What is the current corporate tax regime for international business companies in Seychelles?
As of Jan 2019, Seychelles changed its business tax regime to a erritorial basis, under which resident and non-resident companies are subject to corporate taxation for income originating within the country. All international business companies are still exempt from income tax given that they undertake business outside Seychelles.
The current applicable profit tax rates are as follows:
- 25% on the first SR1mil taxable income
- 33% applied to the above amount.
In addition, there is no capital gains, estate, inheritance or gift tax in Seychelles.