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Comoros

Taxes

Want to setup a company? This will tell you about tax laws in Comoros, this article will educate you on the tax laws for a Ltd which is the most common company type in Comoros.

Comoros has a tax on foreign earned income earned abroad distinctly than if it were attached to local operations. Theestablished standard rate for offshore tax, from our research, and this is not personal tax advice, is 1%. Comoros does not have known exemptions to bring in income earned abroad from outside the country. Taxes are quite low in Comoros because the rate which Ltd will pay tax is 50%. This ranks Comoros as 176th when compared to corp. taxation rate internationally. . .

The valued added tax rate in Comoros is 10.00%, which ranks Comoros as 176th overall with regards to value added tax rate worldwide. In terms of other taxation, an employer will contribute % to the equivalent of a social security fund and an employee will contribute %. This is measured by average time to comply with a country's labor tax requirements is as it is 48hours. Contributing to this is the number of yearly labor tax payments, which is 20 in KM.

Thin capitalisation refers to any sort of restrictions on companies' debt-to-asset ratios. Dividends are distributions of an earnings of the legal entity, decided by the board of directors, to a particular class of shareholders.Dividends can be one of the following shares of stock, cash payments, or other property. The capital gains taxation rate in KMis 0%. A capital gains tax is levied on the profits that a corporation or natural person realizes when they sell sells a capital asset for a price that is higher than the purchase price.


There is no known tax on wealth in Comoros. There are inheritance taxes in Comoros placed on an estate. We are not aware of any well know research and development tax relieft here.

The above is not tax or legal advice for your company's situation. Incorporations.io can to help you find to an accountantin Comoros who can answer all your questions. Click incorporate now if you are in a hurry, or press the free consultation button above.

Country details

Comoros
KMF
Moroni
Africa
ar, fr-KM
773,407

Tax treaties

Country Type Date Signed
United Arab Emirates DTC  2015-03-26

Tax treaties Map

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