---
name: er-corporate-income-tax
description: "Source-cited draft: corporate income tax for Eritrea (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/er-corporate-income-tax"
  jurisdiction: "ER"
  tax_year: "2025"
  last_updated: "2026-07-13"
  review_status: "pending_review"
---

# Eritrea Corporate Income Tax

## Corporate income tax and withholding

Companies operating in Eritrea are taxed on business profits under the Income Tax Proclamation No. 24/2011. The headline rate is reported inconsistently across country guides (30% vs 33%), so the figure should be confirmed against the Proclamation. The mining/petroleum sector is taxed under separate legislation at higher rates.

- **Standard corporate income tax rate** — 30% percent (approx — confirm; some sources cite 33%)  _([Income Tax Proclamation No. 24/2011](https://taxratesbycountry.com/tax-rates-in-eritrea/))_
- **Alternative headline rate cited by some guides** — 33% percent (approx — confirm which rate is current)  _([Income Tax Proclamation No. 24/2011](https://taxatlas.io/country/eritrea))_
- **Mining / petroleum sector corporate rate** — Higher rate (commonly cited around 38%) under sector-specific mining law percent (approx — confirm rate and statute)  _(Mining Proclamation / Mining Income Tax Proclamation)_
- **Tax base** — Net business profit (taxable income after allowable deductions)  _(Income Tax Proclamation No. 24/2011)_
- **Withholding tax on dividends (to non-residents)** — 5% percent (approx — confirm)  _([Income Tax Proclamation No. 24/2011](https://rivermate.com/guides/eritrea/taxes))_
- **Withholding tax on interest (to non-residents)** — 10% percent (approx — confirm)  _([Income Tax Proclamation No. 24/2011](https://rivermate.com/guides/eritrea/taxes))_
- **Withholding tax on royalties (to non-residents)** — 10% percent (approx — confirm)  _([Income Tax Proclamation No. 24/2011](https://rivermate.com/guides/eritrea/taxes))_
- **Corporate return filing / payment** — Annual return filed after the close of the tax year, with tax payable on assessment (approx — confirm exact deadline)  _(Income Tax Proclamation No. 24/2011)_
- **Capital gains** — Gains generally taxed as business income; no separate general CGT regime widely documented (approx — confirm)  _(Income Tax Proclamation No. 24/2011)_

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---

## Talk to a verified accountant

This guide is maintained by the OpenAccountants network — accountants who put
their name behind the tax answers AI gives people. The live, always-current
version (and the professional behind it) is at
[openaccountants.com](https://www.openaccountants.com).

- Use it in your AI: https://www.openaccountants.com/connect
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> **General reference only.** This document does not constitute tax, legal, or
> financial advice. Verify figures against the cited primary sources or with a
> licensed professional before relying on them.

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `er-corporate-income-tax` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/er-corporate-income-tax. If neither is available, confirm every figure against the official source pages cited above before relying on it.