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Africa

Cabo Verde

Currency

CVE

Corporate Tax

20.4%

Personal Income Tax

23%

VAT / GST

15%

Corporate Income Tax

Headline rate20.4%

20% CIT + 2% surcharge = 20.4%; reduced for IBCs.

Personal Income Tax

Top marginal rate23%

Top rate 23%; progressive scale.

Value Added Tax / GST

Standard rate15%

Standard 15%; 0% exports.

Withholding Taxes

Dividends

10%

Interest

10%

Royalties

10%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

~22% total (employer ~14% + employee ~8%).

Wealth & Capital Taxes

Capital Gains Tax

0% on shares / income

Inheritance / Estate Tax

Progressive 3–25%

Capital (Net Worth) Tax

0%

Property Tax

Property tax

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnWithin 4 months after year-end; quarterly instalments
Personal / PAYEWithheld monthly; annual return by 31 March following year
VAT / GSTMonthly, by 20th of following month

Tax Year

Calendar year

Notes

International Business Company (IBC) regime offers reduced rates. Tourism incentives.