Africa
Currency
NAD
Corporate Tax
32%
Personal Income Tax
37%
VAT / GST
15%
Standard; 22% for manufacturing; 10% for non-mining SMEs.
Top rate 37% above NAD 1,500,000/year.
Standard rate.
Dividends
10%
Interest
10%
Royalties
10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
SSC 1.8% (employer 0.9% + employee 0.9%, capped); MSD 0.2% employer-only.
Capital Gains Tax
10% on gains
Inheritance / Estate Tax
Progressive estate duty
Capital (Net Worth) Tax
0%
Property Tax
Property rates (local)
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~15
Key partners: South Africa, UK, Germany, France, Mauritius, Sweden
Withholding typically 10% under treaties.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Fiscal year (1 March – 28/29 February)
Notes
Diamond mining 55% + 10% surcharge. Mining royalties 3-10% of market value.
More in Africa