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Seychelles vs Thailand: tax rates compared
Between the two, Thailand's income tax rate (35%) tops Seychelles's (30%) by 5pp. The 200-country average is 28%: both sit above it. Seychelles's figure is dated 2018-06-01 and Thailand's 2026-02-02, 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 | SC | TH | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | TH +5 pp |
| Corporate Tax | 25% | 20% | SC +5 pp |
| VAT | 15% | 7% | SC +8 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 15% | TH +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −5 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Seychelles higher |
Between the two, Seychelles's corporate tax rate (25%) tops Thailand's (20%) by 5pp. The 201-country average is 22.6%: Seychelles sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +8 pp | Seychelles higher |
Between the two, Seychelles's VAT rate (15%) tops Thailand's (7%) by 8pp. The 181-country average is 15%: Seychelles matches the world average, Thailand sits below it. Seychelles's figure is dated 2010-01-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Seychelles and Thailand 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 |
|---|---|---|
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Thailand | 15% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | −15 pp | Thailand higher |
Between the two, Thailand's crypto tax rate (15%) tops Seychelles's (0%) by 15pp. The 88-country average is 13%: Seychelles sits below it, Thailand sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Seychelles and Thailand both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.