Market: +3.5 million inhabitants
Growth Projection by 2020: 2.6%
Main Characteristics:
Limits for Foreign Shareholders |
Main Tax Rates |
|
25% Standard |
|
7% Withholding on dividends paid to a non-resident unless a lower rate applies under a tax treaty. |
|
Retirement Contribution: 7.5% (employer) / 15% (employee)
FRL: 0.125% (employer) / 0.125% (employee) Health Insurance: 5% (employer) / 3% (employee) Additional SNIS: 1.5% - 5% (employee) |
|
22% |
|
Profits remitted from a branch to its central office are subject to the same regime as dividends. |
Growing Industries and Market Opportunities |
![]() Information and |
![]() Corporate |
![]() Agribusiness |