Cape Verde: Government Establishes Customs and Tax Authority to Modernize Revenue Collection
Read Next
Salim Valá Highlights FDEL as a Pillar of Economic Decentralization and Local Development
The Cape Verdean government has created the Autoridade Tributária e Aduaneira (ATCV), a public institute with administrative and financial autonomy that will replace the National Directorate of State Revenues and modernize tax collection and customs oversight.
“With the creation of the ATCV, Cape Verde takes another step forward in modernizing tax administration.” The new institute will also “enhance the effectiveness and efficiency of operations in a flexible way, capable of adapting to changes and the growing demands of taxpayers in a globalized and increasingly automated context,” reads the Official Gazette published on Tuesday (4), according to Lusa.
The government’s program and the 2021–26 confidence motion include measures to strengthen tax competitiveness, increase administrative efficiency, combat tax evasion, and expand the taxpayer base.
The ATCV succeeds the National Directorate of State Revenues (DNRE), assuming its responsibilities, contracts, and procedures, while retaining the current staff.
Headquartered in the city of Praia, the authority’s jurisdiction covers the entire national territory. Its structure includes a board of directors—composed of a president and two members—a fiscal and advisory council responsible for supporting strategic decisions.
Among the institution’s responsibilities are collecting taxes and customs duties, ensuring tax justice, managing information systems, promoting tax citizenship, proposing system improvements, and signing international tax cooperation agreements.
The institute will have its own budget, composed of state allocations and self-generated revenues, including percentages of enforced collections, fines, and other service fees. Its employees will follow the public employment framework, with the option to form temporary teams through individual labor contracts.
The transition from DNRE to ATCV will take place gradually over the course of one year, allowing for the phased installation of infrastructure and team adaptation to the new model, which aims to give Cape Verde’s tax administration greater autonomy and operational flexibility.
The government noted that international experience shows countries with more autonomous tax authorities have advanced in improving their fiscal systems.
“According to the International Monetary Fund (IMF) technical assistance report from August 2021, Cape Verde is at a historic moment conducive to establishing a tax authority that could place the country’s administration at the forefront in Africa and make it one of the most modern in the world,” the document adds.
SUBSCRIBE TO GET OUR NEWSLETTERS:
See Also
Zimbabwe: Gold Rally Fuels 45% Surge in Stock Market Shares
Daily News Tenders of the Day Energy Weekly News Top 10 Weekly Mozambican News • Every Saturday
Tags
ATCV Cape Verde Government headline
Tax Revenues Drop to $3.6 Billion in First Nine Months
Previous Article
Salim Valá Highlights FDEL as a Pillar of Economic Decentralization and Local Development
Next Article
Related Posts
Tanzania, Al Dahra Sign $100m Farm Deal
Malawi Suspends Mining Licences and Raw Mineral Exports in Sector Reset
Namibia: China Delivers Satellite Ground Station to Strengthen Space Science and Disaster Response
Africa: Outgoing AU President Calls for Significant Investment in Water and Sanitation
Africa: China to Implement Zero Tariffs on Imports from 53 Countries
Africa: Italy Proposes Debt Suspension Mechanism for Countries Affected by Extreme Weather Events
Top Ten African Countries with The Most Access to Foreign Exchange Right Now
African Union: João Lourenço Highlights “Encouraging” Cooperation Between Africa and Other Continents in Addis Ababa
Tanzania Expands Southern Tourism Infrastructure
Gabon, South Africa Sign Geoscience Pact
Zambia’s 13.5% Rate Cut Marks Transition from Stabilisation to Recovery
Italy to Host Italy-Africa Summit in Ethiopia
Tax Revenues Drop to $3.6 Billion in First Nine Months
06/11/2025
Read Next
Cape Verde: Government Establishes Customs and Tax Authority to Modernize Revenue Collection
The Ministry of Finance reported that state-collected taxes declined by 1% in the first nine months of the year, totaling 233.6 billion meticais ($3.6 billion), according to budget execution data cited by Lusa.
According to the report, this represents 68.9% of the government’s projected target of 339.2 billion meticais ($5.2 billion) in tax revenues for 2025.
“Value-Added Tax (VAT) brought in 54.9 billion meticais ($851 million) over nine months, down 5.9% year-on-year, lagging behind Corporate Income Tax (IRPC) at 77 billion meticais ($1.1 billion), up 2.4%, and Personal Income Tax (IRPS) at 48.8 billion meticais ($757 million), up 6.5%.”
The report noted that in the same period last year, tax collections amounted to 235.5 billion meticais ($3.5 billion).
Recently, the government announced it expects economic growth of 3.2% in 2026, according to the budget proposal for that year, which projects a Gross Domestic Product (GDP) of 1.6 trillion meticais ($23.5 billion).
This estimate represents a slight acceleration compared to the 2.9% projected for 2025 and the 2.2% recorded in 2024, years marked by political instability in the post-election period. In 2023, economic growth reached 5%.
For 2025, the government estimates a nominal GDP of 1.5 trillion meticais ($21.8 billion), compared to 1.4 trillion meticais ($20.5 billion) in 2024.
In the macroeconomic framework of the 2026 budget, inflation is projected at 3.7%, lower than the 7% forecast for 2025 and 3.2% recorded in 2024. Net International Reserves are expected to cover 4.4 months of imports in 2026, compared with 4.7 months estimated for 2025 and five months in 2024.
Regarding foreign trade, the government expects exports to increase from $8.2 billion in 2025 to $8.4 billion in 2026. However, imports are projected to rise from $9.2 billion to $9.5 billion over the same period, maintaining the trade deficit.
Tags
headline IVA Mozambique Tax Revenues Drop
Related Posts
International Transparency: After the Grey List, the Real Challenge Begins Now
EY TAX ALERT: Changes to VAT Legislation
Tax Authority Recovers More Than €81 Million in Taxes Since 2021 Through Customs Violations
EU Announces Humanitarian Aid of Over One Million Euros to Mozambique and Malawi
Mozambique’s Debt to Brazil Fell 11% to $25.6 Million Last September
BdM: Foreign Reserves Gain Momentum and Exceed US$4 Billion in November 2025
Members of Parliament Donate More Than 2.7 Million Meticais to Flood Victims
Mozambique Tax Authority Expects Additional €200 Million in 2026 from Digital Services Taxation
Government Announces Partial Payment of 13th Salary to Public Servants
Nampula: Education Sector Plans to Hire More Than Three Thousand Teachers for the 2025 Academic Year
Oxford Economics Warns of Default Risk in Angola and Currency Devaluation in Mozambique
BdM: International Reserves Fall to $4.4 Billion in October
