On 14 December 2021, the Seychelles deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Based on the date of deposit, the MLI will enter into force for Seychelles on 1 April 2022, although its entry into force for the Seychelles' covered agreements (tax treaties) will depend on the r…