The National Legislative Assembly on 9 January 2017, approved the Bill no 19818 to retain the registration flat tax on companies.
According to Bill, companies, as well as any branch of a company which are registered in the Register of Legal Entities of the National Registry but do not declare income tax returns will pay an amount equivalent to 15% of base salary. Taxpayers who have declared gross income in the tax period immediately, less than one hundred and twenty basic salaries, will pay an amount equivalent to twenty-five percent (25%) of a base salary. Companies will pay an amount equivalent to 30% whose gross income from the last year more than 120 basic salaries but less than 280 base salaries. And 50% of base salary is applicable for companies whose gross income from the previous year exceeds 280 salaries.
