Sao Tome and Principe vs Seychelles
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπΉ Sao Tome and Principe β Sao Tome & Principe Tax System
Sao Tome and Principe is a small island nation in the Gulf of Guinea with progressive income tax up to 25%. IVA (VAT) is 15%. The economy has long been dominated by cocoa exports and foreign aid. Offshore oil potential (Joint Development Zone with Nigeria) has not yet materialized in significant production. The country joined the EITI (Extractive Industries Transparency Initiative).
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.
Sao Tome and Principe vs Seychelles: Key Tax Differences (2026)
π° Income Tax: πΈπΉ Sao Tome and Principe has a higher top income tax rate (0β25% vs 0β15%). πΈπ¨ Seychelles is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
π’ Corporate Tax: πΈπΉ Sao Tome and Principe offers a lower corporate rate (25% vs 33%), which can influence business location decisions.
π Capital Gains: πΈπ¨ Seychelles taxes investment gains at a lower rate (0% vs 25%), benefiting investors.