Great Socialist People’s Libyan Arab Jamahiriya

General People’s Congress.

Law No. (12) of 1372 P.D (2004) regarding Stamp Tax.

The General People’s Congress ,,,

In compliance with the decisions of the Basic People’s Congresses in their general
annual session for 1370 P.D (2002), and

After perusal of the declaration for establishing People’s Authority,

The Grand Green Charter for Human Rights in the Era of Masses,

Law No. (20) of 1991 for enhancing freedom,

Law No. (1) of 1369 P.D (2001) regarding People’s Congresses and Committees,

Law No. (21) pf 1954 regarding immunities and privileges,

Stamp Tax Law issued by Law No. (65) of 1973, and its amendments, and

Law No. (2) of 1371 P.D (2003) regarding judicial fees.

Does hereby formulate the following Law:

Chapter One

General Provisions

Article (1)
The stamp tax/duty is fixed or relative, and shall be imposed on the papers,
documents, publications, advertisements, registers and other writs, as well as acts,
transactions, and facts under the provisions of this Law, in the manner and the
rates/prices indicated in the annexed table.

Article (2)
In observance of the cases specified for otherwise, the tax shall be due on making the
write of concluding the act or transactions or occurrence of the taxable facts/situation.
If the write or act arises or concluded abroad, the tax shall be due thereon when used
or implemented in the Great Socialist People’s Libyan Arab Jamahiriya.

1
The tax shall be due in case of verbal contract on adherence thereto before the
litigation/judicial bodies and proving its existence, and the person adhering to the
contract shall bear the tax.

Article (3)
In applying the provision of this Law, the use of the write or other taxable documents
means submission thereof to the litigation bodies or competent authorities or delivery
thereof to the person in whose favour it was made or submitting to collection or
acceptance, guarantee, authorization or dealing therewith in any way or performing
any procedure or act as would mean or intended for producing any legal effect
thereof.

Article (4)
If one paper includes more than one writ, act or transaction, the tax shall be due on
each of them. If, however, the writs, acts or transactions are connected with each other
in an indivisible manner, they shall be considered as one writ, act or transaction, and
the tax shall be due on thereon as the highest value rate.

In the cases where the writ tax is imposed on the paper, the paper shall be considered
as two pages.

Article (5)
The purpose for contract shall, in applying the provisions of this Law, be considered
as the original contract, and the tax due on the said contract is concluded after wards,
the tax on writs shall be only due thereon.

Article (6)
If the writs, acts otherwise is taxable for more than quality, description, the tax shall
be due thereon in the description taxable at highest rate.

However, with respect to acts not explicitly mentioned in the annexed table to this
Law, the tax specified for similar acts thereto in nature and effects shall applicable to
them.

Article (7)
If the writ is made in several copies or photocopies signed, the tax on writs due on the
original shall be due on each copy or photocopy, as well as on the photographed
copies, is used.

2
Nevertheless, the tax shall not be due on the photocopies of the commercial papers or
copies thereof, if submitted accompanying the original on which tax is paid, nor on
the photocopies of the writ or the copy submitted to the competent bodies, if
accompanying the original on the tax is paid. The photocopy of the writ kep with the
Tax Department shall be exempted from the tax on submission thereof for payment of
the tax on the act or otherwise contained in the writ.

Chapter Two
Payment of Tax

Article (8)
The tax shall be paid in any of the following ways:

1: By writing on the stamped papers prepared by the Department.

2: By fixing stamps on the writs or putting a special stamp/seal thereon or stamping
them by the Department or by its consent.
3: By delivery of the Tax in cash to the Department.
4: In any other way indicated in the executive regulation.

Tax payment shall be void, if done in contravention to the provisions of this Law or
the provisions specified in the executive regulation are not observed, all without
prejudice to other penalties.

Article (9)
The executive regulation shall indicate the forms and categories of duty stamps and
papers, and method of use and cancellation thereof, and the rules for selling these
papers and stamps and the commission for the licensees for sale thereof.

Article (10)
In specifying the value of the relative tax, any amount less than Five hundred Dirhams
shall be increased to Five hundred Dirhams, and any amount in excess thereof but less
than one thousand Dirhams (One Libyan Dinar).

Article (11)
The writs, acts or otherwise on which tax is paid in cash, or by a certified cheque shall
be submitted to the Department before using them, within a maximum of sixty days
from the date of tax dueness.

If, however, the tax is due on an act done abroad under a writ in kind based on a
property/real estate in the Great Socialist People’s Libyan Arab Jamahiriya, it shall be
submitted to the Department within one year from the date of conclusion thereof.

3
Article (12)
In observance of the provisions of the preceding Article, the tax shall be due on the
writs, acts and otherwise extended or renewed automatically on the occasion of
extension or renewal thereof, to be submitted to the Department within sixty days
from the date of extension or renewal.

In calculating the tax, the extension or renewal shall be considered as done for one
full year, if it does not definite period or its period is less than one year.

Article (13)
The writs, acts, etc. subjected to relative tax shall contain all necessity elements for
calculation of the tax, especially the value of the transactions included therein. If they
do include such elements fully, an additional declaration shall be submitted in respect
thereof.

The tax shall be paid in all cases on submission of the writ. However, the Department
may for reasons considered thereby postpone payment for a period not exceeding
fifteen days.

Article (14)
The writs, acts, etc subjected to relative tax, whose value is impossible to specify on
tax dueness shall pay taxes on the basis of estimated value approved by the
Department temporarily until ascertaining their actual value.

The person concerned shall pay the tax difference, if any, within thirty days from the
date of ascertaining the actual value.

Article (15)
The Department may estimate the value of the writ, act, etc. if omitted by the person
concerned or did not submit an additional declaration thereof.

The Department may also estimate the value if the contents of the writ, act, etc. or the
declaration of the person concerned is less than the level of the prevailing rates/prices
at the time of making the writ or concluding the deal.

Article (16)
In case of delay in payment of the tax beyond the specified date, a fine of (2%) (Two
percent) of the value of the due tax shall be imposed on each delay of six months or a
part of the month not less than fifteen days, at maximum of (50%) (fifty percent) of
the tax value, which shall be collected simultaneously with the tax.

4
Article (17)
In applying the provisions of this Law, person shall be considered as properly notified
by any paper, if he or his legal representative signs for receipt thereof, or sent to him
by registered letter with acknowledged receipt or delivered to his agent or any
employee thereof.

If the notificant official does not find any one of these in the place of activity of the
person or the person found from them refuses to receive the paper or being
disqualified, this shall be proved by testimony of another person, and to deliver a copy
thereof to the Police station, and to address a letter by registered mail to the notified
person, informing him accordingly.

If the notified person does not have a known domicile, the paper shall be published on
the notice board in the People’s Committee for the Basic People’s Congress in whose
area the notified person lives, for a period of eight days. The publication shall be
proved, in such case, by certificate to be issued by the People’s Committee for the
Basic People’s Congress accordingly.

Article (18)
The persons concerned may complain against the decisions of the Department within
forty five days from the date of notifying them of such decisions.

The complaint shall not be accepted, unless a fee of (10%) (ten percent) of the
disputed tax is paid, to be not less than LD 10 (Ten Libyan Dinars).

The provisions of Income Tax Law shall be applicable to settlement of compliant,

compromise and appeal.

Article (19)
The tax burden shall be as indicated in the table appended to this Law, and any
agreement otherwise shall be null and void.

All parties in the writ, act, etc. as subjected to tax shall be jointly responsible for
payment of the tax and any other due amounts under the provisions of this Law.

Article (20)
The tax shall be due on writ, act, etc. as per its nature, irrespective of its correctness or
usefulness. The tax shall not be reimbursed for any reasons whatsoever, as would
make it ineffective or unuseful.

5
Chapter Three
Exemption from Tax

Article (21)
Without prejudice to the tax exemption specified in the special law, the following
writs and acts shall be exempted from tax:

1: The writs and acts between public bodies, as well as the writs and acts, etc.
originated, concluded or used by these bodies in their dealings with others to the
extent borne thereby from them.
The Public bodies mean, in applying the provisions of this Article, the bodies
financed wholly from the general budget.

2: The writs and acts, etc. originated, concluded or used by the syndicates, private
bodies of public interest and societies recognized by the State, based on vocational,
social, cultural, charity or sport purposes, in the cases where the tax is shouldered
by them or to the extent borne thereby from them.

3: The writs and acts, etc. , originated, concluded or use by the foreign Diplomatic and
consular Corps, within their sphere of competence, in the place of their work in the
Great Socialis people’s Libyan Arab Jamahiriya, on condition of similar treatment.
The said bodies may be exempted from the tax due on them in other cases, if the
rules for international comity of nations would require, on condition of similar
treatment.

4: The writs and acts, etc. , originated, concluded or use by the international bodies
indicated in the Immunities and Privileges Law No. (21) of 1954.

5: The writs related to performance of Pilgrimage rituals.

6: The writs related to study in the various educational institutions.

7: The writs originated, concluded or use by those receiving basic incomes.

8: The writs submitted by the work searches.

Article (22)
The provision of this Law shall not be applicable to the writs, acts and dealings
governed by the Judicial Fees Law.

6
Chapter Four
Penalties

Article (23)
Anyone responsible for delivery of the tax to the Department after payment thereof by
the persons concerned, and delays in delivery thereof in due course for any reason
whatsoever, shall be published by a fine not less than LD 500 (Five hundred Libyan
Dinars) or not exceeding three time the undelivered amount of the tax, whichever the
larger. Anyone delivering the tax before being convicted shall be exempted from the
penalty.

Article (24)
Anyone refusing to allow the officials of the Department to see the registers, papers
and documents indicated in Article (36) of this Law shall be punished by a fine not
more than LD 50 (fifty Libyan Dinars), as well as a threatening fine to be specified by
the verdict for each day of delay, not less than LD 5 (Five Libyan Dinars).

This threatening penalty shall be applicable from the date in which unenforcement of
the verdict is proved after being notified legally, and its effectiveness shall only cease
f4rom the date on which it proved that the Department could see the registers, papers
and documents.

It may be exempted from payment of the threatening fine, if the person concerned
implemented the provisions of the verdict.

Article (25)
Anyone damages the registers, papers and documents to be kept thereby under the
provision of Article (38) hereof shall be punished by a fine not less than 100 (one
hundred Libyan Dinars) and not more than LD 500 (Five hundre Libyan Dinars).

Anyone delaying in keeping the registers or submission of the aforesaid papers shall
be punished by the same penalty.

Article (26)
Anyone selling or offering for sale duty stamps or papers at a price more than the
prescribed price thereof shall be punished by a fine not less than LD 100 (Onw hundre
Libyan Dinars).

Also anyone selling a duty stamps of papers without license, and anyone using, selling
or offering for sale duty stamps previously use, despite knowing that, shall be
punished by the same penalty.

7
Article (27)
Without prejudice to any stricter penalty specified by the Penal any other Law, there
shall be punished by a fine not less than LD 500 (Five hundred Libyan Dinars) and
not more than LD 1000 (One thousand Libyan Dinars) anyone making, distributing or
offering for sale publications or forms made in a way similar in apparent shape to the
duty stamps and marks, to be easily accepted instead of the genuine papers, marks and
forms.

Article (28)
Without prejudice to any stricter penalty, the committant to any other contravention to
the provisions of this Law shall be punished by a fine not less than LD 100 and not
more than LD 500.

Article (29)
There shall be exempted from the penalty anyone informing the Department of
occurrence of contravention to the provisions of this Law, within thirty days from the
date of its occurrence.

Article (30)
The criminal case shall be raised upon request of the director of the Department, who
may compromise with the contravener in other cases that those specified in Article
(25, 26, 27) of this Law, if the contravener pays the due tax and compensates not less
than half the tax and not more than double thereof. If the compromise is reached
before raising the Criminal Case, the compensation shall be reduced to half the
minimum.

Article (31)
The judgment/verdict for penalties specified in this Law shall not release from
payment of the due tax fully.

Chapter Five
Final Provisions

Article (32)
The Judges, Court Clerks, Summoners, Notaries Public and other employees or
persons designated for public service shall not issue verdicts or decisions nor put their
signatures or attest signatures or perform any procedure or act falling within the
competence, unless the tax due on the documents submitted to them has been actually
paid, and shall arrest and refer to the Department any document or other things falling
under their hands by virtue of their work, if the tax has not been paid thereon.

8
The judges may in the urgent cases or feared for tax evasion order for taking
temporary procedures to ensure tax collection.

Article (33)
No official procedure or act performed in contravention to the provisions of the
preceding Article shall be considered, unless tax and fines due under this Law are
paid. The Courts shall specify that by themselves.

The provision of the preceding Article shall not be applicable to Criminal Cases.

Article (34)
It is prohibited for any person to deal with or perform any procedure for writs or acts
or others, unless due tax thereon is paid.

Article (35)
The notaries Public, and others who perform documents shall collect from the persons
concerned the tax due on the writs, acts, etc. as done before them, and to deliver it to
the Department under the terms and conditions specified by the executive regualtion.

Article (36)
It is not allowed for any individual or public or private body to prevent the designated
officials of the Department from seeing the registers, papers and documents available
thereto for ascertaining implementation of the provisions of this Law.

Article (37)
Any person concerned by virtue of his post, work or function with tax assessment or
collection or the relevant disputes shall keep the secrets of the job. This obligation
shall remain standing even after leaving service.

Article (38)
The executive regulation shall specify the registers to be kept by the public and
private bodies and individuals to whom the provisions of this Law are applicable, and
the papers to be provided by them.

Article (39)
The Tax and all other amounts due for the State under the provisions of this Law shall
have privilege over all funds of the debtor thereto or those obligated to deliver it, and
comes in rank after alimony debt and judicial costs.

Article (40)
The right of the State to claim for the due tax under the provisions of this Law shall
not be forfeited by the elapse of the period.

9
Article (41)
The right to recovery of the amounts paid unduly shall lapse by the elapse of three
years of the date of payment thereof, unless the right to claim for recovery appears
after procedures taken by the Department, then prescription shall start from the date of
notifying the person concerned of his right to reimburesement. The prescritption shall
cease by the request sent by the person concerned to the Department by registered
letter for reimburesement of the amount unduly paid thereby.

The claim for recovery of the value of the stamps or duty stamped paper used or
written thereon shall not be accepted for any reason whatsoever.

Article (42)
The Department shall not be obligated to pay interested on the collected amounts
under the provisions of this Law, as specified to be reimbursed to the person
concerned.

Article (43)
The officials of the Department specified by decision of the Secretary shall have the
capacity of the Law Enforcement Officers with respect to the contraventions provided
for in this Law.

Article (44)
The Secretary may, upon submission of the Secretary of the Department, exempted
the taxpayer from the penalty for delay wholly or partly as specified in Article (16) of
this Law under the rules specified in the executive regulation.

Article (45)
The Secretary of the Department may designate/authorize other employees of the
Department for performing some of his functions/powers specified under the
provisions of this Law.

Article (46)
In applying the provisions of this Law, the Secretary means the Secretary of General
People’s Committee for Finance, and the Secretary of the Departments means the
Secretary of People’s Committee for Tax Department, and the Department means the
Tax Department.

Article (47)
The writs, acts and facts existent at the time of applying this Law, which were
subjected to tax, but unpaid thereon under the provisionss applicable before its
effctivness shall be taxable under the provisions of this Law, and shall be exempted
from the specified penalties, if tax thereon is paid within sixty days from the date of
effectiveness of this Law.

10
Article (48)
The executive regulation for this Law shall be issued by decision of the General
People’s Committee upon proposal of the Secretary of General People’s Committee
for Finance. Until issue of this regulation, the regulations and decisions applicable in
the field of stamp tax at the time of effectiveness of this Law shall continue to apply,
in so far as nor contravening its provisions.

Article (49)
The Stamp Tax Law issued by Law No. (65) of 1973 shall be repealed, as well as any
provision contravening the provisions of this Law.

Article (50)
This Law shall come into force from the date of its issue, and shall be published in the
Legislations Encyclopedia.

The General People’s Congress.

Issued on Sirte.
On 6 March 2004.

11
12
 Stamp Tax Schedule Appended to Law No. 12 of 1372 P.D (2004).

1. Stamp Tax on Documents/Writs

Item Taxable document Tax Rate Tax Burden Exemptions Special provisions
1 a)-Applications and declaration As per the relevant 1- complaints and protests submitted
submitted to the Tax Department Executive Regulation to the General People’s Committee
for People’s Control Board.
b)- Applications, petitions, and (250) (Two hundred Applicant 2- Applications for social aid and
complaints submitted to other fifty Dirhams) assistance.
authorities whether public or private.
3- Applications for registrations in
Labour Office.
4- Applications, declarations and
data submitted by employees in
connection with their job affairs.
5- Complaints and data submitted to
the Tax Department in
implementation of tax legislations.
2 a)- Certificates and reports pertinent LD 100.- per Company or 1- License including any
to auditing of accounts or companies document General permit or authorization
that are prepared for submission to Assembly required for carrying on
General Assemblies, Control any activity, job or
Committees or bodies in lieu thereof. possessing something.
b)- Copies of documents referred to 1000 Dirhams Document 2-Tax payable annually or
in above paragraph. receipt when assigned to others.

1
The following licenses for:
a)- Insurance, Banks, and other LD 500.- License
financial institutions.
b)- Recreation and entertainment LD 100.- License
business.
c)- Licenses issued under the Law LD 100.- License
No. (5/65) concerning industrial
organization, commercial shipping,
trading agencies, sea and air travel
agencies, customs clearance
agencies, warehouses, refrigeration
facilities, resorts, public spaces.
Medical treatment facilities and
pharmacies.
d)- Tuna fishing license LD 20.- License
e)- Fishing license LD 100.- License
f)- Self-employment and para LD 20.- License
medical services
g)- Private schools and vocational LD 100.- License
training facilities.
h)- Private hospitals and clinics. LD 100.- License
i)- Car driving learning schools LD 50.- License
J)- Any other license issued by LD 10.- License
Public authorities.

2
4- The following books and registers:
a)- Business/Commercial books. 250 Dirhams per sheet Book Tax should be paid before
keeper any entries are made on
books or registers.
b)- Register for recording hotel 500 Dirhams per sheet Book
clients and the like and registers keeper
which notaries public should keep.
c)- Any other book or register 250 Dirhams per sheet Book
required under the laws and keeper
regulations
5 All kinds of cheques 10 Dirhams Withdrawer

6 All kinds of contract whether formal (250) Dirhams per Contracting Each contracting party pays
or common. sheet parties the tax applicable to the
copies he holds.
7 Will, amendments and revocation 250 Dirhams Testator
8 Bills of exchange, promissory notes (0.02) (Two per Withdrawer Tax payable on bills of
or to bearer regardless of duration. thousand) of the value exchange, promissory notes
of the bill or note or to bearer executed
already to be reduced to
half if the applicable is paid
in the respective country.
9 Securities including shares and the (0.05%) (Five per Bearer of Tax is payable in advance
like, and bonds issued by licensed thousand) of the security on 1st of January every year
companies and institutions nominal value
annually.

3
10 Air and sea tickets valid for transpire 1000 Dirhams Ticket
inside or outside the Great holder
Jamahiriya.

11 Bills of lading whether goods are 250 Dirhams per Consignee

transported by air, sea or road. document

12 Merchandise shipping documents as

follows;
a- Manifest One Dinar per Carrier
document
b- Inspections report. One Dinar per sheet Beneficiary
c- Damage declaration One Dinar per sheet Beneficiary
d- permit for sailing in and out of One Dinar per Vessel Supplier
port document

13 Documents of deposit in public

depots and mortgage papers

14 Receipts, acquittances, and invoices 1- internal receipts exchanged This tax does not apply to
endorsed as paid and originate in the among employees of one firm or documents originating
Great Jamahiriya. provision provided they are meant abroad when used in the
for organizing internal work. Great Jamahiriya.
However, tax become payable
when such receipts are used.

4
 2- Receipts given for deposits made in
banks for crediting to the depositor’s
account. Also receipts given against
commercial papers given to banks for
collection or acceptance.
3- Receipts against delivery or
authorization to receive letters,
packages or cables.

15 a- Engineering designs and drawings. To Dinars per Design or drawing

document applicant
b- Copies of above 500 Dirhams per
document

16 Minutes declarations and other 250 Dirahms per Beneficiary

documents drawn up by Notaries Public sheet
and others involved in certifications or
providing public services.

5
 The following advertisements:
17 a- Ordinary paper posted, glued or 250 Dirhams per Advertising Agency Warning signs Any notice to the
displayed in any way to the public along one quarter Notices for compulsory sales public is considered as ad.
the road. square meter (50 (Tax is payable before notice is Tax is payable before
x 50 cm) or 500 published). publication and
dirhams for Employment applications. irrefundable.
areas in excess Work organization notices in If the ad is free.
thereof firms such as orders fixing The ad publisher or
working hours. distributor should collect
Ads giving the name of the tax from the party
firm or its kind of activity whether interested in the ad before
in or out of the firm. publication or distribution
Announcement pertinent to or turn over the tax to the
death and event relevant thereto. tax Department in time as
stipulated in the executive
regulations.
The party for whom
the ad is made and the
publisher are jointly
responsible for paying the
amounts due hereunder.
Where tax is based on
area of ad, the dimensions
will be those of the paper
or material on which the
ad is written regardless of
the writing or drawing.

6
 b- Ads on paper displayed to the 1000 Dirahms Advertising If the areas is less
public, with substance to protect per Agency than one quarter meter
paper against damage even if advertisement square, it will be
displayed along highways. considered one-quarter
square meter.
Relief or two sides
ads, their areas will be
the total areas of both
sides.
c- Ads. On other than paper whether 1000 dirhams Advertising
fixed or mobile. per ad. Agency
d- ads in cinemas or the like 5% of the ad.
including trailers or lights. Fees

18 Certificates given by public One dinar Applicant

authorities The document will be
taxable when presented to
19 Criminal status certificate One dianr Applicant the judiciary or any public
authority
20 Any other document not mentioned 250 Dirhams Applicant
herein

2. Stamp Tax on disposition Transaction:

7
21 Disposition for consideration being 5% of the price of the Right
the subject of original in-kind right disposition recipient
to real property.

22 Disposition without consideration

inter vivo being the subject or
original in kind right t real property.
a- Between relative up to forth 8% of the price of the Right
degree. right subject of recipient
disposition.
b- Between other than the above 10% of the price of the Right
right subject of recipient
disposition.

23 Mortgage contacts (0.01%) (one per Mortgage

thousand)

24 Disposition for consideration

concerning movables that are made
in the Great Jamahiriya in the
following cases:

8
 a- Vehicles and the like 3% of the value of the Right Disposition of cars and the like without This tax does not
disposition . recipient consideration as made between apply to disposition
principles and descendant and spouses. made abroad but used
in the Great
Jamahiriya.
b- Other movables if the values 2% of the value of the Right
thereof is exceeds 100 Dinars disposition recipient

25 Contract arranging income for life or 1% of revenue Beneficiary If revenue is not known, tax will b
for a fixed term based on the total revenue over ten
years or for the fixed term.

26 Compromise contract LD 5 (five Dinars) Equally

shared by the
parties to the
contract

27 Real estate lease 1% of the contract price Lessee

9
28 a- Contracts of supply, carriage, 2% of the contract price contractor or Individual or joint work
liability, utility franchises, public similar contract.
works and any other contracts whose Carriage of people by public
subject is to provide services or means of transport.
perform certain works. Water and power supply
contracts
Telephone subscription
contracts
b- Assignment of contracts 1% of the contract price Assignee
mentioned in above paragraph. or part of contract
assigned

29 Utilization of mines quarries, Salinas 5% of the value of Utilizer Tax becomes payable
and similar utilization right in all cases even if
utilization is under
license from public
body.

30 Company contract:
A- Company foundation, capital Promoters in
increase, accession of new partner(s). case of
foundation
and company
in other cases

10
1- With monetary shares 0.05% of the capital or a-
increase of share of new Constituents
partner/s as the case may
be. b- Company
in case of
capital
increase
without entry
of new
partner
2- with real estate shares. 0.05% (5 per thousand
for the real estate value)
3- with movable in kind shares 0.05% (5 per thousand New partner
for the movable value) as the case
may be

B- Change or merger of company LD 10

C- Amendment to Company’s LD 10
Articles of Association if not
providing for capital increase.

D- Termination or liquidation of 0.01 (I per thousand of

company. capital)

11
31 Partnership contracts 0.05 (five per thousand) Partners
prorate to
respective
share

32 Establishing private co-operation LD 20.- (Twenty Libyan Co-operative

societies and institutions Dinars) or institution

33 A. Credit opening contract 2 per thousand Debtor

B. Loan 2 per thousand of Loan wanted for housing private The party who pay tax
original loan for opening the credit
may recover the tax
paid on the part of the
credit that has not
actually been utilized.

34 Bank current account One Dinar annually Account

owner

35 Contracts of warranty. Guarantee and 0.05 (five per thousand) Client Security guarantee if not in separate
insurance of all kinds. of the value document

36 Satisfaction and acquittance 0.05 (five per thousand) The party This tax shall not be
of paid value who satisfied combined with tax on
obligations receipt as indicated in
Item (14) of this table.

12
37 Power of Attorney contract Attorney
a. For a consideration (0.01%) (One per
thousand )
b. Without consideration LD 1

38 Any other contract concerning 5 per thousand of Equally shard

financial right not mentioned in the contract value by
schedule and is not subject to the contracting
provisions of paragraph (2) of Article parties
(6) of the Law.

39 Any other contract that has no fixed One Dinar Equally shard
value and not mentioned in the by
schedule and is not subject to the contracting
provisions of paragraph (2) of Article parties
(6) of the Law.

40 Amending any contract or

disposition mentioned in this
schedule.

13
 A. If the Amendments providing for The increase will be
increasing the value of the contract subject to the tax
or disposition applicable to the original
contract or disposition as
prescribed for the
original contract or
disposition
B. If the amendment does not One Dinar Equally
provide for increasing the contract shared by the
value. contracting
parties
41 Termination of the Contract or One Dinar Equally shard
disposition by the parties

42 Marriage contract
A- Conclusion LD 1 (One Dinars) Husband
B- Recession of termination LD 1 (One Dinars) Spouse
applying for
recession of
termination

43 Amounts disbursed by public

organizations financed from general
budget of the State

14
 A- Wage, salaries and the like. 0.05% (five per The person Payment made to foreign Tax is payable
thousand) of the amount who receives government provided treatment is whether taxable
disbursed. the payment reciprocated. payments are
Payments made by public made directly or
bodies in return for amounts already indirectly.
paid or disbursed. Tax applied to
Compensation for land the amounts
expropriated for public domain. actually disbursed
Remittances by public bodies after any
for purchases made abroad. deductions or
reiterations
B- Other amounts (0.05%) (five per The person
thousand) of the amount who receives
the payment

44 Insurance

15
A- Premiums for life insurance, 1% of premium Insured Tax is payable
insurance against illness or public on premiums then
liability they fall due. If
insurance contract
is made abroad
and the premiums
are paid in
advance or before
the contract takes
effect in the Great
Jamahiriya, the tax
becomes payable
in the effective
date of the
contract.
Insurance
contract effective
in Libya and
abroad are taxable
prorate to what
becomes effective
in Libya.
This tax
becomes payable
in the instances it
becomes due in
lieu of the tax
prescribed under
14 and 36

16
 B- Premiums of all kinds of 1% of premium Insured
compulsory insurance
C- All kinds of transport insurance 1% of premium Insured
premiums
D- Other insurance premiums 1% of premium
E- In return for the insurance paid by 1% of the amount paid
the Company in all circumstance.

45 Signatures certified by notary Public One Dinar Certification Tax is payable on

and others authorized to provide applicant every certification
authentication or public services. even in the event of
plurality of signature
to be certified

17