8.1.1. Other Taxes
The following table provides an overview of other taxes that may be imposed on a company doing business in the country.
| Tax Type | Rate(s) | Notes |
|---|---|---|
| Capital Duty | N/A | N/A |
| Payroll Tax | N/A | N/A |
| Social Security Employer Contribution | 21.7% | Employer contributions are approximately 21.7% of gross salary. The Contribution includes old age insurance and widow and orphan insurance, health care insurance, accident insurance, insurance for loss of income due to illness, and general insurance for exceptional medical expenses. The contribution for accident insurance will increase based on the risks of the work. |
| Social Security Employee Contribution | 12.3% | Employee contributions are equal to 12.3% of gross salary. The contribution includes old age insurance and widow and orphan insurance, health care insurance, and general insurance for exceptional medical expenses. |
| Property Tax | 0.4% to 0.6% | Real estate tax is levied annually on the value of the property at progressive rates ranging from 0.4% to 0.6% depending on the value of the property. |
| Transfer Tax | 4% | The transfer of immovable property is subject to a 4% transfer tax. |
| Stamp Duty | Varies | Stamp duty is levied on official documents at varying rates, but generally ANG 10 per page. Mortgages are subject to a 0.2% stamp duty on the value of the mortgage. |
| Excise Taxes | Varies | Excise taxes are levied on alcoholic beverages, tobacco products, and gasoline. |
| Customs Duty | 5% to 27% | Customs duties are levied on most goods imported into Curacao at rates generally ranging from 5% to 27% |