Serbia’s National Assembly has approved the ratification of its income tax treaty with Angola, establishing withholding tax limits on dividends, interest, royalties, and technical service fees while providing measures to prevent double taxation and tax evasion.
Serbia’s National Assembly approved a bill ratifying the income tax treaty with Angola on 31 August 2026.
Signed on 9 June 2026, the agreement aims to establish a cooperative fiscal framework to prevent double taxation and tax evasion between the two nations.
The bilateral agreement covers corporate and personal income taxation in both countries, alongside Serbia’s property income tax and Angola’s investment income tax.
Dividends are taxed at 5% when the recipient owns at least 25% of the distributing company continuously for one full year, dropping to 15% for other recipients. Interest payments face a 10% withholding rate, with exemptions extended to government entities and state-controlled banks. Royalties and technical service fees are each capped at 10% withholding.
The treaty will enter into force following the exchange of ratification instruments and will apply from 1 January of the following year.
Earlier, Serbia’s National Assembly advanced legislation to ratify its income tax treaty with Angola.
