WORLD TRADE  
ORGANIZATION  RESTRICTED 
WT/ACC/SPEC/SYC/3/Rev.2 
31 May 2012 
 (12-2862) 
Working Party on the  
Accession of Seychelles Original:   English 
 
 
 
ACCESSION OF SEYCHELLES 
 
Offer on Specific Commitments in Services 
 
Revision 
 
  The following submission, dated 14 May 2012, is being circulated at the request of the Delegation of the Republic of Seychelles. 
 
 
_______________ 
  
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I. HORIZONTAL COMMITMENTS  
ALL SECTORS INCLUDED IN THIS 
SCHEDULE  
 (3) Unless otherwise indicated in each 
specific sector or sub-sector of this Schedule, the establishment of branches is unbound.  
 Unbound for the following services:  
 
 I. Transmission, Distribution, Supply 
of electricity and water 
 II. Public Sewage  System  III. Public Transportation Services  IV. Pension Fund Services. 
 
(4) Unbound, except measures 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 that business; 
 (iii) Participating in business meetings 
or preparing for the establishment of a commercial presence, where those representatives will 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 foreign (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, 4) Foreign enterprises may be required to 
implement training programmes that involve upgrading of technical and managerial skills of local employees.  
  (4) Unbound except for the categories of 
natural persons referred to under Market Access.   
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shareholder(s) of a company 
based in Seychelles for the duration of the Annual General Meeting (AGM). 
 
Entry and stay of such persons shall be limited to a period of 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:  Persons within an 
organization who primarily: 
 
 (i) Direct the organization, or a 
department or sub-division of the organization. 
 (ii) Supervise and control the work of 
other supervisory, professional or 
managerial employees. 
 (iii) Have the authority to hire and fire 
or recommend hiring, professional or managerial employees. 
 (iv) Exercise 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  
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direction from higher-level 
executives, the board of directors, or stockholders of the business. 
 
Executives would not directly perform 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 professional qualifications for performing work within the scope of a particular profession. 
 
Entry and stay of such persons shall be granted for no more than three consecutive contracts of two years duration each, that is, a maximum of six years.  Extension beyond that duration will only be considered in exceptional circumstances and with 
valid justifications.    
 
(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 the presence of their employees in order to fulfil the contract. 
 For the following sectors and sub-sectors:  - Legal services (CPC861) - Accounting and bookkeeping services  
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(CPC 862) 
- Architectural services (CPC 8671) - Environmental services (CPC 94010, 
94020, 9403, 9404, 9405, 9406, 9409) 
Entry and stay shall be for a period no more than 180 days.  
For the following sectors and sub-sectors:   - 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, 92230, 92240, 92310) 
- Medical and dental services 
(CPC 93122,93123)   
- Veterinary services (CPC 932)   Entry and stay of such persons below 
shall be granted for no more than three consecutive contracts of two years duration each, that is, a maximum of six years. Extension beyond that duration will only be considered in exceptional circumstances and with 
valid justifications.  
 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:  
 
- Computer and related services 
(CPC 841-845 + 849) 
- Banking and other financial services 
(excluding insurance services)   
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(CPC 81115-81119 + 8113 + 8112 
+81339**+81199**+81333+81321*+ 8132+81339**i+81323*+8131 +8133+ 813(1) 
- Tour Operator services (CPC 7471) - Hotels and restaurants  (including catering)  (CPC 641-643) 
 Entry and stay shall be for a period no more than 180 days.   
For the following sectors and sub-sectors:   
 
- 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) 
 
 Entry and stay of such persons below 
shall be granted for no more than three consecutive contracts of two years duration each, that is, a 
maximum of six years.  Extension 
beyond that duration will only be considered in exceptional circumstances and with valid justifications.  
II. SECTOR-SPECIFIC COMMITMENTS  
1. BUSINESS SERVICES
A. PROFESSIONAL SERVICES
(a) Legal Services  
- Legal advisory and information 
services for foreign law 
 (CPC 861) (1) None. 
(2) None. 
(3)  Legal advisory and information 
 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   
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 horizontal commitments. 
(b)  Accounting  and bookkeeping 
services (CPC 862)  (1) Need to be provided by a member of 
the Chartered 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 
the Chartered 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 
the Chartered 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. 
(4) Unbound, except as indicated in the 
horizontal commitments. (1) None. 
  (2) None. (3) None.      (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 (1) Unbound. 
(2) None. (3) None.       
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licensed tax agent in Seychelles. 
(4) Unbound, except as indicated in the 
horizontal commitments.  
(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 commitments.   
(e) Engineering services 
 (CPC 8672) (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 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 
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.   
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(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 
horizontal commitments.     (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 
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 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.   
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(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 implem entation 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.  
(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.   
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(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 BUSI NESS 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.  
(q) Packaging services  
 (CPC 876) (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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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.   The sub-sectors below are excluded when they fall into the scope of the services which are reserved for the Seychelles Post Office, 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. (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.  
                                                      
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. 
3 E.g. letter, postcards. 
4 Books and catalogues are included in this sub-sector. 
5 Magazines, newspapers and periodicals. 
6 Express delivery services are defined as the collection, transport, and delivery of documents, printed matter, parcels, goods or other items on an expedited basis while 
tracking and maintaining control of these items throughout the supply of the service. 
7 Provision of means, including the supply of ad hoc premises as well as transportati on 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 pub lic or private.  
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C. TELECOMMUNICATION SERVICES 
 Commitments hereunder are made in accordance with "Notes for Scheduling Basic Telecom Services Commitments" (S/GBT/W/2/Rev.1) and "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 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**)  (1) None. 
(2) None, except that call back services 
are prohibited.   
(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.  The Republic of Seychelles undertakes the 
obligations contained in the attached Reference Paper with respect to provision of telecommunication 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.   
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5. EDUCATIONAL SERVICES 
 Government funded services and sc holarship 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 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 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.   
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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 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.  
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.   
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7. FINANCIAL SERVICES 
 The admission to the market of new financ ial services or products may be subject to  the existence of, and consistency with, a regulatory framework aimed at achieving the 
objectives indicated in Article 2(a) of the Financial Services Annex. 
A. Insurance and Insurance-related Services. 
(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) Reinsurance an d 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.  
B. Banking and other financial services (excluding insurance ) 
(a) Acceptance of deposits and other 
repayable funds from the public (CPC 81115-81119) 
(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**) (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.2
 Page 17Mode of delivery:  (1)  Cross-border suppl y  (2)  Consumption abroad  (3)  Commerci al presence  (4)  Presence of natural person s 
Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
(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) (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.   
  WT/ACC/SPEC/SYC/3/Rev.2 
Page 18 Mode of delivery:  (1)  Cross-border suppl y  (2)  Consumption abroad  (3)  Commerci al presence  (4)  Presence of natural person s 
Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
(j) Settlement and clearing services of 
financial assets, including securities, derivative products, and other negotiable instruments 
 (CPC 81339** + 81319**) (k) Advisory and other auxiliary 
financial services and all activities listed in Article 1B of MTN. TNC/W/50, including credit reference and analysis, investment and portfolio research and advice on acquisitions and on corporate restructuring and strategy 
(CPC 8131 or 8133) (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.  
(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 services 
other than hospital services 
 (CPC 93193) -  Other human health services  (CPC 93199) (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.    
   WT/ACC/SPEC/SYC/3/Rev.2
 Page 19Mode of delivery:  (1)  Cross-border suppl y  (2)  Consumption abroad  (3)  Commerci al presence  (4)  Presence of natural person s 
Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional Commitments 
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 (incl. catering) 
- Hotels (including catering) 
 (CPC 641)  excluding motel lodging services 
(CPC 6412), 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 the inner islands as defined by the Constitution of Seychelles, 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  (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.2 
Page 20 Mode of delivery:  (1)  Cross-border suppl y  (2)  Consumption abroad  (3)  Commerci al presence  (4)  Presence of natural person s 
Sectors and sub-sectors Limitations on Market Access Limitations on National Treatment Additional 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 th eatre, live bands and circus services 
 Entertainment services (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  Library 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 orga nising of tours which incl ude arrangements for accommodati on, sightseeing or other similar 
services by any mode of transport.  
   WT/ACC/SPEC/SYC/3/Rev.2
 Page 21LIST 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 applies 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 prefer ential 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. 
Legal Services  
(CPC 861) For a person to provide legal services based on 
legal aspects of Seychelles law, a person is required to be a graduate from a Commonwealth 
country.   Commonwealth countries 
Indefinite The Seychelles Common Law is 
based on British Common Law, which is the basis of the Common 
Law for Commonwealth 
jurisdictions which differs from other jurisdictions.   WT/ACC/SPEC/SYC/3/Rev.2 
Page 22  
 
  REFERENCE PAPER  
Scope 
The following are defin itions and principles on the regulatory framework for the basic 
telecommunications services.   
Definitions 
Users mean service consumer s and service suppliers.   
Essential facilities mean facilities of a public te lecommunications 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 technica lly substituted in order to provide a service. 
A major supplier is a supplier which has the ability to materially affect the term s 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 continui ng 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 comp etitors 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 linki ng 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 en sured at any technically feasible point in the 
network.  Such interc onnection is provided: 
  (a) Under non-discriminatory terms, co nditions (including tec hnical standards and 
specifications) and rates and of a quality no less favourable than that provided for its  WT/ACC/SPEC/SYC/3/Rev.2 
 Page 23 
 
 
  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 suffi ciently unbundled so that the supplier need not pay for 
network components or fa cilities that it does not require for the service to be provided; 
and 
  (c) Upon request, at points in addition to the network term ination 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 in terconnection to a major supplier wi ll be made publicly available. 
2.4 Transparency of interconnection arrangements 
It is ensured that a major supplier will make publicly available either its interc onnection agreements or a 
reference interconnection offer. 
2.5 Interconnection:  dispute settlement 
A service supplier requesting inte rconnection with a major supplie r 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 re ferred to in paragraph 5 below, to resolve 
disputes regarding appropriate terms, cond itions and rates for interconnection within a 
reasonable period of time, to the extent that  these have not been established previously. 
3. Universal service 
Any Member has the right to define the kind of univers al service obligation it wishes to maintain.  Such 
obligations will not be rega rded 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 followi ng will be made publicly available: 
 (a) All the licensing criteria and the period of ti me 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 accoun table 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. WT/ACC/SPEC/SYC/3/Rev.2 
Page 24  
 
  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 an d non-discriminatory manner.  The 
current state of allocated frequency bands will be made publicly ava ilable, but detailed identification of 
frequencies allocated for specific government uses is not required. 
  
__________