Others Significant Taxes

Others significant taxes

Business Licence tax(Patente)

Patente is a tax at the decreasing rate on the annual turnover of a commercial activities.

  • The rate varies according to Turnover between 0.20% and 1%
  • Companies in the basic regime are exempt from payment of the patent

The table below shows the bands:

Class

Revenue

Rate

1

30.000.000 - 100.000.000

1%

2

100.000.000 - 1.000.000.000

0,60%

3

1.000.000.000 - 10.000.000.000

0,45%

3

10.000.000.000 and More

0,20%

Patente is determined and paid latest April 30th of each year.


Registration and Stamp duties

Most of contractual obligations are subjected to fix, proportional, progressive registration duties. They are due within three months from date of signature:

Table below shows some of the most important :

Transactions

Rate

Lease right transfert

15%

Business sales

15%

Real estate unlimited lease

15%

Limited lease for profesional use

12%

Real estate, sales, transfer

7.5%

Movables limited lease

7.5%

Movables unlimited lease

7.5%

Movables purchasing and selling

7.5%

Sales of shares

6%

Goods of Business sale

3%

 


Withholding tax

Some transactions are subjected to tax retention at source:

Income category

Rate (%)

Resident

Nonresident

Dividends

15

15

Interest

15

15

Payment for services provided by non-resident

15

15

Payment for services provided by resident, and retail sales

2

2

Diamond and Gold Sales

3

3

Rent of Movables and immovables

6

6

  • Dividend, interest and royalties’ rate is applicable unless resident is from a country with double tax treaty with CAR.
  • The treaty will either reduce of cancel the retention, the income is subject to tax in the state of the recipient

Contact