MW · AfricaSC · Africa
Malawi vs Seychelles: tax rates compared
Malawi's income tax rate is 10pp higher than Seychelles's (40% vs 30%). The 200-country average is 28%: both sit above it. Malawi's figure is dated 2025-12-30 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
| Tax | MW | SC | Difference |
|---|---|---|---|
| Income Tax | 40% | 30% | MW +10 pp |
| Corporate Tax | 30% | 25% | MW +5 pp |
| VAT | 17.5% | 15% | MW +2.5 pp |
| Capital Gains Tax | 40% | 0% | MW +40 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | +10 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 30% | 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 | +5 pp | Malawi higher |
Malawi's corporate tax rate is 5pp higher than Seychelles's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | +2.5 pp | Malawi higher |
Malawi's VAT rate is 2.5pp higher than Seychelles's (17.5% vs 15%). The 181-country average is 15%: Malawi sits above it, Seychelles matches the world average. Malawi's figure is dated 2026-01-01 and Seychelles's 2010-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | +40 pp | Malawi higher |
Malawi's capital gains tax rate is 40pp higher than Seychelles's (40% vs 0%). The 175-country average is 10.3%: Malawi sits above it, Seychelles sits below it. Malawi's figure is dated 2025-10-01 and Seychelles's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Malawi'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: Crypto Tax.