Taxpayer

- A legal entity resident in the country that generates profit from activities within the country and abroad.
- A permanent establishment of a foreign entity for the profit generated from activities on the territory of our country.

Tax Rate

- 10% on a base defined as the difference between the total revenue and the total expenses of the taxpayer, in an amount determined in accordance with accounting regulations and accounting standards, increased by non-deductible expenses and underreported income for tax purposes.

Legislation

Law on Profit Tax – unofficial consolidated text