Congolese tax environment
All businesses are subject to the same taxes enshrined in the General Tax Code and the various finance laws as defined by their legal framework.
I. CUSTOMS LAW AND TAXES IN FORCE
As for custom duties within the CEMAC zone, which are common external duty rates, compel member States to use the same designation and codification system for goods and to apply the same tax rates to the same goods imported from other countries.
Custom duty rates(see http://www.sydonia.cemac.int/harmonisation/tarif.html)
II. OTHER TAXES RELATED TO COMPANY PRODUCTION
The table below presents the taxation of commercial enterprises in Congo.
|TAXES AND DUTIES||APPLICABLE RATES|
|Corporate tax (CT)||
30% for taxable income exceeding 1000 CFAF (2014 finance law)
25% for agricultural cooperatives, micro-entreprises and in education
35% for non-resident companies
|Special corporate tax (SCT) or minimum tax rate||1% of CA and a minimum of 1 Million CFA F if the taxable income is on the deficit or if the CT is less that the SCT|
|Special capital gains tax||30% of the amount of taxable capital gains|
|Taxes on income from securities (IRVM)||20% normal rate, applied to shareholders by deduction|
|Payroll tax||7.5% of the payroll ( 2012 finance law)|
|Patent||Determined by the nature of activity carried out|
|Value added tax||
18% normal rate
5% reduced rates for some frequently consumed goods
0% export rate
10% applicable to all local goods
25% on imported goods
|Additional VAT taxes||5% duty on VAT|
|Tax on insurance contracts||10% unique tax on contract value|
Land tax on developed land.
Land tax on undeveloped land.
Tax on corporate tourist vehicles.
Tax on television sets applicable in case of transfer and handover of a building ( 10 to 15 % depending on the value of the transaction and family ties )
|Registration fees and stamp duty||2% on value of documents issued to physical and moral persons|
|Specific tax on alcoholic drinks and cigarettes||
Local producers and wholesale importers and legally subject to this tax
25CFAF per litre of alcoholic drink
40CFAF per packet of cigarette
|Tax on money transfer||1% of the gross transfer amount added to transfer charges|
|Pollution tax||0.2% CA of oil and mining companies in the production phase|
|Tax on rental value of professional facilities||10% of annual rents or annual rental value|