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Sao Tome and Principe 2024 Budget Tax Measures

|Approved Changes|Sao Tome and Principe
Sao Tome and Principe

According to recent reports, the Sao Tome and Principe president promulgated the Budget Law for 2024 on 12 March 2024. As part of the budget, certain tax measures were approved as follows:

  • Taxpayers with turnover exceeding STN 1 million and those required to keep organized accounting, regardless of turnover, are required to use invoicing software through which all issued invoices must be processed;
  • In connection with the invoicing software requirement, costs for the acquisition of billing so…

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