Tax rates in Syria

Tax Rates

Consumption Taxes

Nature of the Tax: N/A
Tax Rate: N/A
Reduced Tax Rate: N/A
Other Consumption Taxes: Consumption taxes are imposed on certain services and imported luxury goods, with rates varying between 1.5% and 40%.

Corporate Taxes

Company Tax: Progressive rate between 10 and 28% on net profits
Tax Rate For Foreign Companies: Companies are liable for tax on income arising from Syrian sources or activities, regardless of residence status. Non-resident companies are subject to the same tax regime as resident companies.
Capital Gains Taxation: Companies' capital gains are included in their taxable income and are taxed at the standard corparate tax rates.
Gains on real property are subject to tax at a rate ranging between 15% and 30% of the registered value.
Main Allowable Deductions and Tax Credits: Work travel and business expenses are generally deductible.
Other Corporate Taxes: Social security (the employer needs to contribute an overall rate of 17.1%: 14% for old age, disability and death benefits; 3% to the work injury benefits scheme; and 0.1% to a lump-sum disability benefits fund), stamp duty (0,3 to 0,7%), real property tax (from 14 to 60%). A property registration fee is due upon the registration of real estate, its sale, assignment or inheritance, at a rate of 10%.
Initial public offering or subsequent capital increases are subject to a tax of SYP 250,000, plus 0.1% of the publicly issued capital (capped at SYP 1 million). A stamp fee of 0.4% of the capital also must be paid upon the establishment and registration of a corporation (reduced by half if the company offers more than 50% of its shares to the public).
Other Domestic Resources: General Authority for Taxes and Fees, in Arabic; Consult Doing Business Website, to obtain a summary of the taxes and mandatory contributions.

Country Comparison For Corporate Taxation

	Syria	Middle East & North Africa	United States	Germany
Number of Payments of Taxes per Year	20.0	20.8	10.6	9.0
Time Taken For Administrative Formalities (Hours)	336.0	204.0	175.0	218.0
Total Share of Taxes (% of Profit)	42.7	32.1	36.6	48.8

Source: Doing Business, Latest available data.

Individual Taxes

Tax Rate

Individual income tax	Progressive tax rate from 0% to 22%
From SYP 0 to 15,000	0%
From SYP 15,000 to 144,000	5%
From SYP 144,001 to 192,000	7%
From SYP 192,001 to 240,000	9%
From SYP 240,001 to 288,000	11%
From SYP 288,001 to 360,000	12%
From SYP 360,001 to 600,000	16%
From SYP 600,001 to 900,000	19%
More than SYP 900,001	22%
Non-regular benefits payments	10%

Allowable Deductions and Tax Credits: Work travel and business expenses are generally deductible.
Special Expatriate Tax Regime: Both resident and non-resident individuals are subject to tax on their Syrian-source salary and wages regardless of their residence status in Syria. Non-residents are subject to the same tax regime as residents.
There are bilateral non-double taxation agreements between Syria and different countries.

Double Taxation Treaties

Countries With Whom a Double Taxation Treaty Have Been Signed: See the list of the conventions signed by Syria
Withholding Taxes: Dividends: 0%; Interest: 7.5% (paid to a non-resident); Royalties: 5% + 2% withholding payroll tax.

Sources of Fiscal Information

Tax Authorities: General Authority for Taxes and Fees
Other Domestic Resources: IPR Country Guide on Syria

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