09/01/2025
That's Why Startups Continue To Struggle In hashtag πΉπΏ
π Import Duty 25%
π VAT 18%
π Excise Duty 10%
π Rail Duty 5%
π Corporate tax 30%
π Witholding tax10%
π Quaterly tax
π Property tax
π Land rent tax
π Directors fees tax
π Service levy tax 0.3%
π Stamp duty tax 1%
πExcise duty on phones, air time, mobile money transfer, bank transfers etc.
π Capital Gains tax 10%(disposal of assets)
π 10% NSSF contribution
π PAYE (pay as you earn)
π SDL (skill & dev. Levy)
π WCF (workman comp.)
Fuel levy
FCC
Sign Board of shops
π Business License
π Fees, Fines, Penalties and Interests on Principle and Interest on Penalties
π Facilitation Fee (Due to Corruption, Red Tape & Bureaucracy)
And many more taxes.
π Then there is OSHA, FIRE, TBS, TFDA, INSURANCE, DAWASA, TANESCO, WMA, TMAA, NEMC, SUMATRA, etc etc
In total, over 56 direct taxes on businesses.