Customs Related Tax Incentives
Categoria:Hits:10
These are benefits attributed to Cape Verdean born citizens or of Cape Verdean origin that have lived abroad for more than four years for personal or professional reasons and are planning to return to Cape Verde.
Residents are defined as: diplomats and consular officers, civil servants, students living abroad, employees of companies abroad.
¿ Personal and domestic goods and equipment with the exception of vehicles are exempt from excise taxes (Imposto Consumo Especial- ICE) and Value Added Taxes (VAT).
¿ VAT (Value Added Taxes) and excise taxes exemptions are granted on personal and household goods and capital goods. Vehicles are excluded.
¿ Vehicles: duty free regardless of year. 10 year old vehicles are exempt from excise taxes. Vehicles over 10 years old are not exempt from excise taxes.
Who can apply?
Non- resident Cape Verdeans returning permanently.
Where can i apply?
Direção Geral das Alfândegas (Directorate General of Customs) or Delegações Aduaneiras (Customs Offices).
When can i apply?
Upon returning permanently.
Completion deadline
The import of personal goods and equipment entitled to exemption must be requested within 6 to 10 months as of the applicant’s permanent return date.
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