- 1 Value-added tax (VAT)
- 2 Customs duties/Import tariffs
- 3 Excise taxes
- 4 Tax on built real estate
- 5 Tax on non-built real estate
- 6 Stamp/registration duties
- 7 Payroll taxes
- 8 Social Security contributions
- 9 Retirement contributions
- 10 Employment medical coverage
- 11 Local Economic Contribution (Contribution Economique Locale or CEL)
- 12 Tax on telecommunication
- 13 Tax on vehicles
- 14 Company tax on vehicles
- 15 Levy on insurance companies (LIC)
- 16 Sampling of consignments of petroleum products and hydrocarbon stores from foreign-flagged vessels
- 17 Parafiscal charge in favour of the Energy Sector Support Fund known as the Industrial Energy Tax
- 18 Export duties on non-monetary gold
Value-added tax (VAT)
capable to certain exclusions, most commercial operations are subject to an 18 % VAT .
VAT on tourism activities is 10 % .
A 17 % special tax on fiscal activities ( chiefly bank, money transfers, and change operations ) is applicable rather of VAT .
VAT returns must be filed monthly.
Reading: Senegal – Corporate – Other taxes
Customs duties/Import tariffs
In the case of meaning of goods, the follow tariffs apply :
- Customs duties : 0 %, 5 %, 10 %, or 20 %, depending on the nature of the goods .
- statistical import charge : 1 % .
- Community solidarity levy : 0.8 % since 1 July 2017 ( 1 % before July 2017 ) .
- Economic Community of West african States (ECOWAS ) levy : 0.5 % ( only applicable to products originating from non-ECOWAS countries ) .
- Senegalese Shippers Council (COSEC) royalty: 0.4% (only applicable on importation by sea).
- A 1.5% levy for the Customs Modernization Program was introduced by the 2022 Finance Act. It is applicable to the customs value of eligible goods, excluding those placed under customs and tax regimes promoting investment.
- A 0.5% levy is added to the fees due for commercial operations carried out outside the legally prescribed hours and for customs computer services (Finance Act 2022). It is applicable to the customs value of eligible goods, excluding those placed under customs and tax regimes promoting investment.
The products on which the Senegalese authorities levy excise tax, and the relevant excise tax rates, are as follows :
- Beverages : 50 % for beverages containing alcohol, plus an extra tax range fromXOF 1,500 toXOF 5,000 per liter ; 5 % for sparkling beverages and juices .
- tobacco : 65 % .
- coffee : 5 % .
- tea : 5 % .
- private cars : 10 % .
- cosmetic products : 15 % .
- oil products ( rates per nature and per hectoliter ) :XOF 21,665 for super-petrol ,XOF 19,847 for conventional gasoline ,XOF 3,856 for gasoline for the consumption ofpirogues, XOF 10,395 for diesel .
- Plastic bags: XOF 300 per kilogram.
- Fats and charcuterie: 15% for charcuterie, butter, milk cream and substitutes or mixtures containing butter or cream, regardless of the proportions of the mixture; 10% for other fats.
- Textile products: 5%.
Tax on built real estate
The tax on build real estate of the realm applies annually to owners of buildings other than factories and industrial premises. Companies are no longer liable to the tax on build up real estate of the realm on their properties listed in the balance sail .
The tax rate is 5 %. It is applied on the basis of the lease value of the lands, buildings, etc.
Tax on non-built real estate
The tax on non-built substantial estate applies per annum to owners of nation without buildings, factories, industrial premises, or equipment fixed on the state. The tax rate is fixed at 5 %. It is applied on the footing of the rental measure of the land .
There are many emboss and/or adjustment duties, depending on the operations, such as the be :
|Operation||Stamp and/or registration duty|
|Commercial, house, or equipment lease||2% applicable on the basis of the annual rent|
|Transfer of real estate||5% on the sales price|
|Transfer of debt||1% on the debt value|
|Pledge||1% on the guarantee value|
|Increase of the capital in cash||1% of the increase where the share capital is greater than XOF 100 million|
|Transfer of business||5% on the sales price|
|Transfer of shares||1% on the sales price (or the market value if higher)|
All compensation ( including wage, cash allowances, and benefits in kind ) paid to employees is broadly taxable. For the calculation of the personal income tax ( PIT ) to be withheld by the employer, the tax administration provides a tax table determined on a monthly basis so that no calculation is necessity .
Employers are subject to a 3 % tax based on the total gross salaries paid to employees .
Social Security contributions
Social Security contributions are bear entirely by the employer .
The rate for the industrial accident/occupational disease branch has to be confirmed by the agency when registering the entity with the Social Security Office ( applicable rate to be stated within the relate certificate ) .
|Sector||Rate of contributions (only payable by employers) (%)||Maximum monthly basis of calculation (XOF)|
|Industrial accident / Occupational disease||1/3/5||63,000|
retirement contributions are collectible both by the employer and the employees :
|Regime||Rates of contributions (%)||Maximum monthly basis of calculation (XOF)|
|Payable by employers||Payable by employees (withheld on the salary)|
Employment medical coverage
The employer shall subscribe for all employees a medical coverage. The level of coverage depends on the type of agreement concluded with the dedicate organism. normally, the employee is reimbursed for 80 % of checkup expenses, even though the jurisprudence provides a roll between 50 % and 80 % .
The utmost monthly rate is 15 %, to be levied on a contribution rate that can not exceed XOF 250,000, for both the employee and the employer .
Local Economic Contribution (Contribution Economique Locale or CEL)
The CEL is a fresh contribution replacing the occupation license tax and consist of two different taxes :
- the company ’ mho properties contribution, and
- the company value added contribution.
The company ’ s properties contribution is assessed per annum on the rental measure of the company ’ s business premises. The rental measure corresponds to 7 % of the cost price .
The applicable rates are 15 % for leases premises and 20 % for own premises, lands, and installations .
The company added measure contribution is based on the add value produced by a company during the previous year. The tax rate is 1 %. An amphetamine ceiling of 70 % of the dollar volume applies to the party added value contribution .
specific tax rates are provided for companies such as operators of public telecommunication networks licensed in Senegal ( 0.30 % ) and port facility operators ( 1.5 % ) .
Tax on telecommunication
The tax rate is 5 % on telecommunication habit and access .
Tax on vehicles
An owner of a motor fomite ( car, hand truck, or minibike ) must pay an annual tax fixed at XOF 1,000 per hectoliter, except for the dugout canoe gasoline .
Company tax on vehicles
In addition to the tax on vehicles, companies owning or renting vehicles ( more than 15 days a year ) must pay a particular annual tax on them. Rates range from XOF 50,000 to XOF 200,000, depending on the character and horsepower of the vehicle .
Levy on insurance companies (LIC)
insurance companies approved in Senegal are apt to the LIC ( fixed at 1 % ) .
The basis of the LIC is dollar volume .
Sampling of consignments of petroleum products and hydrocarbon stores from foreign-flagged vessels
The taxable basis of this levy shall be :
- For consignment operations: The quantity in net kilograms of imported petroleum products.
- For fuelling: the quantity in net kilograms of hydrocarbons exported.
This recruit is fixed at XOF 10 per net kilogram. The extermination, recovery, and litigation of this levy are done as in customs .
Parafiscal charge in favour of the Energy Sector Support Fund known as the Industrial Energy Tax
The Industry Energy Tax rate is 2.5 %, applied to the price excluding tax, of electricity consumed by the taxable person.
Individuals or entities considered as industrial operators are subject to this tax .
In addition, the electricity consumption of companies that have signed an agreement with the State of Senegal that exempts them from indirect taxes during the menstruation of validity of the said agreement is excuse from this tax. electricity exports made by SENELEC are besides excuse from this tax .
Export duties on non-monetary gold
The rate is fixed at 4 % on the customs respect of non-monetary aureate and is paid at the point of exit from the national territory .