Accounting and tax

Niger tax

  1. The standard corporate tax rate for companies registered in Niger is 30% on all profits. The tax year in Niger is the calendar year and annual tax returns must be filed by 30th April of the subsequent year. Penalties apply for late filing, late payment, failure to file and filing an incorrect return. The amount of penalty depends on nature of violation;
  2. Branches pay a corporate tax rate of 30% and there is no additional tax on branch remittances;
  3. In Niger, VAT is levied at a flat rate of 19% on all goods, services and imports. All companies are required to have a tax identification number that must appear on all invoices. VAT returns must be submitted i) by the 15th of the subsequent month following the month of the transaction for large companies and ii) by the 15th of the trimester following the month of the transaction for small and medium-sized companies;
  4. Capital gains tax in Niger is subject to the standard corporate tax rate of 30%. Gains from sale of fixed assets used in the taxpayer’s business may be deferred if the company commits to re-invest the gains in Niger within 3 years along with the acquisition cost of the assets sold;
  5. Withholding tax is levied in Niger on i) dividends at the rate of 10% unless the rate is reduced by a tax treaty and at the rate of 7% for dividends distributed by companies listed on a stock exchange approved by the Regional Council for Public Savings and Financial Markets (CREPMF) in the UEMOA ii) interest at the rate of 20% unless the rate is reduced by a tax treaty iii) royalties paid to a non-resident at the rate of 10% unless the rate is reduced by a tax treaty iv) technical services fees at the rate of 16% and v) amounts paid as compensation for services at the rate of 16%;
  6. Capital duty is levied at a flat rate of US$3 per page on acts establishing the formation, extension, amendment or dissolution of a company, or an increase in depreciation, amortization or depreciation of its capital;
  7. Losses may be carried forward for three years following the year the losses were incurred and may be deducted from the corporate income tax base;
  8. Employers must submit to the relevant authorities i) payroll tax at the rate of 2% of gross salary for Niger nationals and 4% for expatriates ii) social security contributions at the rate of 15.9% of their employees’ gross salaries;
  9. Stamp duty is levied on cash transactions based on the transaction amount. A business license tax at a fixed annual rate which is variable depending on the nature and scope of business activities;
  10. Real property tax is levied at the rate of 1% on property owned by a company. Transfer tax is not levied in Niger;
  11. Niger has signed double tax treaties with France and the other member states of UEMOA which include Benin, Cote d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo;
  12. There is no limit on profit repatriation in Niger, although supporting documentation must be provided for outbound transfers of income in foreign currency. Residents are required to transfer any income in foreign currency to an approved intermediary;
  13. Healy Consultants Compliance Department will assist our Clients with i) documenting and implementing accounting procedures ii) implementing financial accounting software iii) preparation of financial accounting records and iv) preparing forecasts, budget and sensitivity analysis;
  14. It is important our Clients’ are aware of their personal and corporate tax obligations in their country of residence and domicile; and they will fulfill those obligations annually. Let us know if you need Healy Consultants’ help to clarify your annual reporting obligations.

Contact us

For additional information on our accounting and tax services in niger, please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
Chamber of Commerce and Industry BCEAO - central bank of west african states Niger State One Stop Investment Centre Ministry of Justice