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Grenada vs Seychelles: tax rates compared

Grenada and Seychelles share the same income tax rate: 30%. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Seychelles's 2018-06-01, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%Corporate25%28%VAT15%Capital Gains0%Crypto0%
five shared taxes, side by side
Tax GD SCDifference
Income Tax30%30%match
Corporate Tax28%25%GD +3 pplargest gap
VAT15%15%match
Capital Gains Tax0%0%match
Crypto Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Seychelles30%Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Seychelles25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppGrenada higher

Grenada has a corporate tax rate of 28%, 3pp above Seychelles's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Seychelles15%Source: Seychelles Revenue Commission · as of 2010-01-01
Difference0 ppdisplayed rates match

Grenada and Seychelles share the same VAT rate: 15%. The 181-country average is 15%: Grenada matches the world average, Seychelles matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Difference0 ppdisplayed rates match

Grenada and Seychelles share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Difference0 ppdisplayed rates match

Grenada and Seychelles share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it.

Not covered for both countries yet: Wealth Tax.