VATupdate

Share this post on

Non-Resident Digital Platform Operators VAT Liability in Ivory Coast

  • 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


Join the Linkedin Group on VAT/GST and E-Commerce HERE

Sponsors:

VAT news

Advertisements: