Tax Rates on Companies

· Corporate tax rate on profits: 22% .

· Dividend's tax rate is 5% additional (only for S.A. and I.K.E./L.T.D.).

· Tax payment in advance for next year comes to 80%. (first 3 years of operation is reduced to half).

· Capital raise: 0,2% tax on the amount of raise.

· Commercial loan to a company: 2,4% stamp duty tax (not applicable for bank loans).