Seychelles Launches MNE and CBCR Survey for 2026 Regulatory Filing

The Seychelles Revenue Commission has introduced the MNE and Country-by-Country Reporting survey as part of its annual compliance framework, reinforcing its commitment to transparency and alignment with international tax standards. The survey consolidates entity-specific details, group structure, and cross-border relationships into a single reporting process, enabling authorities to assess obligations seamlessly. Within this framework, Seychelles economic substance filing-related information is also required, with obligations applied selectively depending on the nature and activities of each entity.

As 2026 deadlines approach, this article will outline key Seychelles filing obligations with guidance from BBCIncorp team.

Survey launched with an April 2026 deadline

The Seychelles Revenue Commission has launched the MNE and Country by Country Reporting survey for the 2024 reporting year, as part of its compliance framework under Section 34 of the Revenue Administration Act.

This initiative forms part of the jurisdiction’s annual compliance cycle, as it aims to collect structured information from in-scope entities through a centralized reporting process. In this regard, all submissions must be completed via the official SRC online portal, which serves as the designated channel for filing and communication with the authorities.

Furthermore, entities required to participate must submit their completed questionnaire by 30 April 2026. This timeline applies uniformly across all relevant entity categories and therefore requires timely coordination to make sure all information is accurately prepared, reviewed, and validated prior to submission. The questionnaire itself captures entity-specific data, group relationships, and cross-border activities.

Authorities use this data to support compliance assessment and regulatory oversight, and it may also support the review of Seychelles’ economic substance, where applicable. While obligations vary depending on the nature of the entity’s activities, accurate disclosure remains essential across all cases. The Seychelles Revenue Commission may also request additional records, documents, or explanations where necessary in both physical and electronic formats.

Key filing details include:

• Launch date: 12 December 2025
• Reporting year: 2024
• Submission deadline: 30 April 2026
• Submission channel: official SRC online portal

In addition, the Revenue Commission uses the information collected to support regulatory supervision and align with international reporting frameworks associated with the OECD.

Entities required to complete the survey

The MNE and Country by Country Reporting survey applies to a broad range of entities registered with the Financial Services Authority in Seychelles. In particular, entities required to complete the questionnaire include:

• International Business Companies
• Companies with Special Licences
• Corporate Service Providers
• Securities Act licensees as of 1 January 2024
• Dissolved entities through their immediate former director or directors

In addition, entities that have ceased operations are not excluded. If a company has already been dissolved, the obligation to complete the questionnaire remains with its former director or directors.

Accordingly, all entities should verify their registration status and licensing category before submission. Accurate classification determines the scope of information required and supports proper assessment by the Seychelles Revenue Commission.

Filing requirements for non-MNE entities

Entities that do not form part of a multinational enterprise group must still complete the MNE and Country by Country Reporting questionnaire in Seychelles. In other words, they are not exempt from filing, even where operations are limited or purely local.

In such cases, the requirement is limited to Sections A, B, and F of the questionnaire. These sections capture core information, including entity details, structure, and classification. As a result, the Seychelles Revenue Commission can confirm that the entity falls outside the scope of multinational reporting obligations.

However, despite the reduced scope, accuracy remains essential. Incomplete or inconsistent submissions may lead to follow-up requests or delays.

CbCR framework and MNE obligations

Building on the broader reporting requirements outlined above, Seychelles applies Country by Country Reporting requirements in line with BEPS Action 13 developed by the OECD. The regulations apply to multinational enterprise groups with consolidated annual revenue of at least EUR 750 million.

In this context, entities within scope must notify the Seychelles Revenue Commission of their relationship with the ultimate parent entity. In addition, reporting obligations may arise depending on the specific group, particularly where the parent entity is located outside Seychelles or where local filing requirements apply.

Keep in mind that information submitted under CbCR may be exchanged with tax authorities in other jurisdictions through international agreements.

Essential next steps to take

As the 30 April 2026 deadline approaches, companies in Seychelles should act early to ensure smooth compliance. Clients are required to complete and return the questionnaire to BBCIncorp by 23 April 2026, allowing sufficient time for review before submission. The Registered Agent will then handle filing with the Seychelles Revenue Commission in line with regulatory requirements.

Filing remains included in annual fees for standard entities that do not fall within the MNE or economic substance scope. A fee of USD 150 applies to entities identified as part of a multinational enterprise group.

To ensure a seamless process, early preparation and accurate disclosure remain essential. With this in mind, BBCIncorp continues to support clients at every stage, from review to submission. For more assistance, please contact service@bbcincorp.com or visit our site today.