Ivory Coast (Côte d'Ivoire)
Overview
Last reviewed - 20 November 2024The Ivory Coast (Côte d'Ivoire), which became independent in 1960, is located on the south coast of West Africa. It is divided into 14 districts (including two autonomous Districts) and 31 regions, with Yamoussoukro as the capital. The official language of Côte d'Ivoire is French, and the currency is the Communauté financière d'Afrique (Financial Community of Africa or CFA) franc (XOF).
Côte d'Ivoire remains the world’s largest producer and exporter of cocoa beans and a significant producer and exporter of coffee, palm oil, and cashew nuts. , a sector that continues to underpin economic performance alongside other key agricultural products such as cashew, palm oil, and coffee. Consequently, the economy is highly sensitive to fluctuations in international prices for these commodities, and, to a lesser extent, to climatic conditions. Agriculture and related activities remain central to the economy, contributing significantly to growth and household livelihoods.
Hydrocarbon production has strengthened, particularly with the development of the Baleine and the Calao offshore fields, which have contributed to higher national output. Government planning continues to prioritise the development of energy infrastructure, improvements in financial sustainability, increased regional interconnection, and broader sector reforms. The country has also made substantial progress in electricity access, rural electrification, and the expansion of distribution networks. The government continues to promote private‑sector participation to expand electricity generation in support of its long‑term capacity goals.
Gross domestic product (GDP) growth over the last few years has also been driven by a significant increase in infrastructure investments (roads, bridges, public buildings, etc.) all over the country. Investment in infrastructure, energy, and productive sectors continues to support growth, alongside structural reforms implemented under the national development planning cycle.
PwC does not have a permanent office offering tax services in Côte d'Ivoire. However, PwC Ghana has a dedicated team responsible for providing consulting services relating to Côte d'Ivoire tax issues.
Quick rates and dates
| Corporate income tax (CIT) rates | |
|---|---|
| Headline CIT rate (%) |
25 |
| Corporate income tax (CIT) due dates | |
|---|---|
| CIT return due date |
30 June for companies subject to audit requirements; 30 May for other entities. |
| CIT final payment due date |
September following the end of the fiscal year (exact date depends on sector of activity and taxpayer's office). |
| CIT estimated payment due dates |
April and June following the end of the fiscal year (exact dates depend on sector of activity and taxpayer's office). |
| Personal income tax (PIT) rates | |
|---|---|
| Headline PIT rate (%) |
32 |
| Personal income tax (PIT) due dates | |
|---|---|
| PIT return due date |
30 May |
| PIT final payment due date |
30 May |
| PIT estimated payment due dates |
Monthly |
| Value-added tax (VAT) rates | |
|---|---|
| Standard VAT rate (%) |
18 |
| Withholding tax (WHT) rates | |
|---|---|
| WHT rates (%) (Dividends/Interest/Royalties) |
Resident: 15 / 18 / NA; Non-resident: 15 / 18 / 20 |
| Capital gains tax (CGT) rates | |
|---|---|
| Headline corporate capital gains tax rate (%) |
Capital gains are subject to the normal CIT rate. |
| Headline individual capital gains tax rate (%) |
NA |
| Net wealth/worth tax rates | |
|---|---|
| Headline net wealth/worth tax rate (%) |
NP |
| Inheritance and gift tax rates | |
|---|---|
| Headline inheritance tax rate (%) |
NP |
| Headline gift tax rate (%) |
NP |