The Social Security Rate For Companies in Republic of the Congo stands at 20.29 percent. source: Ministry of Labor, Employment, and Social Security

Social Security Rate For Companies in Republic of the Congo averaged 21.14 percent from 2004 until 2019, reaching an all time high of 22.79 percent in 2011 and a record low of 17.89 percent in 2004. This page provides - Republic Of The Congo Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic Of The Congo Social Security Rate For Companies - values, historical data and charts - was last updated on July of 2021.

Social Security Rate For Companies in Republic of the Congo is expected to reach 20.29 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Republic Of The Congo Social Security Rate For Companies is projected to trend around 20.29 percent in 2021, according to our econometric models.

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Republic Of The Congo Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
20.29 20.29 22.79 17.89 2004 - 2020 percent Yearly

Republic of the Congo Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 30.00 38.00 28.00 percent [+]
Personal Income Tax Rate 40.00 40.00 50.00 40.00 percent [+]
Sales Tax Rate 18.90 18.90 18.90 18.00 percent [+]
Social Security Rate 24.29 24.29 26.79 21.89 percent [+]
Social Security Rate For Companies 20.29 20.29 22.79 17.89 percent [+]
Social Security Rate For Employees 4.00 4.00 4.00 2.40 percent [+]


Republic Of The Congo Social Security Rate For Companies
In Republic Of The Congo, 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 Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits.