Africa · Tax guide
Madagascar
Madagascar taxes company profits at 20%, with a minimum tax payable even in loss years, and charges VAT at 20%. Services paid abroad carry 10% withholding, and taxes are administered by the Direction Générale des Impôts (DGI).
At a glance
- Corporate income tax (IR)
- 20%
- VAT
- 20%
- Withholding on services abroad
- 10%
Minimum tax applies
Standard rate
Paid to non-residents
Income tax
Companies pay income tax (IR) at 20%, subject to a minimum amount based on turnover. Instalments are paid during the year and the annual return is due by 15 May for calendar-year companies. Small businesses pay the synthetic tax (IS) on turnover instead.
VAT
VAT is 20%, with returns filed monthly by the 15th through the e-HETRA portal.
Payments abroad
Services paid to non-residents carry 10% withholding unless a treaty lowers it. Madagascar has very few tax treaties.
Key dates
- By the 15th of each monthVAT return
- 15 MayAnnual income tax return
Figures and sources
3 figures- Corporate income tax rate20%Under professional review
- Standard VAT rate20%Under professional review
- Withholding on services paid to non-residents10%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Madagascar based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Madagascar (a tax adviser in Madagascar) before making compliance decisions.