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Comoros: Domestic Taxation

Personal Taxation

This page was last updated on 5 August 2019.

Taxation in the Comoros is based on the French tax system. However, taxes are complex and tax rates are quite high.

Individual income is taxed at progressive rates up to 30 percent, which applies on income of more than KMF3.5m. No tax is paid on income up to KMF150,000. All individuals with a permanent occupation in the Comoros are subject to personal taxation. Self-employed individuals are subject to corporate tax. There is also a capital income tax of 15%.

There are a number of taxes on property. Taxes on recording property transactions are levied at 2% of the value for property rights and mortgages and 1% of the cumulative value for leases. Tax on real estate transfers is charged at 2-9% of the selling price depending on the type of property involved.

There is an annual tax on the rental value of a property of 20% for residential units. Real estate capital gains are taxed at a flat rate of 20%.

There is a consumption tax that has a standard rate of 10%. There are two reduced rates: electricity and telephone supply and banking services (5%); water supplies, private school fees and inter-island air fares (3%). Basic necessities are zero-rated.

 

 

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