Africa · Tax guide
Zimbabwe
Zimbabwe taxes company profits at 24.72%, including the AIDS levy, and charges VAT at 15.5% once supplies pass US$40,000. Tax is paid in quarterly instalments, and taxes are administered by the Zimbabwe Revenue Authority (ZIMRA).
At a glance
- Corporate income tax
- 24.72%
- VAT
- 15.5%
- VAT registration
- US$40,000
- Withholding on payments abroad
- 15%
Including the AIDS levy
Standard rate
Annual taxable supplies
Royalties and fees
Corporate income tax
Companies pay 24.72%, which includes the AIDS levy. Tax is paid on four quarterly payment dates (QPDs): 25 March, 25 June, 25 September and 20 December. The annual return is due by 30 April.
VAT and fiscal devices
VAT is 15.5%. Registration is required once annual taxable supplies exceed US$40,000. Returns are due by the 25th of the following month, and sales are recorded on ZIMRA's fiscalisation system. Electronic transfers also carry the intermediated money transfer tax (IMTT).
Payments abroad
Royalties and fees paid to non-residents carry 15% withholding, with a separate rate on dividends, unless a treaty lowers it.
Key dates
- 25 Mar, 25 Jun, 25 Sep, 20 DecQuarterly income tax payments
- By the 25th of each monthVAT return
- 30 AprilAnnual income tax return
Figures and sources
4 figures- Corporate income tax rate (24% plus 3% AIDS levy)24.72%Under professional review
- VAT rate15.5%Under professional review
- Annual taxable supplies above which VAT registration is requiredUS$40,000Under professional review
- Withholding on royalties and fees paid to non-residents (10% to 15% on dividends)15%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Zimbabwe based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Zimbabwe (a Zimbabwean tax practitioner) before making compliance decisions.