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Retained

  • 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

The standard corporate tax rate is 20% for companies with annual turnover exceeding MGA 200 million (increased from MGA 100 million in 2019). Companies with turnover below the threshold are subject to synthetic tax applicable at a rate of 5% on 70% of turnover.