Angola taxes residents on worldwide income and non-residents on Angola-source income only. Angola operates a self-assessment system for corporate tax. Angola has recently introduced new oil block incentives and a unified Personal Income Tax Code - real, current developments confirmed as of mid-2026.
Angola's tax year is the calendar year.
The standard corporate tax rate is 25%. Oil companies are subject to a separate Petroleum Activities Tax at 50%. Companies in Special Economic Zones benefit from reduced rates, and strategic foreign investment projects may qualify for a 20% reduction in the corporate rate for two years under the Private Investment Law. Non-resident shipping and airline operators are exempt from corporate income tax. Note: an older source (taxrates.cc) cites a 35% standard rate with different sector rates (20% agriculture/forestry, 30% urban property rent, 40% mining) - this appears to reflect an earlier version of Angola's tax code; three independent, more current sources agree on 25% as the present standard rate.
Angola levies progressive personal income tax from 5% to 25%. The monthly tax-free threshold was raised to AOA 150,000 effective 1 January 2026 under the 2026 State Budget. Capital gains on real estate and shares are taxed separately at 15%. A property transfer tax (SISA) of 2% applies. Repatriation of profits by a non-resident company's permanent establishment is subject to investment income tax at 10%.
Angola introduced VAT in October 2019 (replacing the prior consumption tax), levied at a standard rate of 14%, with reduced rates of 7% and 5% for essential items. Exports are zero-rated.
An individual is an Angolan tax resident if they maintain a habitual residence in Angola on December 31 of each fiscal year, or spend more than 90 days (consecutive or not) in Angola in that fiscal year, among other conditions - notably a lower day-count threshold than the 183-day standard common elsewhere. There is no de minimis exception allowing brief re-entries to avoid triggering residency. A corporate entity with tax residency or place of effective management in Angola is taxed on worldwide income; PEs are taxed only on attributable Angola profits.
A non-Angolan entity has an Angola permanent establishment through a fixed place of business or a dependent agent habitually concluding contracts in Angola on the entity's behalf, following the OECD Model Treaty definition as applied under Angolan domestic law and any applicable tax treaty.
Angola has no CFC rules.
Angola has no fixed debt-to-equity ratio; instead, interest on shareholder loans is deductible only up to the limit implied by the annual average interest rate set by the National Bank of Angola (the central bank).
Angola does not use an elective check-the-box classification system; entity classification generally follows the entity's actual legal characteristics. Angola does not have a comprehensive ATAD2-style anti-hybrid regime.
No foreign bank account or foreign financial asset reporting regime exists requiring residents to separately disclose foreign accounts; foreign income is reported through the standard annual tax return.
Angola does not provide a broad participation exemption for foreign dividends in the European sense; relief from double taxation is available primarily through Angola's foreign tax credit system.
Angola has a foreign tax credit mechanism for foreign tax paid on foreign-source income also taxed in Angola, capped at the Angolan tax otherwise due on that income.
Angola has double tax treaties in force with Portugal, the UAE, and China. Treaties signed with Cabo Verde, Mauritius, Rwanda, and Switzerland have not yet entered into force.