Mozambique

Corporate - Branch income

Last reviewed - 16 December 2019

From a tax perspective, branches are liable for Mozambican CIT as a PE; consequently, branches are subject to CIT on the income earned in Mozambique, being subject to tax at a rate of 32%. However, on the grounds that branches do not distribute dividends, the 20% WHT does not apply to the after-tax profits arising in Mozambique.