RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/SYC/3/Rev.1
13 October 2010 
 
 (10-5248) 
Working Party on the  
Accession of Seychelles Original:   English 
 
 
 
ACCESSION OF SEYCHELLES 
 
Offer on Specific Commitments in Services  
 
Revision  
   The following submission, dated 8 October 2010, is being circulated at the request of the Delegation of the Republic of Seychelles. 
 
_______________ 
  
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Sectors and sub-sectors Limitations on  Market Access Limitations on Nati onal Treatment Additional Commitments 
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 enterprises currently in 
State ownership. 
 
 
 
 
 
 
 
 
 
 
(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 and not receiving a 
remuneration from a source located 
within the 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  (1), (2), (3), (4) subsidies is unbound. 
(3)  Acquisition of land by any entity 
with foreign shareholders is 
unbound.  
 
 Leasing of land to foreign 
enterprises and any extensions 
thereof requires Government 
approval. 
 
 Unbound for land acquisitions. 
 
 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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   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 
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 tr ansferees (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 tran sferees to that 
commercial presence and who have 
been previously employed by the 
foreign enterprise for at least one 
year,  shall be granted entry and a 
stay permit for an initial period of 
two years which may be extended 
subject to the term of operation of 
those entities in Seychelles. 
 
 Managers:   Persons within an 
organization who primarily:  
 
 (i) Directs the organization, or a 
department or sub-division of 
the organization.     
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  (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 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.    
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 (c)  Contractual services suppliers : 
Employees of contractual service 
suppliers, i.e. 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.  Entry and stay of such 
persons shall be for a period of no 
more than 180 days or for the 
duration of the contract, whichever 
is less. 
 
Entry of such persons can only be allowed 
for the following sub-sectors of services: 
 
- Legal services  (CPC 861) 
- Accounting and bookkeeping 
services  (CPC 862) 
- Architectural services  (CPC 8671) 
- Urban planning and landscape 
architectural services  (CPC 8674) 
- Engineering services  (CPC 8672) 
- Integrated engineering services  
 (CPC 8673) 
- Environmental services (all 
sub sectors)  (CPC 94010 + 94020 + 
9403 + 9404 + 9405 + 9406 + 9409) 
-  Medical and dental services 
 (CPC 9312) and Hospital services 
(CPC 9311) 
-  Services provided by midwives, 
nurses, physiotherapists and 
Para-medical personnel 
(CPC 93191)   
- Veterinary services (CPC 932)    
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  Independent Professionals :  shall 
mean natural persons as part of a 
service contract with a juridical 
person in Seychelles for rendering 
professional services in which he/she 
possesses the necessary academic 
credentials and professional 
qualifications with 3 years 
experience in the specified field. 
 
 These persons may enter and remain 
in the Seychelles for a period of 180 
days, or for the duration of the 
contract, whichever is less. 
 
 Entry of such persons shall be 
allowed only for the following 
sub-sectors: 
 
-  Computer and related services 
(CPC 841-845 + 849) 
- Banking and other financial services 
(excluding insurance services) 
 (CPC 81115-81119 + 8113 + 8112 
+81339**+81199**+81333+81321*
+8132+81339**i+81323*+8131+81
33+ 813(1)) 
-  Tour Operator services  (CPC 7471) 
-  Hotels and restaurants (incl. 
catering)  (CPC 641-643)    
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Sectors and sub-sectors Limitations on  Market Access Limitations on Nati onal Treatment Additional Commitments 
II. SECTOR-SPECIFIC COMMITMENTS 
1. BUSINESS SERVICES 
A. PROFESSIONAL SERVICES 
(a) Legal services  
- Legal advisory and information 
services for foreign law. (1)  Unbound  
(2)  Unbound  
(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) Unbound  
(2) Unbound  
(3) None   
 
 
 
(4) Unbound, except as indicated in the 
horizontal commitments.  
(b) Accounting and bookkeeping 
services  
 (CPC 862)  (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.  
 – 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) 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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 - Business tax preparation and 
review services  
  (CPC 86302) (1)  None 
(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 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  
(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.    
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(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.  
(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.      
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(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.   Foreign 
nationals are required to speak 
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.  Foreign 
nationals must speak 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.   
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(b) Software implementation services 
(CPC 842) (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.  
(c)  Data processing services  
 (CPC 843) (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.  
(d)  Database services  
 (CPC 844)  (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.  
(e)   Other   
 (CPC 845+849) (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.  
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.  
2.  COMMUNICATION SERVICES 
A. and B.  Postal and Co urier 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.  
                                                      
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 
Office, which are:  simple letters 
weighting less than 500 grams, postcards, 
and parcels weighting less than 5 kg, and 
less than 20 times the tariff charged for 
the handling of these items. 
 
(і)  Handling of addressed written 
communication on any kind of 
physical medium3, including: 
 - Hybrid mail service 
 - Direct mail  
 (іі) Handling of addressed parcels and 
packages4 
(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.    
                                                      
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 o r 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 adhoc 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. TELECOMMUNICATI ON SERVICES 
 Commitments hereunder are made in accordan ce with "Notes for Scheduling Basic Teleco m Services Commitments" (S/GBT/W/2/Rev.1) and "Market Access Limitations 
on Spectrum Availability" (S/GBT/W/3).   
2. Basic Telecommuni cation 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)  Unbound 
(2)  None, except that call back services 
are prohibited.   
(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. The Republic of Seychelles undertakes 
the obligations contained in the attached 
Reference Paper with respect to provision 
of telecommunication services. 
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 incl. store and forward, 
store and retrieve  
 (CPC 7523**). 
(m) Code and Protocol conversion. 
(n) Online information and data 
processing (incl. transaction  
processing  
 (CPC 843**) (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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(o)  Other: 
 - Paging  
  (CPC 75291) 
 -  Teleconferencing 
  (CPC 75292)  (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.  
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.  
- 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  
A. Insurance and Insurance-related Services 
(a) Life, accident and health 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 insurance services  
 (CPC 8129) (1)  Unbound 
(2)  Unbound  
(3)  Unbound  
(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) Reinsurance and retrocession  
 (CPC 81299*) (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.  
(d) Services auxiliary to insurance  
(including broking and agency 
services) 
 (CPC 8140) (1)  Unbound  
(2)  Unbound  
(3)  None 
(4)  Unbound, except as indicated in the 
horizontal commitments. (1)  Unbound 
(2)  Unbound 
(3)  None 
(4)  Unbound, except as indicated in the 
horizontal commitments.  
B. Banking and other financial s ervices (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. 
   
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(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 option - 
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.  
(h) Money broking  
 (CPC 81339**)  
(i) Asset management, such as cash or 
portfolio management, all forms of 
collective investment management, 
pension fund 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.1
 Page 17Mode of delivery:  (1)  Cross-border supply  (2)  Consumption abroad  (3)  Commercial presence  (4)  Presence of natural person  
Sectors and sub-sectors Limitations on  Market Access Limitations on Nati onal 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.  
9.  TOURISM AND TRAVEL-RELATED SERVICES  
A. Hotels (incl. catering)  
 (CPC 641) excluding motel lodging 
services (CPC 6412), other lodging 
services (CPC 6419) and beverage 
serving with entertainment  
 (CPC 6432). 
 (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.   
  WT/ACC/SPEC/SYC/3/Rev.1 
Page 18 Mode of delivery:  (1)  Cross-border supply  (2)  Consumption abroad  (3)  Commercial presence  (4)  Presence of natural person  
Sectors and sub-sectors Limitations on  Market Access Limitations on Nati onal Treatment Additional 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 covers8, 
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.  
- 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.  
 
 
                                                      
8 Table setting for one person. 
9 Means persons carrying out a business of planning, scheduling or orga nising of tours which incl ude arrangements for accommodat ion, sightseeing or other similar 
services by any mode of transport.  
   WT/ACC/SPEC/SYC/3/Rev.1
 Page 19LIST 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. 
All sectors Measures extending to the provision of social 
security benefits (including public retirement 
schemes).   All countries that have signed 
or will sign such agreements 
with Seychelles. Indefinite To enable and strengthen labour 
integration agreements between 
Seychelles and signatory countries. 
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 strength en 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.1 
Page 20  
 
  REFERENCE PAPER
 
Scope  
The following are defin itions 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 telecommunica tions 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 materia lly 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 pr eventing 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 s uppliers on a timely basis technical information 
about essential faciliti es and commercially relevant info rmation which are necessary for 
them to provide services.  
2. Interconnection
 
2.1 This section applies to linking with supplie rs providing public teleco mmunications 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 suppl ier will be ensured at any technically feasible point in the 
network.  Such interc onnection is provided:  WT/ACC/SPEC/SYC/3/Rev.1 
 Page 21 
 
 
   (a) Under non-discriminatory terms, cond itions (including tec hnical 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, co nditions (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 interconnec tion 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 availa ble either its interconnection 
agreements or a reference interconnection offer. 
2.5 Interconnection:  dispute settlement  
 A service supplier requesting in terconnection 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, whic h may be a regulatory body as referred to in paragraph 
5 below, to resolve disputes regarding a ppropriate terms, condi tions 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 universal service obligation it wishes to 
maintain.  Such obligations will not be regarded as anti-competitive per se , provided they are 
administered in a tr ansparent, non-discriminatory and compet itively 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 norma lly 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 w ill be made known to the applicant upon request. WT/ACC/SPEC/SYC/3/Rev.1 
Page 22  
 
  5. Independent regulators
 
 The regulatory body is separate from, and not accountable to, any supplier of basic 
telecommunications services.  The decisions of and th e 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 carr ied out in an objective, timely, transparent and non-discriminatory 
manner.  The current state of allocated frequency ba nds will be made publicly available, but detailed 
identification of frequencies allocated for specific government us es is not required. 
__________