Seychelles
Seychelles: 3 company types, its taxes, banking and business environment.
Forming a company
Company types in Seychelles
The 3 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Seychelles. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Seychelles.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Seychelles: where to register, file and check.
Blocs and agreements
The trade arrangements Seychelles belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- African Continental Free Trade Area
- Free trade area · since 15 September 2021
Covers goods, services.
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means a Member State that has ratified or acceded to this Agreement and for which the Agreement is in force
- SADC Free Trade Area
- Free trade area
Covers goods.
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13 SADC Member States are participating in the Free Trade Area (FTA) while three are not yet participating, namely Angola, DRC and the Comoros.
- COMESA Free Trade Area
- Free trade area
Covers goods.
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Burundi and Rwanda joined the FTA on 1st January 2004.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 25%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- USD 140
VAT
The tax on what the company sells in Seychelles, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Seychelles.
Tax calendar
When the main returns and payments fall due in Seychelles, tax year 2026, as the tax authority states it.
- Corporate tax return
- 31 March · each year
all business tax returns must be submitted to SRC no later than 31 March of every tax year, the three-month period after the end of the tax year.
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All business tax return must be submitted to SRC no later than 31 March of every tax year
- Corporate tax, final payment
- 31 March · each year
the business tax return is due 31 March of the following year and the SRC states that the payment of any taxes due should be done at the time of lodging the return within the three-month period.
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Business and presumptive tax return – 31st March of every following applicable year.
- Corporate tax, instalments
- Not required here
There is no compulsory advance or instalment payment of business tax; a company pays by the 31 March return. The Business Tax Act provides a voluntary Pay As You Go scheme under which a business may pay monthly by the 21st of the following month, but the SRC describes it as a scheme for businesses to pay as they go, not a duty on every company.
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Business and presumptive tax return – 31st March of every following applicable year.
- Personal income-tax return
- 31 March · each year
the annual business tax return, which is how a self-employed individual reports income, is due 31 March of the following year. Employee income tax is withheld by the employer and remitted monthly, and the SRC publishes no annual personal return for employees.
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Business and presumptive tax return – 31st March of every following applicable year.
- Personal income tax, final payment
- 31 March · each year
a self-employed individual pays the business tax with the return by 31 March of the following year. For an employee, income tax is withheld from each month's emoluments and remitted by the employer, so there is no annual balancing payment.
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Business and presumptive tax return – 31st March of every following applicable year.
- Personal income tax, instalments
- Not required here
No compulsory advance payment or payment on account is levied on individuals. The monthly Pay As You Go scheme is a voluntary Business Tax Act device for businesses, and an employee's tax is withheld by the employer each month.
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Income tax is usually withheld on the emoluments of employees by the employer and is remitted to the Seychelles Revenue Commission (SRC) on a monthly basis using the Business Activity Statement (BAS).
- VAT return
- Day 21 of the following month · each month
a VAT return for a compulsory registered business is due on the 21st of every following applicable month; a voluntary registrant files on the 21st of every applicable quarter. The compulsory monthly case is recorded as the standard, per the brief.
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Value added tax return for compulsory registered businesses – 21st of every following applicable month.
- Payroll withholding
- Day 21 of the following month · each month
the employer must pay the tax withheld to SRC within 21 days of the following applicable month using the Business Activity Statement, and lodge the monthly payroll electronically.
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Pay the tax withheld to SRC within 21 days of the following applicable month using the BAS.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Seychelles yet.
Economy and trade
What it exports
Goods Seychelles exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Seychelles’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Fish, frozen, excluding fish fillets and other fish meat of heading 0304 HS 0303 | 45.4% | 42.4% | 28.4% | US$255 m |
| Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs HS 1604 | 38.0% | 42.8% | 26.4% | US$237 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 0.64% | 0.30% | 25.1% | US$226 m |
| Copper waste and scrap HS 7404 | 0.08% | 0.26% | 4.5% | US$41 m |
| Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304 HS 0302 | 3.1% | 2.5% | 3.4% | US$31 m |
| Yachts and other vessels for pleasure or sports; rowing boats and canoes HS 8903 | 0.99% | 0.23% | 2.8% | US$26 m |
| Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves HS 2301 | 0.26% | 0.97% | 0.96% | US$9 m |
| Aluminium waste and scrap HS 7602 | 0.08% | 0.10% | 0.91% | US$8 m |
| Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen HS 0304 | 0.62% | 0.96% | 0.62% | US$6 m |
| Aquatic invertebrates other than crustaceans and molluscs, live, fresh, chilled, frozen, dried, salted or in brine; smoked aquatic invertebrates other than crustaceans and molluscs, whether or not cooked before or during the smoking process HS 0308 | 0.54% | 0.66% | 0.42% | US$4 m |
Total goods exports, 2024: US$899 m. The ten largest headings are shown.