Investor Presentaiton
Statutory Corporate Tax Rates
Statutory
Markets
Tax Rate
Losses C/Fwd
Allowed
Overview
Results review
Operations review
Additional information
Algeria
26%
4 years
The Tax Rate is 22% for tax year 2022 onwards
Indonesia
22%
5 years
Iraq
15%
5 years
Kuwait
15%
3 years
GCC companies (including NMTC) are exempted, but are subjected to 4.5% Zakat,
KFAS & National Labour Support Tax on consolidated profits
Maldives
15%
5 years
Myanmar
22%
3 years
Oman
15%
5 years
Palestine
20%
5 years
Qatar
10%
5 years
No corporate income tax is levied on a corporate entity that is wholly owned by Qatari
nationals and GCC nationals that are resident in Qatar and companies listed on Qatar
Exchange
Singapore
17%
Indefinitely
Tunisia
35%
5 years
35% tax rate applies to oil companies, banks, financial institutions including insurance
companies and telecommunication companies, 2% Social Solidarity Contribution Fee to
finance Social Security Fund is applicable to Company subject to CIT rate of 35%
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