Apply For Tax Incentives

RKO incentives (Small Business Scheme)

A tax incentive allowing small businesses to qualify for a simplified tax/tax-relief regime
Verify your business numbers to confirm qualification for RKO (30,000 XCG maximum)

Agency

Tax Authority

Duration (in Business Days)

1

Required Documents

CRIB number
Chamber of commerce business details
Valid ID
Income information

Laws & Regulations

Article 6, paragraph 1,
sub f of the National Ordinance on
Sales Tax 1999 (P.B. 1999, no. 205)

Fill out application form for Small Business Scheme

Agency

Tax Authority

Duration (in Business Days)

5

Required Documents

CRIB number
Chamber of commerce business details
Valid ID
Income information

Laws & Regulations

Article 6, paragraph 1,
sub f of the National Ordinance on
Sales Tax 1999 (P.B. 1999, no. 205)

Complete annual revenue declaration to confirm eligibility prior to 15th of January

Agency

Tax Authority

How to?

File your tax return via the online portal

Duration (in Business Days)

1

Laws & Regulations

Article 6, paragraph 1,
sub f of the National Ordinance on
Sales Tax 1999 (P.B. 1999, no. 205)

Investment deduction (value added)

A tax incentive that allows capital investments to be deducted from taxable profits
Check if business assets qualify and exceed threshold (5000 XCG) and criteria

Agency

Tax Authority

Laws & Regulations

National Ordinance on Profit Tax 1940

Collect documentation (contract, proof of payment) to proof investment purpose and execution

Agency

Tax Authority

Request investment deduction

Agency

Tax Authority

Required Documents

Duration (in Business Days)

5

Submit supporting documentation

Agency

Tax Authority

Duration (in Business Days)

1

Upon approval, note down order number

Agency

Tax Authority

How to?

File your tax return via the online portal

Fill in order number to calculate deduction for sales tax returns

Agency

Tax Authority

How to?

Copy and paste order number

File the annual profit tax return and apply deduction

Agency

Tax Authority

Duration (in Business Days)

1

Keep up-to-date financial records for up to 5 years

Agency

Tax Authority

Participation excemption

Claim an exemption on dividends and capital gains from qualifying shareholdings
Owner acquires ownership or invests in company

Agency

Tax Authority

Required Documents

– proof of ≥5% ownership
(e.g. share certificates)
– Proof of active business
(brief activity summary
or financials) and investment equal to 50,000 XCG

Receive and record dividend as participation income

Agency

Tax Authority

Report participation/dividend in the income tax return

Agency

Tax Authority

How to?

File your tax return via the online portal

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