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Chinese Mainland Corporate Client
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Frequently Asked Questions
About Seychelles
Seychelles is a premier offshore financial center in the Indian Ocean, offering zero corporate tax for IBCs, a simple registration process, strong confidentiality provisions, and political stability.
View Complete InformationSeychelles Tax Brief
- General CIT Rate
- Standard business tax: 15% on the first SCR 1 million, 25% above. Telecom, banking, insurance, alcohol & tobacco manufacturers: 25% on the first SCR 1 million, 33% above. Small business presumptive tax: 1.5% on turnover (non-VAT registered, under SCR 1M turnover).
- CIT Return Due Date
- The business tax return is due by 31 March, three months after the end of a calendar tax year, or within three months after the end of a substituted tax year.
- CIT Payment Due Date
- The business tax balance is paid with the return: by 31 March for a calendar tax year, or within three months after the end of a substituted tax year.
- CIT Estimated Payment Due Date
- Business tax instalments are paid monthly under the SRC's Pay As You Go scheme, by the 21st day after the end of each month with a Business Activity Statement; the balance is paid with the return due by 31 March.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 0/0-15/NA
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 15/15/15
- General VAT Rate
- 15%
- General Capital Gain Tax Rate
- Capital gains are not subject to tax in Seychelles.
- Composite Effective Average Tax Rate
- 23.20%
- Composite Effective Marginal Tax Rate
- 17.33%

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