SC · AfricaVN · Asia
Seychelles vs Vietnam: tax rates compared
Vietnam's income tax rate is 5pp higher than Seychelles's (35% vs 30%). The 200-country average is 28%: both sit above it. Seychelles's figure is dated 2018-06-01 and Vietnam's 2026-03-09, 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 | VN | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | VN +5 pplargest gap |
| Corporate Tax | 25% | 20% | SC +5 pp |
| VAT | 15% | 10% | SC +5 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 pp |
| Crypto Tax | 0% | 0.1% | VN +0.1 pp |
| 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 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −5 pp | Vietnam higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Seychelles higher |
Seychelles's corporate tax rate is 5pp higher than Vietnam's (25% vs 20%). The 201-country average is 22.6%: Seychelles sits above it, Vietnam sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +5 pp | Seychelles higher |
Seychelles's VAT rate is 5pp higher than Vietnam's (15% vs 10%). The 181-country average is 15%: Seychelles matches the world average, Vietnam sits below it. Seychelles's figure is dated 2010-01-01 and Vietnam's 2026-03-09, 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 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam's capital gains tax rate is 0.1pp higher than Seychelles's (0.1% vs 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 |
| Vietnam | 0.1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam's crypto tax rate is 0.1pp higher than Seychelles's (0.1% vs 0%). The 88-country average is 13%: both sit below it. Seychelles's figure is dated 2026-07-19 and Vietnam's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
Seychelles's wealth tax rate is identical to Vietnam's — both sit at 0%. The 193-country average is 0.1%: both sit below it.