{{vm.title}}
25{{vm.includesText}}
{{item}}
{{vm.selectText}}
{{ vm.welcomeLabel.trim() }},
{{ vm.userName }}
{{ vm.text }}
{{vm.newUser1}} {{vm.newUser2}} {{vm.newUser3}} {{vm.newUser4}}
{{ vm.unknownUser }}
{{ vm.title }}
{{ vm.title }}
{{ vm.title }}
- {{ vm.siteSelectorList.flyout.cell1.heading }} {{ site.countryLocale }} {{ vm.siteSelectorList.flyout.cell1.global.countryLocale }}
{{ vm.closeTabLabel }}
- {{ vm.flyout.cell2.title }} {{ vm.flyout.cell2.newTabAllow }} {{ vm.flyout.cell2.title }}
- {{ vm.flyout.cell3.title }} {{ vm.flyout.cell3.newTabAllow }} {{ vm.flyout.cell3.title }}
- {{ vm.flyout.cell1.viewAll.label }} {{ vm.flyout.cell1.viewAll.newTabAllow }} {{ vm.flyout.cell1.viewAll.label }}
Angola - Other Taxes and Levies
Angola - Other Taxes and Levies
Taxation of international executives
Social Security Tax
Are there social security/social insurance taxes in Angola? If so, what are the rates for employers and employees?
Employer and Employee
| Paid by | |||
| Type of Insurance | Employer Percent | Employee Percent | Total Percent |
| Social Security | 8 | 3 | 11 |
| Total Percent | 8 | 3 | 11 |
The following aspects of social security are worth noting:
- Social security is only mandatory for Angolan nationals and for individuals with a residency permit.
- Subject to this condition, the employee and the employer must contribute 3 percent and 8 percent, of the employee’s gross salary, respectively.
- The employer is required to withhold the employee’s contribution and pay both contributions by the tenth day of the month following the month in which the personal income was paid.
Gift, Wealth, Estate, and/or Inheritance Tax
Are there any gift, wealth, estate, and/or inheritance taxes in Angola?
An old donations and inheritance tax system exists.
Real Estate Tax
Are there real estate taxes in Angola?
There is a property transfer tax (SISA) applied on the sale, exchange, and disposal of immovable tangible property.
Sales/VAT Tax
Are there sales and/or value-added taxes in Angola?
There is no value-added tax in Angola. However, there is a consumption tax.
Unemployment Tax
Are there unemployment taxes in Angola?
Not applicable.
Other Taxes
Are there additional taxes in Angola that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.
Capital gains
Capital gains earned by an individual are taxed under Capital Taxation Law (capital gains deriving from the sale of shares).
Dividends, Interest, and Rental Income
Dividends paid to an individual are taxed under Capital Taxation Law at an effective rate of 10 percent. The company distributing the dividends must withhold tax on payment. Interest payments to resident individuals are not subject to earned income tax, but to withholding of investment income tax at the rates indicated below:
- 10 percent on interest from corporate bonds, central bank bonds, state bonds (a 5 percent tax rate applies to long-term – 3 years or more – central bank bonds and state bonds) and interest from current accounts and term accounts, which is withheld at source by the payer;
- 15 percent on participators’ advance loans to their company and gambling earnings, which is withheld at source by the payer; and
- 15 percent on any other type of taxable interest, assessed by the competent local tax office.
Owners of properties are subject to property tax on the rents received at 25 percent.
Payroll Tax
Employees are subject to a monthly payroll tax which is a final tax.
Foreign Financial Assets
Is there a requirement to declare/report offshore assets (e.g., foreign financial accounts, securities) to the country/territory’s fiscal or banking authorities?
No.
>> Go back to the E-News homepage
KPMG in Angola
Luanda
Jorge Tainha
KPMG Angola – Audit, Tax Advisory, SA
Rua Assalto ao Quartel de Moncada, 15 – 2º
Luanda – Angola
Tel. +244 227 280 101
e-Mail: jtainha@kpmg.com
KPMG Angola - Audit, Tax, Advisory, S.A., an Angolan company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. The information contained herein is of general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
