Angola Country Profile

Tax Administration

Business Corruption

The World Bank & IFC Doing Business 2010 reveals that a medium-sized company must make several payments to tax authorities every year. However, Angola has a slightly less complicated tax system in terms of tax rates, the annual number of payments, and the time spent on these payments compared to regional average.

Frequency

The World Bank & IFC: Doing Business 2010:
- A medium-sized company must make an average of 31 payments each year to the tax authorities at a total tax rate of 53% of profits, and dealings with them take an average of 272 hours per year.

The World Bank & IFC: Enterprise Surveys 2006:
- 15% of companies expect to give gifts in meetings with tax inspectors.