OrbitaxOrbitax

Seychelles Removing 15% Withholding Tax on Technical Services to Encourage Investment in the Digital Economy Sector as Part of Budget 2025

|Proposed Changes|Seychelles
Seychelles

The Seychelles Ministry of Finance, Economic Planning, and Trade has published the documents for the National Budget 2025, including the Speech delivered on 31 October 2024. The main proposed tax measures of the budget include:

  • The removal of the 15% withholding tax on technical services provided by foreign companies in the digital economy sector for a period of five years to encourage further investments from other countries in the sector and to accelerate investments in technology develo…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.