Somalia vs Cape Verde
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇸🇴 Somalia — Somalia Tax System
Somalia's formal tax system is extremely limited. The Federal Government has been rebuilding fiscal capacity since 2012 after decades of civil war. Tax revenue is less than 2% of GDP. Customs duties at ports (especially Mogadishu) are the main revenue source. Al-Shabaab controls much of the south and runs a parallel extortion-based taxation system. Income tax legislation exists on paper but enforcement is minimal.
🇨🇻 Cape Verde — Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
Somalia vs Cape Verde: Key Tax Differences (2026)
💰 Income Tax: 🇸🇴 Somalia has a higher top income tax rate (0–30% vs 0–27.5%). 🇨🇻 Cape Verde is more favourable for high earners.
🛒 VAT/Sales Tax: Cape Verde has a higher consumption tax (10% vs 15%).
🏢 Corporate Tax: 🇨🇻 Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇸🇴 Somalia taxes investment gains at a lower rate (0% vs 25%), benefiting investors.