SC Value-added tax (VAT) Rates Seychelles — Value-added tax (VAT)

General VAT Rate Other Rates Local Currency
15% 0% Rupee (SCR)

Seychelles's general VAT rate is 15%, with other rates including 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Seychelles Revenue Commission (SRC) in Victoria.

Seychelles is a member of the Common Market for Eastern and Southern Africa Member, Southern African Development Community Member trading bloc, which may affect international VAT collection and regulations.

Seychelles's consumption tax is called the Value-added tax (VAT), which was introduced in January 2013.


Seychelles VAT rates for 2017

Standard
15%
Other
Zero-rated and exempt

Seychelles VAT number format

Businesses in Seychelles that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Seychelles Revenue Commission (SRC), and will follow a certain format. The VAT number format is Not applicable.


Seychelles VAT return periods

Businesses in Seychelles that are required to collect tax from consumers must file regular tax returns with the Seychelles Revenue Commission (SRC) in Victoria. Seychelles's VAT return periods are:

Monthly
Annual amount of taxable supplies exceeds SCR2 million (Compulsory Registration)
Quarterly
Annual amount of taxable supplies is SCR2 million or less (Voluntary Registration)

Seychelles Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Seychelles are required to start collecting and remitting tax.

Registration
Compulsory registration for businesses exceeding SCR2 million of taxable supplies for any 12-month period

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Seychelles are not required to collect taxes from the consumer.


Seychelles VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Seychelles VAT refund program, more info can be obtained from the Seychelles Revenue Commission (SRC).


SC Value-added tax (VAT) Rates Seychelles Tax Sources & Citations

  • EN: Seychelles Value Added Tax
  • RU: НДС
  • CN: 增值税
Note: This page is intended to be a simple overview of Seychelles's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Seychelles tax information on this page is incorrect or out of date.
Citations:
  1. Seychelles Seychelles Revenue Commission (SRC) (accessed 2017)
  2. Ernst & Young global VAT tax study, Seychelles (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/sc-seychelles