Seychelles vs Switzerland
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ธ๐จ Seychelles โ Seychelles Tax System
Seychelles has a progressive income tax up to 15% โ very low by global standards. No capital gains tax. The country is an established offshore financial centre (International Business Companies, trusts). Tourism dominates the formal economy. Business Tax (corporate tax) is 25% on the first SCR 1M, 33% above. The Seychelles Revenue Commission administers tax. EU blacklisted briefly in 2019 for harmful tax practices.
๐จ๐ญ Switzerland โ Cantonal & Communal Taxes
Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.
Seychelles vs Switzerland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐จ Seychelles has a higher top income tax rate (0โ15% vs 0โ11.5%). ๐จ๐ญ Switzerland is more favourable for high earners.
๐ VAT/Sales Tax: Seychelles has a higher consumption tax (15% vs 2.6โ8.1%).
๐ข Corporate Tax: ๐จ๐ญ Switzerland offers a lower corporate rate (26% vs 33%), which can influence business location decisions.