East & Southern Africa
Eswatini: tax at a glance
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
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.