The Corporate Tax Rate in Libya stands at 20 percent. Corporate Tax Rate in Libya averaged 24.00 percent from 2007 until 2026, reaching an all time high of 40.00 percent in 2008 and a record low of 20.00 percent in 2011. source: Libyan Tax Authority

Corporate Tax Rate in Libya is expected to reach 20.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Corporate Tax Rate is projected to trend around 20.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 20.00 20.00 percent Dec 2026
Personal Income Tax Rate 10.00 10.00 percent Dec 2025
Social Security Rate 15.00 15.00 percent Dec 2025
Social Security Rate For Companies 10.50 10.50 percent Dec 2025
Social Security Rate For Employees 3.75 3.75 percent Dec 2025


Libya Corporate Tax Rate
In Libya, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Libya.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 40.00 20.00 2007 - 2026 percent Yearly