Angola Corporate Tax Guide 2026

Overview — Corporate Tax in Angola

Corporate tax in Angola is governed by the Corporate Income Tax Code (Código do Imposto sobre o Rendimento de Pessoas Colectivas) and administered by the Administração Geral Tributária (AGT). A company is tax resident if it is incorporated under Angolan law or if its place of effective management is in Angola. Resident companies are taxed on worldwide income; non-resident companies with a permanent establishment are taxed on Angola-source income only. Companies must register for tax with AGT and obtain a Taxpayer Identification Number (NIF — Número de Identificação Fiscal). The tax year aligns with the calendar year. Annual returns are due by 31 May of the following year.

Standard Corporate Tax Rate — 25%

The standard CIT rate for resident companies in Angola is 25% of chargeable profits. Non-resident companies with a permanent establishment in Angola are also taxed at 25% on Angola-source income. Taxable profit is computed as gross revenue less allowable deductions including operating expenses, depreciation, interest costs (subject to thin capitalisation rules), and losses carried forward. Losses may be carried forward for up to 5 years. Capital gains on property are taxed at 25%.

Reduced Rate — Agriculture & Animal Husbandry — 10%

Companies engaged in agriculture, animal husbandry, forestry, and fishing benefit from a reduced CIT rate of 10%. This incentive is designed to promote primary production and food security. To qualify, the company must derive at least 50% of its gross income from qualifying agricultural or animal husbandry activities. Agricultural companies may also benefit from additional tax incentives including accelerated depreciation and exemptions from certain customs duties on imported agricultural equipment.

Oil Sector — 5.4% (Separate Regime)

Companies in the oil and gas sector are subject to a CIT rate of 5.4% under a separate fiscal regime governed by the Petroleum Activities Tax Law. This low rate reflects the additional taxes applicable to the sector, including petroleum production tax, surface area fees, and signature bonuses. The oil sector is subject to specific contractual arrangements under Production Sharing Agreements (PSAs) with the national concessionaire Sonangol. Additional profit shares and windfall taxes may apply based on production volumes and oil prices.

Branches of Foreign Companies

Foreign companies operating through a branch in Angola are taxed at 25% on Angola-source profits, the same rate as resident companies. Branch profits remitted to the head office are subject to a branch profit remittance tax of 10% (repatriation tax), bringing the combined effective rate to 32.5% for repatriated profits. Foreign companies may prefer to incorporate an Angolan subsidiary to access the standard dividend withholding tax regime.

Capital Allowances (Depreciation)

Angola allows tax depreciation on fixed assets at the following annual rates:

• Industrial buildings — 5% straight-line
• Plant & machinery — 10–20% declining balance
• Motor vehicles — 25% declining balance
• Computers & office equipment — 33% declining balance
• Agricultural assets — 20–40% depending on asset type

Goodwill and intangible assets are amortised over their useful life, typically 5–10 years.

FAQs

What is the penalty for late filing of corporate tax returns?

Late filing attracts a penalty of up to AOA 200,000 plus interest at the legal rate on any unpaid tax. Additional penalties may apply for failure to maintain proper records or for tax evasion.

Can foreign companies claim treaty relief?

Yes, Angola has a limited network of double tax treaties including with Portugal, South Africa, Italy, and others. Treaty relief may reduce withholding tax rates on dividends, interest, and royalties paid to non-residents.

Is there a minimum tax for loss-making companies?

Angola does not have a turnover-based minimum tax. Loss-making companies may carry forward losses for up to 5 years against future profits.

Disclaimer

This guide provides general information about Angolan corporate tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Angolan tax advisor or the Administração Geral Tributária for advice specific to your situation. InvestmentKit does not provide tax advice.