Libya Taxes and Costs: 20% Corporate Tax and Jihad Tax Fact Check
βFor Libya β’ Taxes and any other mandatory costs o 20% Corporate Income Tax + 4% Jihad Tax on income o 1% Stap Duty Tax on the total contract or premium value ο§ 0.5% payment on all payments made to tax authorities (which would be the stamp duty tax)β
Summary
Libya imposes a flat 20% corporate income tax and a 4% Jihad (or Jehad) tax on taxable income, which matches the statement. However, while a stamp duty exists, the sources do not confirm a uniform 1% rate on contract values or a 0.5% payment on all payments; the exact rates are defined in a detailed schedule and differ from the claim.
Sources 60 searched
- Libya - U.S. Department of State
Corporate tax rates have in the past been subject to interpretation and negotiation between the company and Libyan tax authorities. The new income tax law (Law No 7 of 2010) harmonizes tax rates and reduces corporate rates to a flat tax of 20%. Law ...
- Tax In Libya: A 2025 Guide To Current Regulations | Euro-Libyan Trade Centre
The Corporate Tax Law underwent significant amendments in 2022, reducing the standard corporate tax rate from 25% to 20%. This adjustment aims to stimulate business growth and increase Libyaβs competitiveness in the global market.
- libya-tax-guide-2016-17.pdf
corporate income tax on their profits stemming from any business they carry on in Libya. They are Β· subjected to company tax at rate of corporate tax of 20% of taxable income and Jehad tax at 4% of
- Taxes on corporate income - Libya - Worldwide Tax Summaries
CIT is imposed annually on the same basis for Libyan controlled corporate entities, foreign controlled corporate entities, and branches of foreign companies. CIT is levied on taxable profits at a flat rate of 20%.
- Libya - Corporate - Other taxes - Worldwide Tax Summaries
Libya has no transfer taxes. Stamp Duty Law levies a schedule of duties and rates on various documents and transactions. The most relevant to corporate entities is Schedule 28, which prescribes the rate of duties on contracts for the provision ...
- Libya Payroll Tax & Compliance Guide (2025)
All companies doing business in Libya must pay corporate income tax (CIT) at a flat rate of 20% on net taxable profits.
- Tax Rates in Libya for Expats 2026 β Income, Corporate & VAT
Tax rates in Libya 2026: income tax 5.0%β15.0%, corporate 20.0%, VAT 0.0%, CGT exempt. Territorial: No. Full expat & nomad tax guide for Libya, updated
- Tax Guide Libya - Personal & Corporate Taxation in Libya
Corporate Income Tax is levied in Libya at a rate of 20%. This rate is applied in a flat manner, regardless of the volume of the profit generated.
- Doing Business in Libya Supporting Informed Expansion. 2026
Taxed on income earned in Libya at 20% CIT.
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