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Retained

  • Statutory Tax Rate 0
  • 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 0

Statutory Tax Rate

From 1 January 2018, a new corporate tax regime - the reinvested profit model - is introduced, which includes that the payment of tax is suspended until profits are distributed or used for purposes other than ensuring the company's further development. Distributed profits are subject to corporate income tax at the rate of 20/80 on the net amount of the profit distribution, corresponding to 20% on the gross amount, while reinvested profits are exempt.

Effective Tax Rate

The standard rate of corporate income tax is 15%. A reduced rate of 9% applied up to 2016 for eligible small business with no more than 5 employees and annual revenue of up to EUR 100,000. From 2017 a 15% rate applies, but no social security contributions are due from eligible small businesses.

Distributed

  • Statutory Tax Rate 20
  • 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 20

Statutory Tax Rate

From 1 January 2018, a new corporate tax regime - the reinvested profit model - is introduced, which includes that the payment of tax is suspended until profits are distributed or used for purposes other than ensuring the company's further development. Distributed profits are subject to corporate income tax at the rate of 20/80 on the net amount of the profit distribution, corresponding to 20% on the gross amount, while reinvested profits are exempt.