LV · Europe ↔ SC · Africa

Latvia vs Seychelles: tax rates compared

Seychelles's corporate tax rate is 5pp higher than Latvia's (25% vs 20%). The 201-country average is 22.6%: Latvia sits below it, Seychelles sits above it.

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

Corporate Tax

0102030405060World avg 22.6%LV 20%SC 25%
Corporate Tax, side by side
CountryRateSource
Latvia20%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−5 ppSeychelles higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%LV 0%SC 0%
Wealth Tax, side by side
CountryRateSource
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Difference0 ppdisplayed rates match

Latvia's wealth tax rate is identical to Seychelles's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.