Lesotho, Jan. 21 -- Lesotho offers attractive opportunities for local and foreign businesses. The country provides a friendly business environment supported by political and economic stability. Lesotho operates a free market system, which strengthens investor confidence and supports sustainable business growth.
One of the major advantages of doing business in Lesotho is its competitive tax incentives. Companies benefit from a 10% corporate tax rate, making the country appealing to investors seeking cost-effective operations.
Taxes
Employer Tax: 6%
Employee Tax: 22%
Withholding Rates:
Resident contractors: 5%
Non-resident contractors: 10%
Service income from South Africa (RSA): 7.5%
Income Tax:
20% on annual earnings below M75,000
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