Seychelles vs Yemen
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπ¨ Seychelles β Seychelles Tax System
Seychelles has a progressive income tax up to 15% β 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.
πΎπͺ Yemen β Yemen Tax System
Yemen's tax system has fragmented amid civil war (since 2015) between the Houthi movement (controlling Sanaa and the north) and the internationally recognised government (IRG, based in Aden). Each side collects taxes in their territory. Income tax nominally up to 15%. The conflict has caused one of the world's worst humanitarian crises. Oil and gas revenues (historically 70% of state income) have mostly stopped due to pipeline attacks and production collapse.
Seychelles vs Yemen: Key Tax Differences (2026)
π° Income Tax: Seychelles and Yemen have similar top income tax rates (0β15% vs 0β15%).
π VAT/Sales Tax: Seychelles has a higher consumption tax (15% vs 5%).
π’ Corporate Tax: πΎπͺ Yemen offers a lower corporate rate (20% vs 33%), which can influence business location decisions.
π Capital Gains: πΈπ¨ Seychelles taxes investment gains at a lower rate (0% vs 15%), benefiting investors.