- Statutory Tax Rate35
- Surtax Based on Taxable Income0
- Surtax Based on Statutory Tax0
- Surtax Deductible from Taxable Income0
- Statutory Tax Deductable0
- Effective Tax Rate35
Statutory Tax Rate
The standard corporate tax rate is 35%. The minimum corporate income tax is payable at the rate of 3% of annual turnover (increased from 1% effective from 1 January 2019).