🇸🇨 Seychelles Tax Guide - Income Tax, Corporate Tax & Special Regimes

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

Corporate

Corporate brackets
Bracket min	Bracket max	Rate	USD equivalent
SCR 0	SCR 1,000,000	15.0%	$0 – $72,993
SCR 1,000,000	and above	25.0%	$72,993 +

Personal income

Personal income brackets
Bracket min	Bracket max	Rate	USD equivalent
SCR 0	SCR 102,666	0.0%	$0 – $7,501
SCR 102,666	SCR 120,000	15.0%	$7,501 – $8,759
SCR 120,000	SCR 999,996	20.0%	$8,759 – $72,992
SCR 999,996	and above	30.0%	$72,992 +

Social security

Social security brackets
Bracket min	Bracket max	Rate	USD equivalent
SCR 0	and above	5.0%	$0 +

Territorial Exemption

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

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

AL Albania Unique Permit for Digital Mobile Workers	$610/mo
EC Ecuador Digital Nomad Visa (Visa Nómada)	$1,446/mo
ME Montenegro Digital Nomad Residence Permit	$1,460/mo
MU Mauritius Premium Visa	$1,500/mo

GE Georgia Small Business Status (1% Tax)	1%
JE Jersey High Value Resident (HVR)	1%
UZ Uzbekistan IT Park Resident Status	1%
SO Somalia Presumptive Tax Regime (PTR)	1.5%