Current Normal Rate: 15%

Tax Incentive Companies: 15%

Companies listed on the Stock Exchange (including a subsidiary of a listed company) other than a tax incentive company: 5%

Non-resident societé: 15% or 25%
Resident Trust: 15%
Distribution to resident beneficiaries: Corporate – 25%, Individual – 28%

Tax incentive companies include: 

  • Companies with certificates issued under the Industrial Expansion Act 1993; Companies holding categories 1 and 2 Business Licences;
  • Banks holding a Class 2 Banking Licence;
  • Companies involved in financial services such as investment trusts, mutual funds, venture capital funds; 
  • Lease financing companies holding a Regional Development Certificate and so forth.