Corporate tax
Tax rate for resident companies |
For residents, the rate is progressive according to the brackets of the net profit. The rate varies between 10% and 45%. Nonresidents benefit from the same fiscal system.
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Tax rate on branches |
Foreign branches are taxed for the corporate tax, as any residents companies in Syria.
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Income tax
Fiscal year |
The fiscal year begins on January 1st and ends on December 31st of the same year.
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Income tax rate |
The rate is progressive, it varies between 5 and 15%.
| From 0 to 1000 #S | 5% | | From 1001 to 2000 #S | 7,5% | | From 2001 to 3000 #S | 10% | | From 3001 to 4000 #S | 12,5% | | Beyond 4000 #S | 15% |
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VAT rates
Standard rates |
No.
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Reduced rates |
No reduced rate.
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Other important taxes
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Name of tax |
Rate |
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Tax for the war effort, consumption tax and tax on luxuries
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6% to 33%
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Stamp duty
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1.25%
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Local tax
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of 4% to 10%
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Accounting
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Professionals and representative organizations
The "Association of Syrian Certified Accountants".
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Export Entreprises SA ©, All rights reserved
Last modified in
January 2003
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