The Social Security Rate For Companies in Madagascar stands at 18 percent.

Social Security Rate For Companies in Madagascar is expected to reach 18.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Social Security Rate For Companies is projected to trend around 18.00 percent in 2021, according to our econometric models.

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Madagascar Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
18.00 18.00 18.00 18.00 2007 - 2019 percent Yearly

Madagascar Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 30.00 20.00 percent [+]
Personal Income Tax Rate 20.00 20.00 30.00 20.00 percent [+]
Sales Tax Rate 20.00 20.00 21.00 20.00 percent [+]
Social Security Rate 19.00 19.00 20.00 19.00 percent [+]
Social Security Rate For Companies 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate For Employees 1.00 1.00 2.00 1.00 percent [+]


Madagascar Social Security Rate For Companies
In Madagascar, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Madagascar because they help to pay for many social programs including welfare, health care and many other benefits.