Details – Paying Taxes in Angola
TAX
NUMBER OF PAYMENTS
TAX RATE
TAX BASE

Corporate income tax

2

30%

Taxable profit

Social Security Contributions

12

8%

Gross salaries

Property Tax

2

0.5% for non- rented property

Property registered value

Tax on interest

1

10%

Interest income

Consumption tax

12

10%

Sales

Employee labor tax

0 (jointly)

3%

gross salaries

Circulation fee

1

AOA 15,350

fixed fee

Stamp tax

0 (jointly)

1%

contract value (turnover)

Frequently asked questions:
VAT Refunds
Does VAT exist?

No. It is expected that it enters in force only in October 2020.

Does a VAT refund process exist?

N/A

Restrictions on VAT refund process

Not Applicable

Percentage of cases exposed to a VAT audit (%)

Not Applicable

Is there a mandatory carry forward period?

Not Applicable

Time to obtain VAT refund (weeks)

No VAT

Corporate income tax audits
Does corporate income tax exist?

Yes

Percentage of cases exposed to a corporate income tax audit (%)

0% – 24%

Time to comply with a corporate income tax correction (hours)

7.0