Libya Corporate Income Tax
Detailed corporate income tax rates and rules for Libya in 2026.
Corporate TaxLYD
Corporate income tax is levied at 20%. Oil companies are subject to special petroleum tax regimes with rates up to 65%. A Jihad Tax of 4% of net income also applies to companies. Defense contribution of 0.5% applies to certain sectors.
Standard Rate
20%
How Libya Corporate Tax compares
Libya’s corporate tax rate of 20% is the 127th highest of 203 countries TaxAtlas tracks, below the global average of 22.2% and Africa’s regional average of 27.1%.
Libya
20%
Africa average
27.1%
Global average
22.2%
