- Brackets updated
migrated from the production database; research reasoning not recorded.
Top income tax
30.0%
Territorial system
Corporate tax
25.0%
VAT
15.0%
standard rate
Tax residency
183 days
28 tax treaties
Seychelles tax profile
Data year: 2026
- Tax system
- Territorial Territorial system: business tax applies to Seychelles-sourced income (activities conducted, goods situated or rights used in Seychelles). Foreign-sourced passive income received by residents was largely exempt historically; from 16 September 2021 covered companies must meet economic substance rules for certain non-resident passive receipts. Employment emoluments are taxed separately under the Income and Non-Monetary Benefits Tax Act (progressive PAYE). Self-employed and business profits are taxed under the Business Tax Act.
- Top PIT rate
- 30.0%
- Corporate tax rate
- 25.0%
- VAT
- 15.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 5.0%
- Social security (employer)
- 5.0%
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 28
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| SCR 0 | SCR 1,000,000 | 15.0% |
| SCR 1,000,000 | and above | 25.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| SCR 0 | SCR 102,666 | 0.0% |
| SCR 102,666 | SCR 120,000 | 15.0% |
| SCR 120,000 | SCR 999,996 | 20.0% |
| SCR 999,996 | and above | 30.0% |
Social security
| Bracket min | Bracket max | Rate |
|---|---|---|
| SCR 0 | and above | 5.0% |
Tax flags
Territorial Exemption
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is a resident person if they normally reside in Seychelles, are domiciled in Seychelles (unless they have a permanent place of abode outside), or are present in Seychelles for 183 or more days in aggregate in any 12-month period that begins or ends in the tax year (Business Tax Act). Residency affects sourcing and withholding but does not extend business tax to foreign-source income except where the post-2021 substance rules apply to covered companies.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- March 31
Sources
- SRC — Seychelles tax system (accessed Oct 9, 2026) Territorial sourcing, business tax, VAT, withholding, filing deadlines
- SRC — Income and non-monetary benefits tax (accessed Oct 9, 2026) Progressive employment income tax bands; 15% non-monetary benefits tax
- SRC — FAQ (accessed Oct 9, 2026) Business tax and PAYE rate tables; return due dates
- SRC — Normal business tax rates (PDF) (accessed Oct 9, 2026) Company and sole-trader business tax bands; sector surcharges
- Seychelles Pension Fund — mandatory contribution (accessed Oct 9, 2026) 5% employee and 5% employer pension contributions from 2023
- PwC — VAT in Africa (Seychelles) (accessed Oct 9, 2026) 15% standard VAT; registration thresholds cross-check
Change history
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.