Is there withholding tax on Afranga?

Yes, interest earned from investments on Afranga is generally subject to withholding tax (WHT). The rate and application depend on the jurisdiction of the borrowing company.

What to expect:

• The applicable WHT rate is clearly displayed on the Loan Details page.

• Some loans may be exempt from withholding tax or subject to a 0% rate, depending on the tax laws in the borrower's country.

Tip:
WHT is usually deducted before interest is paid to your account, so the amount you receive reflects net interest.

Note: Tax treatment can vary depending on your country of residence. We recommend consulting your local tax authority or a certified tax advisor to understand how withholding tax may apply to your investment income.

For any questions, feel free to contact us at support@afranga.com.