São Tomé and Príncipe Tax Rates
São Tomé and Príncipe operates a progressive personal income tax system with rates up to 25%. The Direcção dos Impostos administers the system, featuring a 25% corporate tax rate and no VAT system. This small island nation in the Gulf of Guinea has an economy based on cocoa production, tourism, and fishing.
Top Income Tax Rate
25%
Corporate Tax Rate
25%
VAT / Sales Tax
0%
Capital Gains Tax
10%
Detailed Tax Information
Income Tax Brackets
São Tomé and Príncipe levies progressive income tax with rates from 0% to 25%. Employment income is subject to withholding.
| Income Range | Tax Rate |
|---|---|
| Db 0 – Db 21K | 0% |
| Db 21K – Db 35K | 10% |
| Db 35K – Db 65K | 15% |
| Db 65K – Db 95K | 20% |
| Db 95K+ | 25% |
Corporate Tax
The standard corporate tax rate is 25%. Free zone companies may benefit from tax incentives. Oil and gas exploration is subject to production sharing agreements.
Standard Rate
25%
Capital Gains Tax
Capital gains are subject to a 10% tax.
Rate
10%
VAT / Sales Tax
São Tomé and Príncipe does not have a VAT system. Indirect taxes include import duties and consumption taxes on specific goods.
Standard Rate
0%
Cryptocurrency Tax
São Tomé and Príncipe does not have cryptocurrency legislation.
Tax Treaties
São Tomé and Príncipe has very limited treaty coverage.
Treaty Network
2
Double taxation agreements
Major treaty partners:
Key Details
Relocate to São Tomé and Príncipe
See how much you could save by moving here from your current country.
+$5K
Tax in United States
$24K
24.4% effective
Tax in São Tomé and Príncipe
$19K
19.1% effective
You Save
21.4%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
