FrançaisTAX ADVANTAGES CONCERNING THE DIGITAL ECONOMY SECTOR
TAX ADVANTAGES CONCERNING THE DIGITAL ECONOMY SECTOR
Innovative “start-up” in the field of information and communication technologies enjoy the following tax advantages:
- During the incubation phase which must not exceed five (05) years:
- exemption from all taxes, duties, taxes and fees with the exception of social contributions;
- At the end of the incubation phase:
- in the event of the sale of the “start-up”: application of a reduced rate of 10% on the capital gain on the sale;
- in the event of entry into the operation phase, the member benefits for a period of five (05) years from:
- exemption from the business license tax;
- exemption from registration fees on acts of creation, extension or increase of capital;
- exemption from all tax and employer’s charges on salaries paid to their employees excluding social security contributions;
- application of a reduced company tax rate of 15%;
- application of a reduction of 50% on the basis of the assessment of advance payment and the minimum company tax collection;
- income tax credit of 30% of research and innovation expenses capped at one hundred (100) million FCFA.
application of a reduced rate of tax on income from movable capital of 5%, on dividends paid to shareholders and interest paid to investors.