Retained
- Statutory Tax Rate 33
- Surtax Based on Taxable Income 0
- Surtax Based on Statutory Tax 0
- Surtax Deductible from Taxable Income 0
- Statutory Tax Deductable 0
- Effective Tax Rate 33
Statutory Tax Rate
The standard corporate tax rate for companies is 33%.
In response to the COVID-19 pandemic, the corporate tax rate is reduced to 25% for companies that maintain at least 75% of their staff in 2022. The reduced rate applies from 1 January 2022 until 30 June 2022.