Eswatini's corporate income tax (CIT) rate is 25%, effective for financial year-ends after July 1, 2024 (down from a prior 27.5%) - given the current date, all current-year assessments now fall under this 25% rate.
The headline personal income tax (PIT) rate is 33.
The standard VAT/GST (or equivalent consumption tax) rate is 15. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.
Eswatini's tax law does not specifically define residence for individuals; in practice, anyone employed or in business in Eswatini is regarded as resident for tax purposes, including expatriates working under an employer's permit or self-employed individuals. Corporate PE is determined by physical presence. Eswatini has no separate capital gains tax.
Eswatini has no CFC legislation of any kind.
Eswatini has no thin capitalization rules and no transfer pricing legislation, though the Eswatini Revenue Authority can invoke general anti-avoidance provisions to scrutinize related-party transactions for arm's-length pricing.
No FBAR/Form 8938-equivalent regime was identified for Eswatini. Notably, Eswatini has no foreign tax credit regime at all for individuals - a significant planning consideration for Eswatini residents with foreign-source income, since double taxation relief depends entirely on treaty coverage rather than any unilateral domestic credit mechanism.
Eswatini maintains approximately 6 double tax treaties, including a long-standing UK treaty (signed and effective 1968).