The Mozambique Assembly of the Republic (parliament) approved a package of tax measures on 30 November 2022 that includes corporate tax and VAT amendments. The main measures include:

• A reduction in the corporate tax rate from 32% to 10% for agriculture, aquaculture, and urban transport sectors for the period 2023 to 2025;
• A reduction in the withholding tax rate from 20% to 10% on payments for …