On 17 December 2021, the Finance Ministry announced an overview of tax measures on the 2022 Budget. Some of the approved tax measures are given below:

  • The corporate income tax rate is reduced from 24% to 22% for legal entities and legal entities on a permanent basis.
  • The reduction of the advance tax payments from 100% to 80% for legal entities and legal entities from the tax year 2021 on a permanent basis.
  • The suspension of the special solidarity contribution for employment income in the private sector is extended to 2022.
  • The advance payment of income tax is permanently reduced from 100% to 55% for business activity for natural persons. This is provided from the 2020 tax year.
  • The extension of the validity of the reduced VAT rates on the tourist package, transport, coffee, non-alcoholic beverages and cinema tickets until June 2022.
  • The extension of the reduction of the VAT rate from 24% to 13% in gyms, swimming pools and dance schools that are not exempt from VAT, as well as the transfer of the VAT rate for animal feed to the reduced VAT rate of 6%, and in fact on a permanent basis.
  • The reduction of the mobile subscriber fee and the prepaid mobile fee to 10%, from 12% to 20% that was until 17 December 2021 depending on the amount of the monthly bill, and the abolition of the specific fees for young people up to 29 years old.