PY · AmericasSC · Africa
Paraguay vs Seychelles: tax rates compared
Between the two, Seychelles's income tax rate (30%) tops Paraguay's (10%) by 20pp. The 200-country average is 28%: Paraguay sits below it, Seychelles sits above it. Paraguay's figure is dated 2026-02-07 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 | PY | SC | Difference |
|---|---|---|---|
| Income Tax | 10% | 30% | SC +20 pplargest gap |
| Corporate Tax | 10% | 25% | SC +15 pp |
| VAT | 10% | 15% | SC +5 pp |
| Capital Gains Tax | 8% | 0% | PY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | −20 pp | Seychelles higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | 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 | −15 pp | Seychelles higher |
Between the two, Seychelles's corporate tax rate (25%) tops Paraguay's (10%) by 15pp. The 201-country average is 22.6%: Paraguay sits below it, Seychelles sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | −5 pp | Seychelles higher |
Between the two, Seychelles's VAT rate (15%) tops Paraguay's (10%) by 5pp. The 181-country average is 15%: Paraguay sits below it, Seychelles matches the world average. Paraguay's figure is dated 2026-02-07 and Seychelles's 2010-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | +8 pp | Paraguay higher |
Between the two, Paraguay's capital gains tax rate (8%) tops Seychelles's (0%) by 8pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Paraguay 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.