Papua New Guinea Corporate Income Tax
Detailed corporate income tax rates and rules for Papua New Guinea in 2026.
The standard corporate tax rate in Papua New Guinea is 30% for resident companies. Non-resident companies are taxed at 48% on PNG-sourced income. Companies engaged in mining and petroleum operations may be subject to additional profits tax regimes specific to those industries. A 2% additional profits tax applies to mining companies on income exceeding a specified threshold. PNG offers various tax incentives including a reduced rate for approved new industries, accelerated depreciation for certain assets, and tax holidays for investments in priority sectors such as agriculture, tourism, and manufacturing in designated regions.
Standard Rate
30%
How Papua New Guinea Corporate Tax compares
Papua New Guinea’s corporate tax rate of 30% is the 16th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and Oceania’s regional average of 16.8%.
