Libya Corporate Income Tax & Jihad Tax Calculator
Determine corporate income tax under Income Tax Law No. 7 of 2010: standard 20% corporate tax rate, 4% Jihad tax on corporate profits, and deductible expenditure rules.
🏢 بيانات الأرباح والإيرادات (Corporate Financials)
📊 الوعاء والضريبة المستحقة (Tax Assessment)
| الضريبة (Tax Item) | النسبة (Rate) | المبلغ (LYD د.ل) |
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❓ الأسئلة القانونية والضريبية الشائعة (FAQ)
What is the corporate income tax rate in Libya?
Under Article 73 of Libyan Income Tax Law No. 7 of 2010, the standard corporate income tax (CIT) rate is twenty percent (20%) on net taxable commercial and industrial profits.
What is the Jihad Tax (ضريبة الجهاد) on corporate profits in Libya?
Under Law No. 44 of 1970, corporations operating in Libya are subject to an additional four percent (4%) Jihad Tax assessed on net taxable profits, creating an aggregate effective corporate tax rate of twenty-four percent (24% = 20% CIT + 4% Jihad Tax).
How long can corporate operating tax losses be carried forward in Libya?
Under Article 18 of Law No. 7/2010, operating losses can be carried forward for up to five (5) consecutive fiscal years following the year of the loss, offset against future taxable business profits.
What are the stamp duty obligations on corporate commercial contracts in Libya?
Under Stamp Duty Law No. 61 of 1976 (as amended by Law No. 12/2004), commercial contracts and tender agreements executed in Libya are subject to a statutory stamp duty of one percent (1%) of the total contract value, plus 0.05% municipal surcharge.
When must corporate income tax returns be filed with the Libyan Tax Department?
Corporate annual tax declarations must be submitted within four (4) months following the close of the financial year (typically by April 30 for calendar year companies).
Engr. Muhammad Shahzad
Verified North Africa Statutory Systems SpecialistChartered Systems Engineer and Fiscal Modeler. Specializing in Libyan statutory labor jurisprudence under Labor Relations Law No. 12 of 2010, Social Security Fund (INAS / صندوق الضمان الاجتماعي) pension mechanics under Law No. 13 of 1980, Income Tax Law No. 7 of 2010 (CIT, PIT, and Jihad tax), Central Bank of Libya (CBL) FX and Letter of Credit regulations, and NOC petroleum EPSA royalty frameworks.