Cabo Verde

Corporate - Other issues

Last reviewed - 19 January 2026

United States (US) Foreign Account Tax Compliance Act (FATCA)

Cabo Verde and the United States have reached an ‘agreement in substance’ on a Model 1 Intergovernmental Agreement (IGA), in which Cabo Verde consented to disclose this status as of 30 June 2014.

Inclusive Framework on Base Erosion and Profit Shifting (BEPS)

Cabo Verde has joined the Inclusive Framework on BEPS.

Multilateral Convention on Mutual Administrative Assistance in Tax Matters

In November 2019, Cabo Verde signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, which entered into force on 1 May 2020.

Pillar Two

In September 2024, Cabo Verde signed the Multilateral Convention to facilitate the implementation of the Pillar Two Subject to Tax Rule (STTR).

The SB 2026 has created a qualified global minimum tax (GMT) under the international BEPS Pillar Two initiative.

The GMT will apply to multinational groups or large domestic groups with annual revenues of at least € 750,000,000.

The GMT rate will be 15%, calculated by the effective tax rate (ETR) and in accordance with specific rules, in respect of constituent entities located in Cabo Verde that belong to in-scope groups.

The concepts, operation, and the rules and procedures for assessment and collection will be set out in standalone legislation and regulations.