Cape Verde

Paying Taxes in

Cape Verde

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 3 35 25.0% taxable profits and tax assessed 18.2
Social Security contributions 12 85 15.0% gross salaries 16.9
Mandatory accident insurance 12 2.0% gross salaries 1.6
property tax 1 3.0% 25% assessment value less maintenance expenses 0.6
tax on interest 0 paid jointly 20.0% interest 0.5 included in other taxes
Fire brigade 0 paid jointly 2.0% CIT assessed 0.4
vehicle tax 1 varies by vehicle type 0.1
VAT 12 66 15.0% value added not included
Totals: 41 186 37.8