Cabo Verde Gazettes Law on State Budget for 2026

The Cabo Verdean Official Gazette Dec. 31, 2025, published Law No. 69/X/2025, the 2026 budget. The law includes measures: 1) increasing, to 25,000 Cape Verdean escudos (US$264.52), the monthly minimum wage rate, effective Jan. 1, 2027; 2) setting a 20 percent general corporate income tax (IRPC) rate for companies under organized accounting; 3) applying a special tax regime for new residents, for seven consecutive years starting from the year of residence registration; 4) establishing mandatory electronic invoicing and updating the list of exemptions from invoicing; 5) providing various tax incentives for start-ups, profit reinvestment, and R&D; 6) providing a 130 ...