Income Tax – 1%,5%,20%
Competitive personal income tax rates to suit various income levels.
Double Taxation Avoidance Agreement with 56 Countries
Competitive personal income tax rates to suit various income levels.
Minimal import duties to facilitate international trade.
Standard value-added tax applied to most goods and services.
Specific taxes on select goods to promote public health.
Low property taxes to encourage investment in real estate.
Attractive corporate tax rate to support business growth.