The following tax incentives are provided under the investment code:

Companies with an investment program of KMF 5 million to KMF 100 million and employing Comoros nationals

Exemption for a period of 7 years from maximum applicable rate for unique administrative royalty on imported materials and equipment & on the expiry of 7 years, exemption is reduced to half of the maximum applicable rate
CIT exemption for a period of 7 years
Approved enterprises are eligible to reduce from taxable profits, 100% of the amount of investments over a period of 5 years. The unabsorbed tax credit is not allowed to be carried forward
Additional exemption of 2 years for enterprises established in rural areas

Companies with an investment program of over KMF 100 million and employing Comoros nationals

Exemption for a period of 10 years from maximum applicable rate for unique administrative royalty on imported materials and equipment & on the expiry of 10 years, exemption is reduced to half of the maximum applicable rate
CIT exemption for a period of 10 years
Approved enterprises are eligible to reduce from taxable profits, 100% of the amount of investments over a period of 8 years. The unabsorbed tax credit is not allowed to be carried forward
Additional exemption of 2 years for enterprises established in rural areas

In addition, the companies covered under the investment code are also eligible for other benefits available to companies not covered by the investment code.

The other main tax exemptions exiting under Comoro Island laws are:

Exemptions from tax on imports: petroleum products, cements, fertilizers, flour and rice are exempted from the administrative levy tax. Reduced rates on petroleum products are further applied to diplomatic missions, ships and aircrafts.
The Government of Comoro Island also grants tax exemptions for business entities and employees of the business entities on a case to case basis.

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