Page 17 - Nexia SAB&T Africa Overview 2025

Comoros (GMT +3)

General:
▪ Capital City: Moroni
▪ Official Language: French and Arabic
▪ Currency: Comorian Franc (KMF)
▪ Main Exports: Cloves, ylang-ylang, perfume essences, vanilla, copra
▪ Surface Area: 1.9 sq. km (thousands)
▪ Population: 0,8 million (2025,est)
Key Economic Indicators:
▪ GDP: $1,4 billion (2023) / GDP Growth Rate: 3.5% (2024)
▪ CPI Inflation Rate (annual): 2.2% (2025)
▪ Sovereign Credit Rating: Currently no rating
▪ Indicator of Economic Freedom Score: 51.4/100 (2025): Mostly Unfree
Exchange Controls:
▪ N/A
Basis of Taxation: (Tax Year End: 31 December)
▪ Generally source based for residents and non-residents

Tax Rates:
▪ Individuals: Progressive rates to 30%
▪ Companies: 30%
▪ VAT: 10%
▪ Withholding Tax: Varying rates apply to residents and non-residents
▪ Capital Gains Tax (CGT): Taxable at varying rates
▪ Double Taxation Agreements: N/A
Useful links:
▪ Union of Comoros Government http://www.beit-salam.km
▪ Central Bank of Comoros http://www.banque-comores.km
▪ ANPI (Investment Authority) http://www.investcomoros.net

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