Taxation in Cape Verde
As mentioned above there is an initial five year tax holiday for non- cape verdean residents when buying property in Cape Verde. This means an Irish or U.K, investor benefits from no capital gains tax, no income tax and no inheritance tax for the first five years of property ownership. Also Business Incentives to invest in Cape Verde include exemption from corporate taxes on profits for 10 years from beginning of business operation. After this period the maximum tax rate applicable will be 15%. From 10 years of beginning of business operation a tax holiday applies to dividends and profits made to shareholders. Shareholders also have a life exemption from indirect taxes.