AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
Africa

Libya

Libya applies progressive personal income tax. Corporate tax is generally 20%. Oil sector has separate regime.

Personal income tax

5–10%
Top marginal rate / range

Corporate tax

20% (oil sector special)
Standard rate

VAT / Sales tax

No VAT
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • Oil sectorSeparate regime
This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Libya's official tax authority (linked above) or a qualified tax professional before making any decision.