Seychelles vs Sweden
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.
πΈπͺ Sweden β Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Seychelles vs Sweden: Key Tax Differences (2026)
π° Income Tax: πΈπͺ Sweden has a higher top income tax rate (0β15% vs 32β52%). πΈπ¨ Seychelles is more favourable for high earners.
π VAT/Sales Tax: Sweden has a higher consumption tax (15% vs 6β25%).
π’ Corporate Tax: πΈπͺ Sweden offers a lower corporate rate (20.6% vs 33%), which can influence business location decisions.
π Capital Gains: πΈπ¨ Seychelles taxes investment gains at a lower rate (0% vs 30%), benefiting investors.