Sierra Leone Tax Rates
Sierra Leone operates a progressive personal income tax system with rates up to 30%. The National Revenue Authority (NRA) administers the system, featuring a 30% corporate tax rate and 15% GST. Sierra Leone's economy is driven by mining (diamonds, iron ore), agriculture, and fisheries.
Top Income Tax Rate
30%
Corporate Tax Rate
30%
VAT / Sales Tax
15%
Capital Gains Tax
25%
Detailed Tax Information
Income Tax Brackets
Sierra Leone levies progressive income tax with rates from 0% to 30%. The first SLL 6 million (old Leones) is tax-free. Employment income is subject to PAYE withholding.
| Income Range | Tax Rate |
|---|---|
| Le 0 – Le 6.0M | 0% |
| Le 6.0M – Le 12.0M | 15% |
| Le 12.0M – Le 18.0M | 20% |
| Le 18.0M – Le 24.0M | 25% |
| Le 24.0M+ | 30% |
Corporate Tax
The standard corporate tax rate is 30%. Mining companies may be subject to different rates under mining agreements. Small businesses may qualify for simplified tax regimes.
Standard Rate
30%
Capital Gains Tax
Capital gains are generally taxed at 25%. The gain is calculated as the difference between the disposal price and the acquisition cost.
Rate
25%
VAT / Sales Tax
Goods and Services Tax (GST) is levied at 15% on taxable supplies. Essential goods and services are exempt. Exports are zero-rated.
Standard Rate
15%
Cryptocurrency Tax
Sierra Leone does not have specific cryptocurrency tax legislation. General tax principles would apply.
Tax Treaties
Sierra Leone has approximately 3 double taxation agreements.
Treaty Network
3
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Sierra Leone
See how much you could save by moving here from your current country.
+$19K
Tax in United States
$24K
24.4% effective
Tax in Sierra Leone
$5K
5% effective
You Save
79.5%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
