Africa
Currency
ZMW
Corporate Tax
30%
Personal Income Tax
37.5%
VAT / GST
16%
Standard; 35% for banks & telecom; 15% for agriculture; 10% for mining (plus mineral royalty).
Top rate 37.5% above ZMW 9,200/month.
Standard rate (was 15.5% briefly).
Dividends
15%
Interest
15%
Royalties
15-20%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
NAPSA 10% (employer 5% + employee 5%); Workers' Compensation employer-only.
Capital Gains Tax
15% on real property; 0% on securities
Inheritance / Estate Tax
0%
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
~25
Key partners: UK, South Africa, China, India, Netherlands, Mauritius
Withholding typically 5%–15% 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.
Calendar year (1 April – 31 March for some)
Notes
Mineral royalty 5.5-10% depending on mineral. Variable Profit Tax applies to mining.
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