- Instruction No. 0339 was issued by the Congolese Ministry of Finance, Budget, and Public Portfolio regarding VAT regulations
- The instruction aligns with VAT legislation across CEMAC member states
- Transactions in the Republic of the Congo by taxable entities engaged in economic activities are subject to VAT
- Private legal entities and individuals with turnover exceeding 100 million Central African CFA francs are considered taxable entities
- Guidelines for determining VAT base and applying VAT at the time of delivery are included
- General rate of 18 percent, reduced rate of 5 percent, and zero percent export rate for VAT are established
- Invoicing, accounting, and reporting obligations are outlined in the instruction
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
