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Retained

  • Statutory Tax Rate 3
  • 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 3

Statutory Tax Rate

The taxable income of a resident company is subject to tax at the following progressive rates:

  • Up to USD 10,000: 0.8%
  • More than USD 10,000: 3%

For non-residents, a standard rate of 10% applies.