Sudan

Sudan - Islamic law (Sharia)
Sorry We cannot help in Sudan as it is OFAC restricted

Sudan taxes

If you are wanting to do business in Sudan, reading this will help you becoming knowlegeable on the specific tax laws and rates for a LLC which is the most common company type in Sudan.

SD has a tax on foreign earned income from outside the country separately then it it was attached to local operations. Thepredominant estimated rate for offshore income, from our research, and your results may vary, is 0%. The country doesn't have major incentives to remit foreign earned profits made offshore. Taxes are reasonable in Sudan as the income corporate tax rate is 20%. This ranks Sudan as 63rd when compared to CIT globally. . .

The valued added tax rate in SD is 10.00%, which ranks Sudan as 63rd when compared to VAT taxation rate internationally. In terms of other taxation, an employer will contribute 1,700.00% to the equivalent of a social security fund and an employee will contribute 8.00%. The overall complexity of the tax system is medium. This is measured by average time to comply with a country's labor tax requirements is as it is 70hours. Contributing to this is the number of yearly labor tax payments, which is 12 in SD.

Thin capitalization mandates are not in effect. This refers to any type of restrictions on companies' debt-to-asset ratios. Dividends are a distribution of a portion of an earnings of the legal entity, decided by the board of directors, to a class of its shareholders. Dividends can be either cash payments, shares of stock, or other property. The capital gains rate in SDis 0%. A capital gains tax is levied on the profits that a corporation or natural person realizes when he or she sells sells a capital asset for a price that is higher than the purchase price.

The interest witholding rate is estimated at 7%This should be interpreted usually that the tax authorities expects companies to automatically withhold 7% of payments abroad on interest payments. The dividends witholding rate is 0%This means that the tax authorities expects to pay tax on at least 0% of money remitted abroad on dividend payments. The royalties witholding rate 15% This means that the tax authorities expects legal entities to pay tax on at least 15% of money remitted abroad on royalty payments.
There is no known tax on wealth in Sudan. There are inheritance taxes in SD placed on an estate. There are not many widely used research and development breaks on taxation in Sudan.

The above is not tax or legal advice for your individual circumstances. We can to help you find to an expert in Sudan who can get you an answer. Contact us today. Click the free consultation button above.

It takes approximately 70 hours to file and prepare documents for a Sudan Islamic law (Sharia).
The corporate tax is approximately 20% which is 70 in the world.

Owners of a company in Sudan are not allowed to carry back a loss and may be allowed to carry forward a loss for 5 years.

The vat rate in Sudan is 10% which ranks 46 in the world.

Patent box
RND credit
Wealth tax
Estate tax
Transfer taxes
Asset taxes
Capital duties
11Tax treaties
20%Offshore Tax
20%Corp rate
-Loss carryback years
70Corporate time
10%VAT rate
10%Capital gains
NoAEOI planned
Sorry We cannot help in Sudan as it is OFAC restricted

Sudan Tax Treaties

CountryTypeDate signed
Lebanon
DTC 2004-03-02
China
DTC 1997-05-30
Malaysia
DTC 1993-10-07
United Arab Emirates
DTC 2001-03-15
Indonesia
DTC 1998-02-10
South Korea
DTC 2004-04-09
Mauritania
DTC 2009-12-22
Turkey
DTC 2001-08-26
India
DTC 2003-10-22
United Kingdom
DTC 1975-03-08
South Africa
DTC 2007-11-07

Country Info

National Flag of
جمهورية السودان (ara)
Republic of the Sudan (eng)
Currency
SDG
Area Code
+249
Capital
Khartoum
Region
Northern Africa
Native Languages
Arabic
English