Gabon

Overview

Last reviewed - 04 February 2020

Gabon, located on the Atlantic coast of Central Africa, is bordered by Equatorial Guinea to the northwest, Cameroon to the north, and the Republic of the Congo to the east and south. Gabon gained its independence from France in 1960 and is a republic with a presidential form of government. It is divided into nine provinces, with Libreville as the capital. The official language of Gabon is French, while 32% of the people speak the Fang language. Gabon’s currency is the Coopération financière en Afrique Centrale (Central African CFA) franc (XAF).

A small population, abundant natural resources, and considerable foreign support have helped Gabon become one of the more prosperous and stable African countries. The Gabonese economy depended on timber and manganese until oil was discovered offshore in the early 1970s. The oil sector now accounts for more than 50% of gross domestic product (GDP). Gabon continues to face fluctuating prices for its oil, timber, and manganese exports.

PwC Gabon is the foremost firm in tax and legal services in the country. We have been established in Gabon since 1952 and have two offices, one in Libreville and one in Port Gentil. PwC Gabon supports clients with the knowledge and skills of our experienced and multidisciplinary teams and with access to a broad range of other professionals across the PwC global network of firms. We are specialised in most sectors and industries, notably oil and gas, mining, and telecommunications.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%) 30 (35% for oil & gas and mining companies)
Corporate income tax (CIT) due dates
CIT return due date 30 April
CIT final payment due date 30 April
CIT estimated payment due dates Two instalments due on 30 November and 30 January.
Personal income tax (PIT) rates
Headline PIT rate (%) 35, plus 5% complementary tax on salaries
Personal income tax (PIT) due dates
PIT return due date 1 March
PIT final payment due date NP
PIT estimated payment due dates The IRPP and the TCTS are withheld monthly by the employer and paid over (before the 15th day of the following month) to the Public Treasury.
Value-added tax (VAT) rates
Standard VAT rate (%) 18
Withholding tax (WHT) rates
WHT rates (%) (Div/Int/Roy) Resident: 20 / NA / NA;
Non-resident: 20 / 20 / 20
Capital gains tax (CGT) rates
Corporate capital gains tax rate (%) Capital gains are subject to the normal CIT rate.
Individual capital gains tax rate (%) 20
Net wealth/worth tax rates
Headline net wealth/worth tax rate (%) NP
Inheritance and gift tax rates
Inheritance tax rate (%) NP
Gift tax rate (%) NP

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.