East & Southern Africa
Somalia: tax at a glance
A nominal tax code with very limited administration outside Mogadishu, where the US dollar circulates widely. Any published rate should be treated as indicative only.
Worldwide (residence-based)
Last verified July 2026Some figures indicative
The taxes
- Personal income (top)
- None
- Corporate income
- None
- Capital gains
- Not administered in practice.
- VAT / Sales tax
- 5%
- Dividends (WHT)
- None
- Interest (WHT)
- None
- Royalties (WHT)
- None
- Social security (employee)
- None
- Social security (employer)
- None
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Property tax is collected in some municipalities.
- Other
- Revenue is largely collected through customs at Mogadishu port and airport. Federal and state fiscal authority is contested.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.
Sources (1)
Frequently asked
What is the income tax rate in Somalia?
The top marginal personal income tax rate in Somalia is None. There is no functioning general personal income tax administration nationally.
What is the corporate tax rate in Somalia?
The headline corporate income tax rate is None.
Does Somalia tax capital gains?
Capital gains for individuals: Not administered in practice..