Ivory Coast (Côte d'Ivoire)

Social security contributions

Employees must contribute to the social security system (Caisse Nationale de Prevoyance Sociale or CNPS) together with the employer. The employees only pay 6.3% for the CNPS Retirement Fund and the employer pays 7.7% of the taxable salary to the CNPS Retirement Fund (total 14%). The other contributions are paid by the employer (i.e. family allowances 5.75%, work injury from 2% to 5%).

The monthly ceiling for the CNPS Retirement Fund is XOF 3,375,000, and the monthly ceiling for the other contributions is XOF 70,000.

Consumption taxes

Value-added tax (VAT)

VAT is a non-cumulative tax levied on the sale of goods and services at the rate of 18%. See the Other taxes section n the Corporate tax summary for more information.

Luxury and excise taxes

Excise duties apply on cigarette imports, alcoholic or non-alcoholic beverages, oil products, and perfume and cosmetics products.

Payroll taxes

Taxes are levied at the rates of 2.8% for local employees and 12% for expatriate employees on the total taxable remuneration, including salaries, benefits, and benefits in kind.