Cabo Verde – 2023 State Budget published

In brief

Law no. 16/X/2022, of 30 December, published in the Official Gazette, approves the 2023 State Budget Law (SB 2023).  It is effective from 1 January 2023.

In detail

The tax provisions foreseen in the SB 2023 Law proposal were approved, with the following exceptions:

• Technological Free Zones Regime (“Zonas Livres Tecnológicas”);
• The revocation of the mandatory insertion of the tax identification number in sales and services receipts upon request of the acquirer.

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