VC · AmericasSC · Africa
Saint Vincent and the Grenadines vs Seychelles: tax rates compared
Between the two, Seychelles's income tax rate (30%) tops Saint Vincent and the Grenadines's (28%) by 2pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Seychelles sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Seychelles's 2018-06-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VC | SC | Difference |
|---|---|---|---|
| Income Tax | 28% | 30% | SC +2 pp |
| Corporate Tax | 28% | 25% | VC +3 pplargest gap |
| VAT | 16% | 15% | VC +1 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | −2 pp | Seychelles higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | 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 | +3 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops Seychelles's (25%) by 3pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | +1 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's VAT rate (16%) tops Seychelles's (15%) by 1pp. The 181-country average is 15%: Saint Vincent and the Grenadines sits above it, Seychelles matches the world average. Saint Vincent and the Grenadines'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 |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Seychelles both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Seychelles both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Seychelles both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.