Corporation tax is payable in two equal installments; by the end of May and October.

Income tax is paid by the end of the month following the month of assessment.

Withholding taxes are paid by the 15th of the month following the month of withholding.

Interest on late payment is 4 for the first month and 3 % for taxes, 5% for social security and 1. 5% for provident fund, for every proceeding month that the payment is overdue.