Ireland vs Seychelles

Trade company: 12.5%. Non-trade company: 25% (e.g. royalties received by passive holding companies).

Standard business tax: 15% on the first SCR 1 million, 25% above. Telecom, banking, insurance, alcohol & tobacco manufacturers: 25% on the first SCR 1 million, 33% above. Small business presumptive tax: 1.5% on turnover (non-VAT registered, under SCR 1M turnover).

Nine months after the end of the tax accounting period.

The due date for corporate income tax returns is typically six months after the end of the financial year.

Nine months after the end of the tax accounting period.

Corporate income tax payments are generally due six months after the end of the financial year, in line with the return filing deadline.

Small companies: The first installment should be due 31 days before the end of the tax accounting period, and the final installment should be due at the time of submitting the tax return; Large companies: The first installment should be due six months after the start of the tax accounting period, the second installment should be due 31 days before the end of the tax accounting period, and the final installment should be due at the time of submitting the CIT return for that period. * Not later than the 23rd of the month.

Businesses are required to make quarterly estimated tax payments to manage their tax liabilities effectively.

25/20/20

0/NA/NA

25/20/20

15/15/15

23

15%

33%

Capital gains are not subject to tax in Seychelles.

12.36

23.20%

13.21

17.33%