Value added tax (VAT)
Basic VAT rate: 20 percent
Reduced VAT rate on books and medicines: 10 percent
Income taxes
Flat income tax rate for individuals as well as corporate entities: 19 percent
Value added tax (VAT)Basic VAT rate: 20 percentReduced VAT rate on books and medicines: 10 percent
Value added tax (VAT)
Basic VAT rate: 20 percent
Reduced VAT rate on books and medicines: 10 percent
Income taxes
Flat income tax rate for individuals as well as corporate entities: 19 percent