Paying Taxes in Eritrea

The table below addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year in Eritrea, as well as measures of administrative burden in paying taxes.

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Tax or mandatory contributionPayments (number)Notes on PaymentsTime (hours)Statutory tax rateTax baseTotal tax rate (% profit)Notes on TTR
Sales tax12 965.0%purchases73.7 
Corporate income tax1 2430.0%taxable profit7.7 
Municipality tax on land1 -1.85 per square meterland area1 
Municipality tax on earnings1 -4.0%taxable profit1 
Municipality tax on property1 -1.75 per square meterbuilding area0.8 
Garbage fee1 -0.4 per square meterbuilding area0.2 
Vehicle tax1 -fixed fee 0.1 
Personal income tax 96   witheld
Totals:18 216  84.5 


Notes:
Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.
The hours for VAT include all the VAT and sales taxes applicable.
The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.