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Zimbabwe

Eastern Africa · ZW · 0 treaties

What is the tax system in Zimbabwe?

Zimbabwe operates a territorial tax system. The top personal income tax rate is 25%, and the corporate tax rate is also 25%.

Tax profile

Corporate income tax 25%
Withholding — dividends 20%
Withholding — interest 0%
Withholding — royalties 0%
VAT / GST (standard) 15%
Personal income (top rate) 25%
Capital gains 1%
Tax system Territorial
Residency threshold
Exit / departure tax No
CFC rules No
Transfer pricing Basic
Digital nomad visa No
Digital services tax none
Global minimum tax (Pillar 2) None

Common questions

What are the main tax rates in Zimbabwe?
The top personal income tax rate is 25%, corporate tax is 25%, and the standard VAT rate is 15%. Dividend withholding tax is 20%.
Does Zimbabwe have tax treaties?
Zimbabwe has 0 tax treaties.
Is capital gains tax applicable in Zimbabwe?
Yes, capital gains tax in Zimbabwe is 1%.

Tax residency

Easy to leave

What makes you a tax resident — and how hard it is to stop being one.

Taxation is based mainly on the source of income rather than residence, so once you stop meeting the 183‑day / ordinarily resident conditions, ongoing Zimbabwe tax exposure generally only applies to Zimbabwe‑source income, which makes ceasing tax residency relatively straightforward.

Source: Zimbabwe Revenue Authority (ZIMRA) via analysis of Zimbabwe tax law, as summarized by MawereSibanda Commercial Lawyers