Taxation

The Principal taxes currently in place are:

Principal TaxesTax Rate

  1. Corporate IncomeTax 30%
  2. Turn Over(TOT)Tax 2% and 10%
  3. Excise Tax10% up to 100%
  4. Customs Duties0% up to 35%
  5. Income Tax from Employment0% up to 35%
  6. Export Taxes…………
  7. Withholding Taxes2%
  8. Value Added Tax15%
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