Somalia: what is the corporate tax rate?

35%. That is the headline rate, the one ordinary companies pay.

Somalia: what is the income tax rate?

0% to 18%. Depending on the country, a flat rate or a progressive scale.

FiScore 5.7 out of 10, ranked 77th of 217: around the world average.

Somalia vs World average Compare another country

Corporate 35% · Personal 0% to 18% · VAT 5% · SOS

FiScore

77th Light Heavy

Corporate income taxheadline rate

35%

20.8%

+14.2points

Personal income taxtop bracket

18%

17%

+1.0points

VATstandard rate

14%

−9.0points

This page is not written yet. The rates shown come from our official records.