Senegal Corporate Tax Guide 2026

Overview — Corporate Tax in Senegal

Corporate tax in Senegal is governed by the Code Général des Impôts (CGI) and administered by the Direction Générale des Impôts et Domaines (DGID). A company is tax resident if it has its registered office or place of effective management in Senegal. Resident companies are taxed on worldwide income; non-resident companies with a permanent establishment are taxed on Senegal-source income only. Companies must register for tax with DGID and obtain a Numéro d'Identification Fiscal (NIF). The tax year aligns with the calendar year. Annual returns are due within four months after the end of the accounting period.

Standard Corporate Tax Rate — 25%

The standard IS rate for resident companies in Senegal is 25% of taxable profits. Non-resident companies with a permanent establishment in Senegal are also taxed at 25% on Senegal-source income. Taxable profit is computed as gross revenue less allowable deductions including operating expenses, depreciation, interest costs, and losses carried forward. Losses may be carried forward for up to 3 years. Capital gains are included in ordinary taxable income and taxed at the standard corporate rate.

Reduced Rates — Agriculture & Livestock — 15%

Companies engaged in agricultural, livestock, or fishing activities benefit from a reduced IS rate of 15%. This incentive is designed to promote primary production and food security. To qualify, the company must derive at least 50% of its gross income from qualifying agricultural or livestock activities. Qualifying activities include crop cultivation, animal husbandry, forestry, and fishing. Agricultural companies may also benefit from additional tax incentives including exemption from the CGE minimum tax and reduced registration duties on land acquisitions.

New Industrial Companies — 5% for First 3 Years

New industrial companies benefit from a reduced IS rate of 5% during their first 3 years of operation. This incentive is designed to encourage industrial investment and manufacturing in Senegal. To qualify, the company must be newly established and engaged in industrial or manufacturing activities. After the 3-year period, the company transitions to the standard 25% rate. The incentive is part of Senegal's Plan Sénégal Émergent (PSE) industrialisation strategy. Companies must apply for this status at the time of registration and meet specific investment and employment criteria.

CGE — Minimum Tax (Contribution Globale Unique) — 0.5%

The Contribution Globale Unique (CGE) is a minimum tax payable when the standard IS liability is less than 0.5% of turnover. The CGE applies to all companies regardless of profitability. The basis is gross turnover (excluding TVA). The CGE is calculated as 0.5% of turnover and is payable as a minimum, even for loss-making companies. The CGE is creditable against future IS liabilities. Certain companies may be exempt from the CGE including new companies during their first 3 years, agricultural enterprises, and companies operating in regional investment zones.

Regional Investment Zones — 0%

Companies operating in designated regional investment zones (zones d'investissement régionales) may benefit from a full exemption from IS for a specified period. These zones are established to promote economic development outside the Dakar region and to attract investment to less developed areas. The exemption period varies by zone and investment size, typically ranging from 5 to 15 years. Qualifying companies must meet minimum investment thresholds and employment creation targets. The exemption covers IS, CGE, and certain local taxes.

FAQs

What is the penalty for late filing of corporate tax returns?

Late filing attracts a penalty of 10% of the tax due plus interest at 1.5% per month on unpaid tax. Additional penalties may apply for failure to maintain proper records or for tax evasion.

Can foreign companies claim treaty relief?

Yes, Senegal has an expanding network of double tax treaties. Treaty relief may reduce withholding tax rates on dividends, interest, and royalties paid to non-residents.

Is the CGE payable if the company has no turnover?

Yes, the CGE is based on turnover. If the company has zero turnover, no CGE is due. However, the company must still file a nil return.

Disclaimer

This guide provides general information about Senegalese corporate tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Senegalese tax advisor or the Direction Générale des Impôts et Domaines for advice specific to your situation. InvestmentKit does not provide tax advice.