BB · AmericasSC · Africa
Barbados vs Seychelles: tax rates compared
Between the two, Seychelles's income tax rate (30%) tops Barbados's (28.5%) by 1.5pp. The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 and Seychelles's 2018-06-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BB | SC | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 30% | SC +1.5 pp |
| Corporate Tax | 9% | 25% | SC +16 pplargest gap |
| VAT | 17.5% | 15% | BB +2.5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | −1.5 pp | Seychelles higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Seychelles | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Seychelles higher |
Between the two, Seychelles's corporate tax rate (25%) tops Barbados's (9%) by 16pp. The 201-country average is 22.6%: Barbados sits below it, Seychelles sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | +2.5 pp | Barbados higher |
Between the two, Barbados's VAT rate (17.5%) tops Seychelles's (15%) by 2.5pp. The 181-country average is 15%: Barbados sits above it, Seychelles matches the world average. Barbados's figure is dated 2026-01-11 and Seychelles's 2010-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Seychelles both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Seychelles both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Seychelles both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.