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