Libya Corporate Tax Calculator 2026
CIT 20% + Jihad 2% = 22% effective.
Libya Corporate Tax
Libya imposes corporate income tax at 20% of taxable profits plus a Jihad tax of 2%, for a combined effective rate of 22%. Oil and gas companies are subject to a separate regime under production-sharing agreements. Companies must file annual returns by 30 April.
2026 Rates: CIT 20%, Jihad 2%, Total 22%.
Libya Corporate Tax Calculator 2026
CIT 20% + Jihad 2% = 22% effective.
Libya CIT: 20% standard + 2% Jihad = 22% effective.
Taxable ProfitLYDÂ 500,000.00
CIT (20%)LYDÂ 100,000.00
Jihad Tax (2%)LYDÂ 10,000.00
Total Tax (22%)LYDÂ 110,000.00
Profit After TaxLYDÂ 390,000.00