MG · Africa ↔ SC · Africa

Madagascar vs Seychelles: tax rates compared

Between the two, Seychelles's corporate tax rate (25%) tops Madagascar's (20%) by 5pp. The 201-country average is 22.6%: Madagascar 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%MG 20%SC 25%
Corporate Tax, side by side
CountryRateSource
Madagascar20%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%MG 0%SC 0%
Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Madagascar and Seychelles both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Seychelles's 2026-07-18, so the two rates come from different data vintages.

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