicated in the 
horizontal co mmitments.  
  
(e) Engineering services (CPC 8672) 
 (1) None. 
    (2) None. (1) Only Engineering plans submitted to the 
Seychelles National Planning Authority 
by an engineer registered in Seychelles will be considered for subsequent construction work.  
(2) Only Engineering plans submitted to the   
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   (3) Foreign equity limited to 49%.  At least 
one of the Seychelles national 
shareholders must be a licensed engineer 
in Seychelles. 
(4) Unbound, except as indicated in the 
horizontal commitments. Seychelles National Planning Authority 
by an engineer registered in Seychelles will be considered for subsequent construction work.  
(3)   None.  
 
 (4) Unbound, except as indicated in the 
horizontal commitments. 
(f) Integrated Engineering Services 
(CPC 8673) 
  (1) None. 
    (2) None.     (3) Foreign equity limited to 49%.  At least 
one of the Seychelles national 
shareholders must be a licensed engineer in Seychelles.  
(4) Unbound, except as indicated in the 
horizontal commitments. (1) Only Integrated engineering plans 
submitted to the Seychelles National Planning Authority by an engineer registered in Seychelles will be considered for subsequent construction work.  
(2) Only Integrated engineering plans 
submitted to the Seychelles National Planning Authority by an engineer registered in Seychelles will be considered for subsequent construction 
work.  
(3) None.  
 (4) Unbound, except as indicated in the 
horizontal commitments.  
(g) Urban planning and landscape 
architectural services (CPC 8674) 
  (1) None. 
     (2) None.    
 
 (3) Foreign equity limited to 49%. At least 
one of the Seychelles national shareholders must be a licensed architect in Seychelles. 
(4) Unbound except as indicated in the (1) Only urban planning and landscape 
architectural plans submitted to the Seychelles National Planning Authority 
by an architect registered in Seychelles will be considered for subsequent construction work.  
(2) Only urban planning and landscape 
architectural plans submitted to the Seychelles National Planning Authority 
by an architect registered in Seychelles 
will be considered for subsequent 
construction work.  
(3) None.  
   (4) Unbound, except as indicated in the   
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horizontal commit ments.  horizontal commitments. 
(h) Medical and Dental Services (CPC 
9312) (excluding General medical services CPC 93121) 
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal co mmitments.  (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreign nationals are required to speak either English or French.  
(i) Veterinary Services (CPC 932) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreign nationals are required to speak 
either English or French.  
(j) Services provided by midwives, 
nurses, physiotherapists and Para-medical personnel (CPC 93191) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. 
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreign nationals must speak either English or French.   
B. COMPUTER  AND RELATED SERVICES 
(a) Consultancy services related to 
installation of computer hardware (CPC 841) (1) None. 
(2) None. (3) Foreign equity limited to 49%. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(b) Software implementation services 
(CPC 842) (1) None. 
(2) None. 
(3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. 
(3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(c) Data processing services 
(CPC 843) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.   
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(d) Database services (CPC 844)  (1) None. 
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(e) Maintenance and repair services  
of office machinery and equipment including computer (CPC 845) (1) None. 
(2) None. (3) Foreign equity limited to 49%. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None.  (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(f) Other (CPC 849) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
E. RENTAL/LEASING SERVICES WITHOUT OPERATORS 
(a) Relating to ships (CPC 83103) 
(excluding 1-3 yachts ) (1) Unbound. 
(2) None. (3) None, except that for 4-5 yachts foreign 
equity limited to 49%. 
(4) Unbound except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None.  (4) Unbound except as indicated in the 
horizontal commitments.  
F. OTHER BUSINESS SERVICES 
(a) Advertising Services (CPC 871) 
   
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.   
(h) Services incidental to mining 
(CPC 883) 
 (1) None. 
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated  in the  
horizontal commitments.  
2.  COMMUNICATION SERVICES 
A. and B. Postal and Courier Services (including express delivery services)1  
Services relating to the handling2 of 
items in accordance with the following list of sub-sectors, whether for domestic or foreign destinations.  (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. Same treatment will be applied 
to the Seychelles Post Office and Private Operators for express delivery services. 
                                               
1 The commitment on postal and courier serv ices and express delivery services applies to  commercial operators of all forms of ow nership, both private and state.  
2 "Handling" should be taken to include clearance, sorting, transport and delivery.   
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The sub-sectors below are excluded 
when they fall into the scope of the services which are reserved for the Seychelles Post O ffice, which are:  
simple letters weighting less than 500 grams, postcards. 
 
(і) Handling of addressed written 
communication on any kind of physical medium
3, including: 
- Hybrid mail service - Direct mail 
(іі) Handling of addressed parcels 
and packages
4 
(ііі) Handling of addressed press 
products5 
(iv) Handling of items referred to in 
(і) to (ііі) above as registered or 
insured mail  
(v) Express delivery services6 for 
items referred to in ( і) to (ііі) 
above  
(vі) Handling of non-addressed items  
(vіі) Document exchange7 
(viіі) Other services not elsewhere 
specified.    
C. TELECOMMUNICATION SERVICES 
Commitments hereunder are made in  accordance with "Notes for Scheduling Basic Telecom Services Commitments" (S/GBT/W/2/Rev.1) a nd "Market Access Limitations on 
Spectrum Availability" (S/GBT/W/3).  
Basic Telecommunication Services: 
(a) Voice telephone service 
(CPC 7521)  
(b) Packet-switched data 
transmission (CPC 7523*)  
(c) Circuit-switched data (1) None. 
(2) None, except that call back services are 
prohibited. 
(3) None. (4) Unbound, except as indicated in the   (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  The Republic of Seychelles 
undertakes the obligations contained in the attached Reference Paper with respect to provision of telecommunication 
                                               
3 E.g. letters, postcards.  
4 Books and catalogues are included in this subsector. 
5 Magazines, newspape rs and periodicals. 
6 Express delivery services are defined as the collection, transp ort, and delivery of documents,  printed matter, parcels, goods or other items on an expedited basis while 
tracking and maintaining control of these it ems throughout the supply of the service. 
7 Provision of means, including the supply of ad hoc premises as well as transportation by a third party, allowing self-delivery  by mutual exchange of postal items between 
users subscribing to this service.  Postal item refers to items handled by any type of commercial  operator, whether public or p rivate.  
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transmission (CPC 7523**)  
(d) Telex services (CPC 7523*)  
(e) Telegraph services (CPC 7522)  
(f) Facsimile Services (CPC 7521** 
+ 7529**)  
(g) Private leased circuit services 
(CPC 7522** + 7523**)  horizontal commitments.  services. 
(o) Other: 
- Paging (CPC 75291) - Teleconferencing (CPC 75292) (1) None. 
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
Value Added Services: 
(h) Electronic mail (CPC 7523**) 
(i) Voice Mail (CPC 7523**) 
(j) On-line information and data 
base retrieval (CPC 7523**) 
(k) Electronic Data Interchange (EDI) 
(CPC 7523**) 
(l) Enhanced value-added facsimile 
services including store and forward, store and retrieve (CPC 7523**) 
(m) Code and Protocol conversion 
(n) Online information and data 
processing (including transaction  processing (CPC 843**) (1) None. 
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments. (1) None.  
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. 
  
4. Distribution services   
(c) Retailing services (CPC 631 + 
CPC 632)  (1) None. 
(2) None. (3) None, except that it will be subject to 
Economic Needs Test (ENT). 
(4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments.  
5. EDUCATIONAL SERVICES 
Government funded services and scho larship services are excluded for Educational Services listed below.  
A. Primary education services 
Primary education services (CPC 921) 
Preschool education services (CPC 9211) Other primary education services (CPC 9219) (1) Unbound. 
(2) None. (3) None.  (4) Unbound except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreigners must speak either English or   
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French. 
B. Secondary education services 
- Secondary education services 
(CPC 922)  
- Higher secondary education 
services (CPC 9222) 
- Technical and vocational  
secondary services (CPC 9223)  
- Technical and vocational 
secondary school-type education services for handicapped students (CPC 9224)  (1) Unbound. 
(2) None. (3) None.  (4) Unbound except as indicated in the 
horizontal commitments.  (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreigners must speak either English or French.   
C. Higher education services 
- Post secondary technical and 
vocational education services (CPC 92310)  (1) Unbound. 
(2) None. (3) None . (4) Unbound except as indicated in the 
horizontal co mmitments.  (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreigners must speak either English or French.   
- Other Education services 
(CPC 929) (1) Unbound. 
(2) None.  (3) None.  (4) Unbound, except as indicated in the 
horizontal comm itments.   (1) Unbound.  
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal comm itments.    
6. ENVIRONMENTAL SERVICES 
A. Sewage services (CPC 9401) 
- Sewage treatment (1) Unbound. 
(2) None.  (3) None, except that an economic needs 
test will need to be  carried out by the 
Ministry responsible for Environment to:  
(a) Examine the current level of 
services, 
(b) Determine the effect of new 
entrants on public convenience (1) Unbound.  
(2) None.  (3) None.  
 
      
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including the continuity and 
quality of the services. 
(4) Unbound, except as indicated in the 
horizontal commitments.  
 (4) Unbound, except as indicated in the 
horizontal commitments. 
B. Refuse disposal services 
(CPC 9402) 
- Disposal services by incineration  
 (1) Unbound.  
(2) None.  (3) None, except that an economics needs 
test will need to be  carried out by the 
Ministry responsible for Environment to:  
(a) Examine the current level of 
services, 
(b) Determine the effect of new 
entrants on public convenience including the continuity and quality of the services. 
(4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None.         (4) Unbound, except as indicated in the 
horizontal commitments.  
- Noise abatement services 
(CPC 9405) 
 (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
7. FINANCIAL SERVICES 
A. Insurance and Insurance–related Services. 
(i) Direct insurance (including co-insurance) 
(a) Life insurance services 
(CPC 8121)  (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the
  
horizontal commitments.  (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.   
(b) Non-life insu rance services 
(CPC 8129) (1) Unbound.  
(2) None.  (3) None. (4) Unbound, except as indicated in the 
horizontal comm itments.   (1) Unbound.  
(2) None.  (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(ii) Reinsurance  and retrocession 
(CPC 81299*) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.   
  WT/ACC/SPEC/SYC/3/Rev.3  
 
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Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
B. Banking and other financial services (excluding insurance )  
(a) Acceptance of deposits and other 
repayable funds from the public (CPC 8111 - 81119) 
(b) Lending of all types, including 
consumer credit, mortgage credit factoring and financing of commercial transaction (CPC 8113) 
(c) Financial leasing (CPC 8112) (d) All payment and money 
transmission services (CPC 81339**) 
(e) Guarantees and commitments 
(CPC 81199**) 
(f) Trading for own account or for 
account of customers whether on an exchange, in an over-the-counter market or otherwise the following: 
 
- money market instruments 
(checks, bills, certificates and deposits, etc) (CPC 81339**) 
- foreign exchange - derivative products including, but 
not limited to futures and options 
- exchange rate and interest rate 
instruments, including such as swaps, forward rate arrangements, etc. 
- transferable securities - other negotiable instruments and 
financial assets, including bullion 
(g) Participation in issues of all 
kinds of securities, including underwriting and placement as agent (whether publicly or privately) and provision of service related to such issues (CPC 8132) (1) Unbound. 
(2) None.  (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. 
 (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the  horizontal commitments.    
  WT/ACC/SPEC/SYC/3/Rev.3  
 
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Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
(h) Money broking (CPC 81339**) 
(i) Asset management, such as 
cash or portfolio management, all forms of collective investment management, custodial depository and trust 
services (CPC 8119** - 
81323*) (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound.  
(2) None.  (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
(j) Settlement and clearing services 
of financial assets, including securities, derivative products, and other negotiable instruments (CPC 81339** + 81319**) (1) Unbound. 
(2) None.  (3) Unbound. (4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) Unbound. (4) Unbound, except as indicated in the 
horizontal commitments.  
(k) Advisory and other auxiliary 
financial services and all activities 
listed in article B of MTN. 
TNC/W/50, including credit reference and analysis, investment and po rtfolio research 
and advice on acquisitions and on corporate restructuring and strategy (CPC 8131 or CPC 8133) 
(l) Provision and transfer of financial 
information, and financial data processing related software by providers of other financial services (CPC 8131) (1) Unbound. 
(2) None. 
(3) None. 
(4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. 
(3) None. 
(4) Unbound, except as indicated in the 
horizontal commitments.  
8. HEALTH RELATED AND SOCIAL SERVICES 
Government funded services and schola rship services are excluded for Health  and Social Services listed below. 
A. Hospital services 
Hospital services (CPC 9311)  
- Specialized Medical services 
(CPC 93122) 
 
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that foreigners must speak either English or French.  
B. Other human health services 
Other human health  services 
(CPC 9319)  - Ambulance services (CPC 93192)  - Residential health facilities (1) None.  
(2) None. (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments.  (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments and that   
  WT/ACC/SPEC/SYC/3/Rev.3  
 
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Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
services other than hospital 
services (CPC 93193) 
- Other human he alth services 
(CPC 93199)  foreigners must speak either English or 
French.  
C. Social services 
Social services (CPC 933)  
- Welfare services delivered 
through residential institutions to children and other client (CPC 93312) 
- Other services with 
accommodation (CPC 93319) (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
9. TOURISM AND TRAVEL-RELATED SERVICES 
A. Hotels and restaurants (including catering) 
- Hotels (incl. catering) (CPC 641) 
excluding other lodging services (CPC 6419) (excluding 1-15 rooms) (1) Unbound. 
(2) None.  (3) None, except that hotel establishments 
with 16-24 rooms (excluding staff - Quarters) located on Mahe, Praslin, La Digue, Silhouette, Cerf and St Anne island only, foreign equity limited to 80%.  
(4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None.      (4) Unbound, except as indicated in the 
horizontal commitments.  
- Letting services  of furnished 
accommodation (excluding rooming and boarding houses and cabins (CPC 64193)  (1)  Unbound. 
(2)  None. (3) None, except that foreign equity is 
limited to 49% for establishments with 24 or less units. 
(4) Unbound, except as indicated in the 
horizontal commitments.  (1) Unbound. 
(2) None. (3) None.   (4) Unbound, except as indicated in the 
horizontal commitments.  
- Restaurants (CPC 64210)  (1) Unbound. 
(2) None. (3) None, except that for investments in 
restaurants and bars (CPC 642 and 643 with less than 21 covers
8, foreign equity 
is limited to 49%. 
(4) Unbound, except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None.    (4) Unbound, except as indicated in the 
horizontal commitments.  
                                               
8 Table setting for one person.  
  WT/ACC/SPEC/SYC/3/Rev.3  
 
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Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
- Motel lodging services 
(CPC 6412)  
  (excluding 1-15 rooms )  (1) Unbound.  
(2) None.  (3) None.  (4) Unbound, except as indicated  in the 
horizontal commitments. (1) Unbound. 
(2) None.  (3) None.  (4) Unbound, except as indicated in the 
horizontal commitments.  
B.  Travel agencies and tour operators services 
Tour operator services (CPC 7471)9 
(excluding travel agents) (1) None. 
(2) None. (3) Foreign equity limited to 49%. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3)  None.  
(4) Unbound, except as indicated in the 
horizontal commitments.  
    
10.  RECREATIONAL , CULTURAL AND SPORTING SERVICES  
A.  Entertainment services (including theatre, live bands and circus services) 
Entertainment serv ices (including 
theatre, live bands and circus services) (CPC 9619) - Theatrical  producer, singer group, 
band and orchestra entertainment services (CPC 96191) 
- Services provided by authors, 
composers, sculptors , entertainers and other individual artists (CPC 96192) 
- Circus, amusement park and 
similar attraction services (CPC 96194) 
- Ballroom , discotheque and dance 
instructor services (CPC 96195) (1) Unbound. 
(2) None. (3) None. (4) Unbound except as indicated in the 
horizontal commitments. (1) Unbound. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.   
C.   Libraries, archives, museums and other cultural services 
Libraries services (CPC 96311) 
(excluding all services provided  by the Seychelles National Li brary as stated in 
the Library Article 7) 
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the 
horizontal commitments.  
 
                                               
9 Means persons carrying on a business of planning, scheduling or  organising of tours which incl ude arrangements for accommodati on, sightseeing or ot her similar services 
by any mode of transport.  
  WT/ACC/SPEC/SYC/3/Rev.3  
 
- 19 -  
 
LIST OF ARTICLE II (MFN) EXEMPTIONS 
Sector or sub-sector Description of the measure indicating its 
inconsistency with Article II Country or countries to which the measures 
apply Intended duration Conditions creating the need 
for the exemption 
All sectors Commercial presence  Measures extending preferential 
treatment pursuant to bilateral investment treaties. All countries that have signed or will sign 
bilateral investment treaties with Seychelles. Indefinite Foster investment in 
Seychelles. 
Movement of natural persons Measures extending preferential 
treatment to the movement of natural persons. All countries that have signed or will sign 
such agreements with Seychelles. Indefinite To strengthen economic 
cooperation and enhance technical assistance between the Seychelles and countries which are signatories to these 
agreements. WT/ACC/SPEC/SYC/3/Rev.3 
 
- 20 - 
 
  REFERENCE PAPER 
Scope 
The following are definitions and principles on the regulatory framework for the basic 
telecommunications services. 
Definitions 
Users mean service consumers and service suppliers.  
Essential facilities mean facilities of a public telecommunications transport network or service that: 
(a) Are exclusively or predominantly provided by a single or limited number of suppliers; and 
(b) Cannot feasibly be economically or technically substituted in order to provide a service. 
A major supplier is a supplier which has the ability to materially affect the terms of participation 
(having regard to price and supply) in the relevant market for basic telecommunications services as 
a result of: 
(a) Control over essential facilities; or 
(b) Use of its position in the market. 
1. Competitive safeguards 
1.1 Prevention of anti-competitive practices in telecommunications 
 Appropriate measures shall be maintained for the purpose of preventing suppliers who, alone 
or together, are a major supplier from engaging in or continuing anti-competitive practices. 
1.2 Safeguards 
 The anti-competitive practices referred to above shall include in particular: (a) Engaging in anti-competitive cross-subsidization;   
(b) Using information obtained from competitors with anti-competitive results; and 
(c) Not making available to other services suppliers on a timely basis technical information 
about essential facilities and commercially relevant information which are necessary for them 
to provide services.  
2. Interconnection 
2.1 This section applies to linking with suppliers providing public telecommunications transport 
networks or services in order to allow the users of one supplier to communicate with users of 
another supplier and to access services provided by another supplier, where specific commitments are undertaken. 
2.2 Interconnection to be ensured 
 Interconnection with a major supplier will be ensured at any technically feasible point in the 
network.  Such interconnection is provided: 
(a) Under non-discriminatory terms, conditions (including technical standards and specifications) 
and rates and of a quality no less favourable than that provided for its own like services or 
for like services of non-affiliated service suppliers or for its subsidiaries or other affiliates; 
(b) In a timely fashion, on terms, conditions (including technical standards and specifications) 
and cost-oriented rates that are transparent, reasonable, having regard to economic 
feasibility, and sufficiently unbundled so that the supplier need not pay for network components or facilities that it does not require for the service to be provided; and WT/ACC/SPEC/SYC/3/Rev.3 
 
- 21 - 
 
  (c) Upon request, at points in addition to the network termination points offered to the majority 
of users, subject to charges that reflect the cost of construction of necessary additional facilities. 
2.3 Public availability of the procedures for interconnection negotiations 
The procedures applicable for interconnection to a major supplier will be made publicly available. 2.4 Transparency of interconnection arrangements 
It is ensured that a major supplier will make publicly available either its interconnection agreements 
or a reference interconnection offer. 
2.5 Interconnection:  dispute settlement 
A service supplier requesting interconnection with a major supplier will have recourse, either: (a) At any time; or 
(b) After a reasonable period of time which has been made publicly known to an independent 
domestic body, which may be a regulatory body as referred to in paragraph 5 below, to resolve disputes regarding appropriate terms, conditions and rates for interconnection within 
a reasonable period of time, to the extent th at these have not been established previously. 
3. Universal service 
Any Member has the right to define the kind of universal service obligation it wishes to maintain.  
Such obligations will not be regarded as anti-competitive per se , provided they are administered in a 
transparent, non-discriminatory and competitively neutral manner and are not more burdensome than necessary for the kind of universal service defined by the Member. 
4. Public availability of licensing criteria 
Where a licence is required, the following will be made publicly available: (a) All the licensing criteria and the period of time normally required to reach a decision 
concerning an application for a licence; and 
(b) The terms and conditions of individual licences. 
The reasons for the denial of a licence will be made known to the applicant upon request. 5. Independent regulators 
The regulatory body is separate from, and not accountable to, any supplier of basic 
telecommunications services.  The decisions of and the procedures used by regulators shall be impartial with respect to all market participants. 
6. Allocation and use of scarce resources 
 
Any procedures for the allocation and use of scarce resources, including frequencies, numbers and rights of way, will be carried out in an objective, timely, transparent and non-discriminatory manner.  
The current state of allocated frequency bands will be made publicly available, but detailed 
identification of frequencies allocated for specific government uses is not required.  
 
__________