Vat standard rate
The VAT standard rate in Senegal is 18%.
The 10% rate applies to tourist services provided by institutions with the necessary accreditation.
Vat zero rate
In particular, zero-rated operations include:
- direct export;
- services for ships.
Non-resident companies selling goods remotely to individuals or businesses located in Sinegal are not required to register as VAT payers. However, if they carry out taxable transactions in Senegal, for example, store goods in Sinegal, registration is mandatory. This business must register before starting its activity or within 20 days after opening.
Nonresident companies are not allowed to deduct incoming Sinegaliese VAT.
The application for registration can be submitted in paper form or online. A request for registration as a VAT payer is submitted to the head of the local tax department, along with the necessary supporting documents. The request is then processed and the applicant is subsequently notified of the decision to assign a VAT number.
Non-resident companies that are required to register as VAT payers must appoint a local tax representative. In turn, he or she must have the necessary accreditation and also be a VAT payer. And then the representative is fully responsible for the payment and other actions related to VAT.
The retention period for all VAT accounting records, including invoices, accounting books, VAT declarations, and payment confirmations, is 10 years. They must be available to the tax authorities upon request.
Filling VAT return and payment date
VAT returns must be filed and paid by the 15th day of the month following the reporting period. Reporting in Senegal is monthly and quarterly, depending on the size of the company’s turnover.