Type: Legislation
Madagascar has introduced a Value Added Tax (VAT) on digital and electronic services provided by foreign entities to local consumers, requiring the appointment of local fiscal representatives for VAT registration and reporting. Non-resident providers of B2B digital services are exempt from direct registration with the Revenue Authority, as their local representatives are responsible for VAT collections and remittances. The VAT rate is set at 20%, with no registration threshold for electronic services, necessitating VAT collection and remittance from the first sale. Compliance requires monthly returns, with payments due by the 15th of the following month. The VAT Calc platform offers tools to simplify VAT filings and ensure accuracy in submissions.
Effective Date: Immediate
