PG · OceaniaSC · Africa

Papua New Guinea vs Seychelles: tax rates compared

Between the two, Papua New Guinea's income tax rate (42%) tops Seychelles's (30%) by 12pp. The 200-country average is 28%: both sit above it. Papua New Guinea's figure is dated 2026-03-27 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%42%Corporate25%30%VAT10%15%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax PG SCDifference
Income Tax42%30%PG +12 pplargest gap
Corporate Tax30%25%PG +5 pp
VAT10%15%SC +5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Seychelles30%Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01
Difference+12 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Papua New Guinea30%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 ppPapua New Guinea higher

Between the two, Papua New Guinea's corporate tax rate (30%) tops Seychelles's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Seychelles15%Source: Seychelles Revenue Commission · as of 2010-01-01
Difference−5 ppSeychelles higher

Between the two, Seychelles's VAT rate (15%) tops Papua New Guinea's (10%) by 5pp. The 181-country average is 15%: Papua New Guinea sits below it, Seychelles matches the world average. Papua New Guinea's figure is dated 2026-03-27 and Seychelles's 2010-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Papua New Guinea and Seychelles both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Papua New Guinea and Seychelles both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.