|
Corporate tax
| Tax rate for resident companies |
For residents, the rate is progressive according to the brackets of the net profit. The rate varies between 10% and 45%. Non-residents benefit from the same fiscal system.
|
| |
|
| |
|
| |
|
| Tax rate on branches |
Foreign branches are taxed for the corporate tax, as any residents companies in Syria.
|
Income tax
| Fiscal year |
The fiscal year begins on January 1st and ends on December 31st of the same year.
|
| |
|
| Income tax rate |
The rate is progressive, it varies between 5 and 15%.
| From 0 to 1000 £S | 5% | | From 1001 to 2000 £S | 7,5% | | From 2001 to 3000 £S | 10% | | From 3001 to 4000 £S | 12,5% | | Beyond 4000 £S | 15% |
|
| |
|
VAT rates
| Standard rates |
VAT will be introduced by 2008. The system will be based on the EU model.
|
| |
|
Other important taxes
| Name of tax |
Rate |
|
Tax for the war effort, consumption tax and tax on luxuries
|
6% to 33%
|
|
Stamp duty
|
1,25%
|
|
Local tax
|
of 4% to 10%
|
|
|
Accounting
|
|
Professionals and representative organizations
The "Association of Syrian Certified Accountants".
|
| Last modified in
2006 - ongoing update
|
Export Entreprises©, All rights reserved |
|
