Congo, Democratic Republic of the

Outlined below are the most notable and recent developments shaping the tax landscape.

Value-added tax (VAT)

The taxpayer is required to submit detailed lists of transactions (turnover) with the VAT return, in accordance with the models defined by the tax authorities.

Any taxable person liable for value added tax who delivers goods or renders services to a customer or who claims advance payments from the customer, giving rise to the liability for tax, must issue the customer with a standardised invoice produced by the tax electronic systems or a document in lieu thereof, unless an exemption is expressly granted by the tax authorities. 

Corporate income tax (CIT)

Payment of the minimum tax set at 1% of declared turnover is only due for one twelfth per month or fraction of a month when the taxpayer began operations after January.

The number of CIT instalments has been reduced from 4 to 3, and there have been changes in their rates and deadlines, as follows:

• 30% of the CIT base is due for the first two instalments.
• The 1st instalment is due before 1 August of the year in which the taxable income is earned.
• The second instalment is due before 1 October of the year in which the taxable income is earned.
• 20% of the CIT base is payable before 1 December of the year in which the taxable income is earned.