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Retained

  • Statutory Tax Rate 25
  • 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 25

Statutory Tax Rate

Under the standard regime, the tax rate is 25% on net taxable income. Additionally, a solidarity tax of 1% applies on the greater of net assets or gross revenues.

Under the elective alternative regime, the tax rate is 5% on the first GTQ 30,000 of gross taxable income, and at the rate of 7% on the excess. There is no solidarity tax.