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How to open a bank account for foreign companies in Cape Verde

How to open a bank account for foreign companies in Cape Verde

Investing in Cape Verde has long been a desire of many members of the diaspora and international entrepreneurs who see the archipelago as a strategic entry point to the West African market. The country offers political stability, a stable currency pegged to the Euro and a favourable tax environment. However,...
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Organised Accounting: Why You Can't Live Without It

Organised Accounting: Why You Can't Live Without It

Many entrepreneurs in Cape Verde believe that accounting is just a mandatory cost, something you do to avoid fines. This is a serious mistake. Organised accounting is actually your company's compass. It tells you if you're really making a profit, where the money leaks are, what your...
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IRPC Deadline in Cape Verde: Complete Guide 2026

IRPC Deadline in Cape Verde: Complete Guide 2026

IRPC (Corporate Income Tax) is one of the most critical tax obligations for companies in Cape Verde. Every year, between March and May, many entrepreneurs face tight deadlines, confusion over documentation and fears of fines. This article explains everything you need to know:...
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Cape Verde in 2026: Booming Tourism and Social Reforms on the Horizon

Cape Verde in 2026: Booming Tourism and Social Reforms on the Horizon

The archipelago of Cape Verde continues to consolidate its position as one of the most dynamic destinations in West Africa, with positive economic indicators that contrast with structural challenges that require immediate attention. The Engine of Tourism: Data that Drives Business According to statements by Thierry Ligonnière, Chairman of the Board of...
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Accountant transition: how to change accountants in Cape Verde without complications (Compliance report and transition checklist)

Accountant transition: how to change accountants in Cape Verde without complications (Compliance report and transition checklist)

Contents1 Executive summary and framework of the transition in Cape Verde2 Ethical and legal foundations of professional succession (OPACC)2.1 The outgoing accountant: duties of collaboration and resignation2.2 The accepting accountant: duty of due diligence and responsible acceptance2.3 Critical ethical duties in professional succession (OPACC)3 The operational phase: termination procedures and...
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Value Added Tax (VAT) in Cape Verde: Structure, Standard Rate (15%) and the Strategic Impact of Customs Exemptions on the Cost of Investment, in accordance with Law No. 21/VI/2003

Value Added Tax (VAT) in Cape Verde: Structure, Standard Rate (15%) and the Strategic Impact of Customs Exemptions on the Cost of Investment, in accordance with Law No. 21/VI/2003

Contents1 Structure and Basics of Value Added Tax (VAT) in Cape Verde1.1 1.1. Scope of Application, Taxable Event and Territoriality1.2 1.2. Taxable Persons and the Public-Private Distinction1.3 1.3. The Principle of Neutrality: Tax Deduction (Article 19 and 20)2 II. Applicable Charges and Tariff Structure2.1...
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