Education - Tax Incentives

To support the growing demand for quality education, the Government introduced tax incentive measures to attract the private sector in providing more educational services alongside the existing institutions put in place by the government.

VAT Exemption

i) Imports

Educational material and equipment (excluding motor vehicles), construction materials and reference books (not for resale) as authorized by the Ministry of Education, imported into Seychelles by a person carrying on the business as a licensed educational institution (excluding government schools).

ii) Suppliers

Education services, including any textbooks or stationery supplied in relation to such services.

Business Tax

The rate payable by a private educational institution is 15% on its taxable income.

Exemptions

The income of a business conducting religious functions in an institution, scientific research, charitable activities or education institutions.