🇱🇾 Libya

Africa
0 residency programs
Territorial taxation
Murzuq‎, Libya

Countries / Libya

Known for

Fact Sheet

Continent

Africa

Demonym

Libyan

Calling code

+218

Driving side

Right
Population
6,678,567
Human development index
0.71
Life expectancy
72 years
Unemployment rate
19%
Inflation rate
29.9%
Fertility rate
2.5

Taxation overview

Tax system

Territorial taxation

Countries with a territorial taxation system only levy income tax from local income. Foreign income usually won't be taxed by that country.

Tax Treaties (3)

Libya has concluded 3 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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