Seychelles

Seychelles introduces 15% VAT Jan 2013

December 21st, 2012

The Seychelles is to introduce Value Added Tax regime at 15% from 2013. The latest Budget Act has been introduced will bring in VAT on tax-registered businesses with a turnover above SR 5 million per annum.  There is a provision for companies or tax-registered individuals below this threshold to VAT register on a voluntary basis. …