Seychelles DTA

[Brutus]

From what I have read if countries don't have a DTA (double taxation agreement) between them, you will have to pay tax on profits in both countries. Is that true?

Because in that case why is a Seychelles company recommended in so many threads on here, they have very few agreements with very small countries. As you can read below.
Seychelles Revenue Commission | Download | DTAAs and TIEAs

My country is not on the list so there is no point for me to setup there?

 

[belarus]

In the past or shall we say until January 2018 they had no public registry of owners and shareholders which made it very attractive to many, also the DTA they have with some countries makes it still interesting in bigger setup's while for small business activity it may be better with a Belize corp.