Chad

Corporate - Significant developments

Last reviewed - 04 February 2020

The significant developments that occurred in 2018 are mainly:

  • Transfer pricing documentation requirements.
  • Extension of the scope of value-added tax (VAT) credit refund and amendment of the related procedures.
  • Enhancement of deductibility rules of interest expenses for entities belonging to the same group of companies.
  • New rules against fraud and tax evasion.
  • Amendment of eligibility criteria relating to the taxation regime.
  • Option to file a corrective tax return within a limited period of two months from the filing of the initial tax returns.
  • Recognition of exclusive competence of tax administration in matter of tax assessment.
  • Prohibition for chartered accountants non-registered in the Economic and Monetary Community of Central Africa (CEMAC) to validate taxpayers’ accounting.
  • Prohibition for chartered accountants to provide tax services.
  • Requirement for branches of foreign companies to be transformed into a Chadian company.
  • Lowering of registration fees for real estate transactions.