Corporate Tax Comparison

Norway vs Seychelles

Compare Norway and Seychelles corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Norway: 2/14/2024 · Seychelles: 2/21/2024 · Time of Update — Norway: 9/26/2026 · Seychelles: 10/01/2026

Base Country/Region

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Compare Corporate Tax

Norway

Seychelles

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Norway: 2/14/2024 · Seychelles: 2/21/2024 · Time of Update — Norway: 9/26/2026 · Seychelles: 10/01/2026

Corporate Income Tax (CIT)

Norway

Seychelles

General CIT Rate:

22 (25% of some companies in the financial sector).

General CIT Rate:

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).

CIT Return Due Date:

At the end of May of the next fiscal year (according to the oil tax system, the end of April). Other requirements may apply to specific business sectors, such as hydroelectric power.

CIT Return Due Date:

The business tax return is due by 31 March, three months after the end of a calendar tax year, or within three months after the end of a substituted tax year.

CIT Payment Due Date:

Tax arrears must be paid within three weeks after the assessment is announced.

CIT Payment Due Date:

The business tax balance is paid with the return: by 31 March for a calendar tax year, or within three months after the end of a substituted tax year.

CIT Estimated Payment Due Date:

February 15 and April 15.

CIT Estimated Payment Due Date:

Business tax instalments are paid monthly under the SRC's Pay As You Go scheme, by the 21st day after the end of each month with a Business Activity Statement; the balance is paid with the return due by 31 March.

Withholding Tax (WHT)

Norway

Seychelles

Resident Withholding Tax (Dividend/Interest/Royalty):

0/0-15/NA

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

15/15/15

Value-Added Tax (VAT)

Norway

Seychelles

General VAT Rate:

15%

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Norway

Seychelles

General Capital Gain Tax Rate:

Capital gains are constrained by the normal corporate income tax rate. Gains on shares covered by the participation exemption (skatteloven § 2-38) are tax-free, and losses on them are not deductible.

General Capital Gain Tax Rate:

Capital gains are not subject to tax in Seychelles.

Effective Tax Rate (ETR)

Norway

Seychelles

Composite Effective Average Tax Rate:

21.41%

Composite Effective Average Tax Rate:

23.20%

Composite Effective Marginal Tax Rate:

23.11%

Composite Effective Marginal Tax Rate:

17.33%

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