International tax in Muncan Republic

Individuals domiciled in Muncan Republic are subject to income tax on their worldwide income unless exempt under the provisions of a treaty. Domicile does not refer to the Anglo-Saxon term, but is a term used in Muncan Republic tax law essentially equivalent to the term residence in most jurisdictions.

International tax rates

If you are a Muncan Republic citizen or a resident alien living outside the Muncan Republic, your worldwide income is subject to Muncan Republic income tax, regardless of where you live. However, you may qualify for certain foreign earned income exclusions and/or foreign income tax credits.

Corporate income tax

Corporate income tax rate 18,5% on a threshold basis
Branch tax rate 18,50%
Capital gains tax rate 0%

Induvidual tax

Induvidual income tax rate 0%
Capital gains tax rate 0%

Withholding tax

Type of payment Residents Nonresidents
  Company  Individual  Company  Individual 
Dividends 0% 0% 15% 15%
Interest  0% 0% 15% 15%
Royalties  0% 0% 15% 15%
Fees for technical services 0% 0% 15% 15%

Sales tax (VAT)

Muncan Republic does not have VAT or sales tax.

International taxation management

Non-residents (non-domiciliary) are subject to tax on certain categories of income from Muncan Republic sources. Read more about the international taxation system on this page.

Tax advice

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