Singapore vs Seychelles
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇸🇬 Singapore — City-State — No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
🇸🇨 Seychelles — Seychelles Tax System
Seychelles has a progressive income tax up to 15% — 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.
Singapore vs Seychelles: Key Tax Differences (2026)
💰 Income Tax: 🇸🇬 Singapore has a higher top income tax rate (0–24% vs 0–15%). 🇸🇨 Seychelles is more favourable for high earners.
🛒 VAT/Sales Tax: Seychelles has a higher consumption tax (9% vs 15%).
🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 33%), which can influence business location decisions.