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Turkmenistan vs Angola
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇹🇲 Turkmenistan
vs
🇦🇴 Angola
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10%
10% flat; gas revenues fund state expenditure
No change
0–25%
25% top; diversification from oil driving non-oil tax expansion
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
14%
14% IVA stable
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
25%
25%; oil sector fiscal renegotiation
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
15%
15% maintained
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~11%
INSS reform continuing
No change
State, Regional & Local Taxes

🇹🇲 TurkmenistanVelayat & Etrap Administrations

Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.

🇦🇴 AngolaProvincial & Municipal Taxes

Angola's 18 provinces have provincial governments that collect local taxes including property rates, business activity fees, and vehicle taxes. The Agência Geral Tributária (AGT) administers all national taxes. Angola is sub-Saharan Africa's second-largest oil producer; petroleum revenues have historically dominated the budget. Significant reform has occurred since 2018 under President Lourenço — VAT was introduced in 2019, replacing the consumption tax, and income tax compliance has improved substantially. Diamond mining is the other major extractive sector.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Turkmenistan vs Angola: Key Tax Differences (2026)

💰 Income Tax: 🇦🇴 Angola has a higher top income tax rate (10% vs 0–25%). 🇹🇲 Turkmenistan is more favourable for high earners.

🛒 VAT/Sales Tax: Turkmenistan has a higher consumption tax (15% vs 14%).

🏢 Corporate Tax: 🇹🇲 Turkmenistan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 15%), benefiting investors.

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