Comoros Wealth Tax Guide: No Wealth Tax, No Net Worth Tax 2026
Comoros does not impose any form of wealth tax, net worth tax, or solidarity tax on individuals or companies. There is no annual tax on total assets, financial wealth, or high net worth. This makes Comoros an attractive jurisdiction for wealth preservation in the Indian Ocean region. Here is how wealth taxation works in 2026.
Unlike several countries that levy annual wealth taxes (France, Norway, Spain, Switzerland), Comoros has completely abstained from introducing any recurring wealth-based tax. There is no tax on net worth, no tax on financial assets, no tax on bank deposits, and no tax on investment portfolios. This policy aligns with Comoros' strategy to attract foreign investment and high-net-worth individuals from francophone Africa and beyond. No inheritance or gift tax either →
Real-world example: An individual with net worth of KMF 500,000,000 (cash, shares, real estate, businesses) in Comoros pays KMF 0 in wealth tax. In France, the same net worth would trigger the Impôt sur la Fortune Immobilière (IFI) at progressive rates up to 1.5% on real estate assets above €1.3 million. In Kenya, no wealth tax applies, but capital gains tax at 15% may apply on asset disposals. Over 10 years, the Comoros-based individual saves potentially millions compared to wealth-tax jurisdictions. Personal income tax →
What Comoros Does Not Tax
- Net worth: No annual tax on total assets minus liabilities
- Financial assets: No tax on shares, bonds, mutual funds, ETFs, or other securities held
- Bank deposits: No tax on cash held in bank accounts
- Real estate holdings: Only a small annual property tax on rental value (~0.2%) — no wealth tax on property value
- Business assets: No tax on company shares, partnership interests, or business ownership
- Luxury assets: No tax on art, jewelry, vehicles, yachts, or other luxury goods
Taxes That Do Apply to Asset Owners
While there is no wealth tax, asset owners in Comoros do face some related taxes and costs:
- Income tax on investment returns: Dividends, interest, and rental income are taxed (see investment income and rental guides)
- Property transfer tax: One-time tax on purchase at approximately 5%
- Annual property tax: Minimal tax at ~0.2% of rental value
- VAT on consumption: 10% standard rate on goods and services
Comparison with Wealth Tax Countries
- Comoros: 0% wealth tax, 0% net worth tax
- France: IFI up to 1.5% on real estate assets above €1.3M
- Norway: 1.1% on net worth above NOK 1.7M
- Switzerland: Cantonal rates 0.2-1% on net worth (varies by canton)
- Spain: Wealth tax up to 3.5% on net worth above €700K (varies by region)
- Netherlands: Notional return tax on savings and investments
- Kenya: No wealth tax (CGT 15% on asset disposals only)
Could Comoros introduce a wealth tax in the future?
As of 2026, there is no legislative proposal or public discussion about introducing a wealth tax in Comoros. The government's tax policy focuses on maintaining competitive rates to attract foreign investment in key sectors like tourism, agriculture, and fisheries. CIT and VAT remain the primary revenue sources.
Is there any minimum tax for wealthy individuals?
No. Comoros does not have an alternative minimum tax, a minimum wealth tax, or any deemed income tax for high-net-worth individuals. There is no exit tax for individuals leaving Comoros either.