The payment of taxes on wages, salaries, debt, withholding tax, value-added tax (VAT) and other taxes on turnover are due on either the 10th, 15th or 20th of each month for companies dependent on the Directorate of Large Enterprises or the Centre for Medium-sized Enterprises. The schedules are below.
Côte d’Ivoire is a civil law country, and as such the legal system does not rely on prior decisions, but is instead structured by several different specific codes. The supreme law of the country is the Constitution, which was adopted by referendum on October 30, 2016. The legal hierarchy puts the Constitution at the apex of the legislative...
All profits made by natural or legal persons while performing commercial, industrial or agricultural activities are subject to a tax rate of 25%. Professional profits generally, tasks and functions for which policyholders do not have a commercial capacity, and profits from all activities and sources that do not fall under any other revenue...
Companies that take over firms in difficulty are temporarily exempt from taxes on income, under industrial and commercial profits. The Investment Law does not supersede this exemption.
For nearly 20 years, transfer pricing has been subject to a lot of debate, with the Ivorian authorities seeing it as a capital flight technique. When multinational firms seek to fix a fee for their value of exchange within their group, there is the question a possible tax adjustment. This preoccupation is at the heart of the debate for several...
The 2012 Investment Law comprises two types of investment regime: the investment declaration regime and the investment licensing regime. The two systems operate as follows:
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