Eswatini Tax Overview

Eswatini tax system at a glance

• Eswatini tax overview summary — Eswatini (formerly Swaziland) taxes income on a source basis administered by the Eswatini Revenue Service. Income tax, VAT and customs are the principal taxes; figures below reflect the 2025 position and should be confirmed against the Income Tax Order and current ERS notices.
• National tax authority — Eswatini Revenue Service (ERS) (formerly Swaziland Revenue Authority) (Revenue Authority Act, 2008)
• Currency — Swazi Lilangeni (SZL), plural Emalangeni; pegged 1:1 to the South African Rand (Central Bank of Eswatini Order)
• Tax year for individuals — 1 July to 30 June (Income Tax Order, 1975)
• Tax year for companies — 1 July to 30 June (or the company's own financial year-end) (Income Tax Order, 1975)
• Basis of taxation — Source basis — all income derived from or deemed derived from a source within Eswatini is taxable, regardless of the recipient's residence (Income Tax Order, 1975)
• Top personal income tax rate — 33% on annual taxable income above SZL 200,000 percent (Income Tax Order, 1975)
• Corporate income tax rate — 25% (reduced from 27.5% for year-ends after 31 December 2024) percent (Income Tax Order, 1975)
• Does Eswatini have VAT? — Yes — VAT applies at a standard rate of 15% (Value Added Tax Act, 2011)
• Individual income tax return deadline — Returns due after the 30 June year-end as notified by the ERS (typically within a few months of year-end) ((approx — confirm)) (Income Tax Order, 1975)
• Company income tax return deadline — Within 120 days of the 30 June year-end (extensions routinely granted, typically a further 60 days) (Income Tax Order, 1975)