Comoros Tax Measures for 2019 Include New Minimum Tax and Consumption Tax Rates

The Comoros Finance Bill 2019 was signed into law as Law 19-001 on 2 January 2019. The main tax-related measures include:

• The minimum corporate income tax is set at 3% of annual turnover; and
• The consumption tax rate was set at:
  • 5% for restaurant services, banking activities, and international transport;  
  • 7.5% for mobile phone services; and
  • 25% for casinos activities.

The measures apply from 1 January 2019.