Africa · Tax guide
Seychelles
Seychelles taxes business income at 25% on the main band of profits and charges VAT at 15% once turnover passes SR 2,000,000. Taxes are administered by the Seychelles Revenue Commission (SRC).
At a glance
- Business tax
- 25%
- VAT
- 15%
- VAT registration
- SR 2,000,000
- Withholding on payments abroad
- 15%
Lower band on small profits
Standard rate
Annual turnover
Before treaty relief
Business tax
Companies pay business tax at 25%, with a lower rate on the first band of profits and higher rates for banks and telecoms. Provisional tax is paid during the year and the return is due by 31 March. International business companies are taxed on Seychelles-source income only, with substance rules.
VAT
VAT is 15%. Registration is required once annual turnover exceeds SR 2,000,000. Returns are filed monthly by the 21st.
Payments abroad
Interest, royalties and dividends paid to non-residents carry 15% withholding unless a treaty lowers it.
Key dates
- By the 21st of each monthVAT return
- 31 MarchAnnual business tax return
Figures and sources
4 figures- Corporate income tax rate25%Under professional review
- VAT rate15%Under professional review
- Annual turnover above which VAT registration is requiredSR 2,000,000Under professional review
- Withholding on payments to non-residents15%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Seychelles based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Seychelles (a Seychelles tax adviser) before making compliance decisions.