Taxation
Profits Tax
Levied on net profit derived from any commercial or industrial business. Max 12% for corporate profits tax.
Industrial Tax
Charged on all individuals and companies engaged in any commercial or industrial business.
Fixed annual fee varies according to the nature of the business.
All merchants must complete the relevant forms and submit 30 days before starting the business.
For Tax Relief Measures of the financial year and further information, please click
here.
