The Government of Cape Verde, through the Secretary of State for Foreign Affairs and Cooperation, Dr Miryan Vieira, clarified today at a press conference that there is no intention whatsoever to…
On January 30, the Ministry of Infrastructure, Spatial Planning and Housing held the socialisation of the "João Teves Urban Requalification Project" at the Luciano Garcia Secondary School,...
The government's decision in October 2024 to reduce the price of air tickets to the islands of São Nicolau and Maio by 40%, increasing accessibility and...
Executive summary and background to the transition in Cape Verde The transfer of technical responsibility for an entity’s accounts in Cape Verde, involving the replacement of a Certified Accountant (CC), is not merely a contractual change, but a procedure that is highly regulated by tax law and, above all, by the code of ethics of…
Structure and Principles of Value Added Tax (VAT) in Cape Verde Value Added Tax (VAT) in Cape Verde, established by Law No. 21/VI/2003 of 14 July, forms the cornerstone of indirect taxation in the country. This piece of legislation, which enacted the VAT Code…
There are only a few days left until 31 March, the deadline for filing IRPC (Corporate Income Tax) and VAT (Value Added Tax) returns for the year 2025. If you haven’t started yet, don’t worry. There are clear steps you can take now to meet your obligations and avoid fines.…
Cape Verde has established itself as one of the most efficient business hubs in West Africa. Under the ‘Empresa no Dia’ (END) scheme, it is possible to obtain legal personality in less than 24 hours. However, rapid incorporation is only the first step. The real critical path to starting a business lies in obtaining trading licences…
You’ve got a business idea; now you need a plan. In Cape Verde, a well-structured business plan isn’t just a formality: it’s the document that will open doors to bank finance, Pró-Empresa’s Startup Jovem programme, investors and strategic partners. Without it, your…
Cape Verde’s economy grew by 7.3% in 2024, the best result in years, driven by 1.18 million tourists and a strong recovery in the agricultural sector. For 2026, the IMF’s projections point to growth converging towards 4.81 per cent per annum. The context offers opportunities, but also presents challenges…
18 million tourists in 2024. GDP growth of 7.3%. Direct flights from several European cities. And a property market that remains relatively affordable, with strong prospects for appreciation. Cape Verde has become one of the most attractive destinations in the Atlantic for property investors and, by 2026, the situation…
More than a million Cape Verdeans live outside the archipelago, scattered across Portugal, the United States, the Netherlands, France and far beyond. The remittances they send account for between 12% and 15% of Cape Verde’s GDP, a figure three times higher than foreign direct investment. The government is aware of this and has…
With the new Commercial Companies Code (CSC) of 2019, Cape Verde has modernised its company law, bringing it into line with international best practices in corporate governance. Today, investors have a structured range of legal forms to choose from — from the streamlined limited liability company (Lda.) to the robust public limited company (SA)…
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