Latest posts
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Cabo Verde Corporate Tax Filing Deadlines, Advance Payments And Compliance
In Cabo Verde, companies generally follow a January to December tax year. An alternative accounting period requires Ministry of Finance approval, including for foreign businesses with permanent establishments or other economically justified circumstances. Filing and Advance Payments Calendar year taxpayers must submit returns and calculate their final liability by 31 May the following year. Approved…
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Corporate Income Tax in Cabo Verde
Businesses operating in Cabo Verde are subject to corporate income tax (CIT), known locally as Imposto sobre o Rendimento das Pessoas Colectivas. The country’s tax system generally requires resident companies to pay tax on income earned both within Cabo Verde and abroad. Foreign companies are treated differently. Those with a permanent establishment in Cabo Verde…