Tax authorities
Ministry of Finance and Planning
Av. Amilcar Cabral, Cidade da Praia, Ilha de Santiago, Cabo Verde
Tel: +238 260 75 07
Fax: +238 260 75 07
Tax rates at a glance
(As of August 2011)
| Corporate income tax rate |
15% / 25% |
| Capital gains tax rate |
Part of business income |
| Branch profit tax rate |
None |
Withholding tax |
Residents |
Non-residents |
| Dividends |
Nil |
Nil |
| Interest |
15% |
20% |
| Royalties |
15% |
20% |
| Rental income |
10% |
20% |
Tax losses |
|
| Carryback |
Not allowed |
| Carryforward |
3 Years |
Source: PwC
Cape Verde
Leendert Verschoor and Liza Vaz
PwC
Cape Verde
Leendert Verschoor and Liza Vaz of PwC explain that with strong
tax incentives and key connections to Portugal and Africa, Cape Verde
is positioning itself as a desired location for foreign investment
[Show full article]