Republic of the Congo MOF Issues Instruction on VAT Application in 2024 Finance Law

• Congolese Ministry of Finance, Budget, and Public Portfolio posted Instruction No. 0339 on VAT application under the 2024 Finance Law
• Instruction includes harmonization of VAT legislation by CEMAC member states
• Transactions in the Republic of the Congo by taxable persons subject to VAT
• Private legal entities and individuals with turnover over 100 million Central African CFA francs are taxable persons
• VAT base determination, application at time of delivery, 18% general rate, 5% reduced rate, zero percent export rate
• Requirements for invoicing, accounting, and reporting included

Source: news.bloombergtax.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.

---

---