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Paying Taxes in

Comoros

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 administrative burden in paying taxes and complying with postfiling procedures.

This information 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 190 economies. The most recent round of data collection was completed on June 1, 2016 covering for the Paying Taxes indicator calendar year 2015 (January 1, 2015 – December 31, 2015).

Compare Comoros to 189 other economies.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Consumption tax 12 48 10% sales 176.77
Corporate income tax 2 4 35% taxable profit 30.07
Patent tax 1 fixed fee + 10% rental value 5.50
Capital gains tax 1 20% capital gains 2.02
Vehicle tax 1 KMF 25,000 per ton 2.00
Motor vehicle registration tax 1 various rates 0.12
Insurance tax 1 3% insurance premium 0.06
Fuel tax 1 various rates 0.00 small amount
Stamp duty 1 KMF 500 per page 0.00 small amount
Payroll tax - employee 12 withheld 48 2.5% 0.00 withheld
Totals: 33 100 216.5
  • Answer
    Profit tax (% of profit) 32.1
    Labor tax and contributions (% of profit) 0.0
    Other taxes (% of profit) 184.4
    Answer Score
    Postfiling index (0-100) 51.5
    VAT refunds N/A
    Does VAT/GST exist? No
    Frequency of VAT/GST refund submission N/A
    Does a VAT/GST refund process exist per the case study? N/A
    Restrictions on VAT refund process N/A
    Likelihood of VAT audit N/A
    Time to comply with VAT refund (hours) N/A No VAT
    Time to obtain a VAT refund (weeks) N/A No VAT
    Corporate income tax audits 80.7
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Likely
    Time to comply with a corporate income tax audit (hours) 12.0 80.7
    Time to complete a corporate income tax audit (weeks) 24.9 22.3
    Administrative appeal process
    First level administrative appeal authority Directeur Général des Impôts
    Is the appeal authority independent? Independent department within tax office
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines in printed publication
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? Yes
    Legal time limit 30 days

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.