A locally engaged compliance contact, whether an employee or an appointed liaison, keeps the entity responsive to BCV’s ongoing reporting expectations after registration, a role comparable to the compliance liaison other registration-based regimes require.
What Is the Taxation for Crypto Companies in Cape Verde
Cape Verde has no tax law written specifically for cryptocurrency. General corporate tax principles apply to a registered virtual-asset business the same way they apply to any other Cape Verdean company, and the applicable rate depends heavily on where and how the entity is structured.
The standard corporate income tax (IRPC) rate of 20% applies to companies operating under the general regime, with an additional municipal surcharge in effect for entities based in the country’s main business centers. Two reduced-rate regimes exist for internationally oriented companies: the International Business Centre, whose rate scales down as the company creates local jobs, and the Special Economic Zone for Technologies, aimed at technology-classified businesses. Neither reduction is automatic; each carries its own eligibility criteria tied to job creation, sector classification, or investment size.
Capital gains and VAT follow the general regime, and Cape Verde has not enacted crypto-specific guidance for either. Whether a given transaction counts as ordinary income, a capital gain, or exempt foreign-sourced revenue depends on the business model and where counterparties are located, a determination worth confirming with a tax advisor before the entity’s first filing.
