Information about Sierra Leone Minimum wage and taxes.

The minimum wage in Sierra Leone has been determined as 500,000 Sierra Leonean Leones (SLL) per month as of January 1, 2021. This wage represents the minimum salary of employees in the private sector. The tax system in Sierra Leone includes different types of taxes such as income tax, consumption tax and corporate tax. Income tax is applied at different rates in Sierra Leone depending on individuals' earnings. As of 2021, individuals whose annual income exceeds 2,000,000 SLL are taxed 10% of their earnings, while individuals whose annual income is 2,000,000 SLL and below pay no tax. Consumption tax is a tax levied on consumer goods and services. In Sierra Leone, the consumption tax rate is generally 15%. However, there are also higher tax rates for some special products. Corporate tax is a tax levied on the profits of companies. In Sierra Leone, the corporate tax rate is generally 30%. This information reflects tax and minimum wage regulations in effect as of 2021. Since tax rates and minimum wages may change from time to time, it is recommended that you confirm current information from relevant authorities or official sources.

What are the types of companies in Sierra Leone?

What are the documents required to establish a company in Sierra Leone?

Sierra Leone Economic information

How to get a Sierra Leone residence permit?

How to get a Sierra Leone work permit?

Information about Sierra Leone Minimum wage and taxes.

What are the most used websites in Sierra Leone?

Detailed information about Education in Sierra Leone.

Sierra Leone salaries by occupations

What is Sierra Leone's breakfast culture like?

What are the famous dishes of Sierra Leone?

What are Sierra Leone Drinks?

Best football players in Sierra Leone

Sierra Leone Football teams

Sierra Leone Artists

Largest companies in Sierra Leone

Sierra Leone Brands

Sierra Leone's most preferred car brand

Information about the Sierra Leone Healthcare system and insurance system.

Information about Sierra Leone Dances.

Information about Sierra Leone Festivals.

Information about Sierra Leone Marriage.

Information about Sierra Leone Women.

Information about Sierra Leone Men.

Detailed information about religious beliefs in Sierra Leone.

Who are the Statesmen of Sierra Leone?

What is Sierra Leone's form of government?

Sierra Leone Political parties

How did Sierra Leone Fashion develop?

Trading activities that can be done in Sierra Leone

Best universities in Sierra Leone

Best schools in Sierra Leone

What is Sierra Leone's legal system like?

The greatest events in the History of Sierra Leone

Most popular sports in Sierra Leone

Information about Sierra Leone Military strength and army structure.

Sierra Leone Export Products

Sierra Leone Imported Products

High technology products produced in Sierra Leone

Wars in which Sierra Leone participated

Sierra Leone's friend and foe countries