Presentation of the Comoros : Taxation

Value added tax (VAT) - Taxe sur la valeur ajoutée (Local name)

10% (standard rate)
3%: water supplies, private school fees and inter-island air fares
5%: restaurant services, banking activities, and international transport
7.5%: mobile phone services
25%: casinos activities
Zero-rated: certain basic necessities.

Company Tax :

Corporate tax: 35%
50% for companies with a turnover above KMF 500 million
Minimum corporate income tax: 3% of annual turnover

Withholding Taxes :

Dividends: 15%, Interests: 15%, Royalties: 0%.

Social Security Contributions Paid By Employers :

No contribution payed.

Other Domestic Resources

Comoros Customs

Ministry of Finance and Budget

Consult Doing Business website, to obtain a summary of the taxes and mandatory contributions.

Country Comparison For Corporate Taxation