East & Southern Africa
Eswatini tax rates 2026
A 27.5% corporate rate and progressive personal tax to 33%, with the lilangeni pegged one-to-one to the South African rand inside the Common Monetary Area.
Worldwide (residence-based)
Last verified
The taxes
| Personal income (top) | 33%Progressive bands rising to 33% on higher income. |
|---|---|
| Corporate income | 27.5% |
| Capital gains | Included in taxable income. There is no separate individual capital gains tax. |
| VAT | 15% |
| Dividends (WHT) | 12.5% |
| Interest (WHT) | 10% |
| Royalties (WHT) | 15% |
| Social security (employee) | 5% |
| Social security (employer) | 5% |
| Wealth tax | None |
| Inheritance / estate | None |
| Property tax | Property rates apply at municipal level. |
| Other | The lilangeni is pegged to the South African rand. Eswatini is a member of the Southern African Customs Union. |
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.