Togo Corporate Income Tax

Corporate income tax (Impôt sur les Sociétés)

Companies resident in Togo pay corporate income tax (Impôt sur les Sociétés, IS) on net taxable profit, with a minimum tax floor (Impôt Minimum Forfaitaire). Free-trade-zone enterprises benefit from holidays and reduced rates.

• Standard corporate income tax rate — 27 percent (Code Général des Impôts (Togo) — Impôt sur les Sociétés)
• Minimum tax (Impôt Minimum Forfaitaire) — Minimum tax floor applies; commonly cited minimum of XOF 3,000 XOF ((approx — confirm; minimum is usually computed as a % of turnover with a floor)) XOF (Code Général des Impôts (Togo) — Impôt Minimum Forfaitaire)
• Tax base — Net taxable profit (worldwide for resident companies on Togo-attributable activity) (Code Général des Impôts (Togo) — Impôt sur les Sociétés)
• Capital gains — Corporate capital gains taxed as ordinary income at the IS rate (Code Général des Impôts (Togo))
• Withholding tax — dividends — 13% standard; 7% for listed WAEMU companies; 0% for qualifying resident parent/subsidiary percent (Code Général des Impôts (Togo))
• Withholding tax — interest — 13% individuals; 6% companies; 3% medium-term bonds; 0% long-term government bonds percent (Code Général des Impôts (Togo))
• Withholding tax — royalties — 20% to non-residents; 5%/10% to residents (with/without tax number) percent (Code Général des Impôts (Togo))
• Employer payroll tax (taxe sur les salaires) — 3% on gross salaries percent (Code Général des Impôts (Togo))
• Registration duty on capital contributions — 2% on capital contributions ((approx — confirm)) percent (Code Général des Impôts (Togo))
• Annual IS return deadline — 31 March of the following year (Code Général des Impôts (Togo))
• Free-trade-zone incentive — Tax holidays and reduced rates for Free Trade Zone enterprises (Togo Free Trade Zone regime)