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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

  Comoros Sub-Saharan Africa United States Germany
Number of Payments of Taxes per Year 33.0 36.6 10.6 9.0
Time Taken For Administrative Formalities (Hours) 100.0 284.8 175.0 218.0
Total Share of Taxes (% of Profit) 219.6 47.3 36.6 48.8

Source: Doing Business - Latest available data.

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Latest Update: May 2022