Retained
- Statutory Tax Rate10
- Surtax Based on Taxable Income0
- Surtax Based on Statutory Tax0
- Surtax Deductible from Taxable Income0
- Statutory Tax Deductable0
- Effective Tax Rate10
Statutory Tax Rate
The corporate income tax is assessed at the flat rate of 10%. Effective from 1 January 2020, a simplified regime is applicable for small-and-medium-sized companies based on gross turnover.