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.

2023 PwC. This communication is of an informative nature and intended for general purposes only. It does not address any particular person or entity nor does it relate to any specific situation or circumstance. PricewaterhouseCoopers Tax Services TLS, Lda. We will not accept any responsibility arising from reliance on information hereby transmitted, which is not intended to be a substitute for specific professional business advice.

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Rosa Areias

Rosa Areias

Tax Lead Partner | Entrepreneurial & Private Business Leader | Member of the Executive Committee, PwC Portugal

Tel: Tel: +351 225 433 101

Leendert Verschoor

Leendert Verschoor

Partner, PwC Portugal

Tel: +351 917 887 221

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