Africa

Senegal

Corporate rate
30%
Top personal rate
43%
VAT / GST rate
18%
One-sentence summary Senegal's corporate tax position: 30. Personal income tax: progressive, maximum 43. VAT/consumption tax: 18.

Corporate Tax Rate

Senegal's headline corporate income tax (CIT) rate is 30.

Personal Tax Rate

The headline personal income tax (PIT) rate is progressive, maximum 43.

VAT / GST Rate

The standard VAT/GST (or equivalent consumption tax) rate is 18. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.

Residency

An individual is a Senegalese tax resident if their center of economic interests is in Senegal (a DTT may organize residency/domicile differently where applicable). Residents are taxed on worldwide income; salary income is taxable in Senegal regardless of residence status provided the work is performed there or the employer is established there.

CFC Rules

Senegal has no specific CFC rules, though general anti-tax-evasion measures exist.

Thin Capitalization

Senegal has no fixed debt-to-equity thin capitalization ratio, but restricts shareholder-loan interest deductibility: the loan cannot exceed the company's (fully paid-up) share capital, and the applicable interest rate is capped at the BCEAO (West African States Central Bank) lending rate plus 2-3 percentage points (sources vary on the exact margin) at the time interest falls due.

Treaty Network

Senegal has concluded double tax treaties with a number of countries including the UK and France, plus participates in the West African Economic and Monetary Union (WAEMU/UEMOA) framework alongside Benin, Burkina Faso, Cote d'Ivoire, Guinea-Bissau, Mali, Niger, and Togo.

Source: PwC Worldwide Tax Summaries - Senegal (secondary compilation, cited per jurisdiction). Rates last reviewed by PwC: 07 August 2026. Page last verified: August 07, 2026. General information only - confirm current rates and any specific position with a licensed advisor in this jurisdiction before relying on this page.