- The Ivory Coast government has made efforts to shape indirect tax regulations in response to changes in the digital business environment.
- The rise of e-commerce and digitalization has significantly altered traditional business transactions.
- The government has been working on establishing a legislative framework to address the loss of uncollected VAT caused by the unregulated Platform Economy.
- Starting from April 9, 2024, Non-Resident Digital Platform Operators must register and remit VAT according to a simplified procedure.
- The Ivory Coast Tax Administration has introduced a simplified registration procedure to ensure compliance with the VAT liability of non-resident digital platform operators.
- Returns should be filed quarterly and can be paid in USD or EUR.
- There is no threshold for registration, and businesses must already be registered with the DGT before making their first sale.
- The standard VAT rate is 18%.
- Digital marketplaces and accompanying businesses must follow new procedures starting from April next year.
Source 1stopvat
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