Burundi Corporate Income Tax

Corporate income tax (Impôt sur les sociétés)

Companies resident in Burundi are taxed on profits at a flat rate, with a minimum tax based on turnover for loss-making years. Withholding taxes apply to passive income and to payments to non-residents. Confirm rates and deadlines with the current General Tax Code.

• Standard corporate income tax rate — 30% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Minimum tax for loss-making years — 1% of annual turnover % (Law No. 1/02 of 24 January 2013 (income tax law))
• Tax base — Net accounting profit adjusted for non-deductible expenses and exempt income, per the General Tax Code (Law No. 1/02 of 24 January 2013 (income tax law))
• Capital gains on commercial immovable property — 15% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Withholding tax on dividends — 15% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Withholding tax on interest — 15% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Withholding tax on royalties — 15% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Withholding tax on management/service fees — 15% % (Law No. 1/02 of 24 January 2013 (income tax law))
• Branch profit remittance tax — 15% % ((approx — confirm)) (Law No. 1/02 of 24 January 2013 (income tax law))
• Annual corporate tax return filing deadline — Generally by 31 March following the close of the calendar tax year ((approx — confirm)) (Law No. 1/02 of 24 January 2013 (income tax law))
• Advance corporate tax payments — Provisional/advance instalments are payable during the year, with final balance on filing ((approx — confirm)) (Law No. 1/02 of 24 January 2013 (income tax law))