PUBLIC HOLIDAYS IN MADAGASCAR IN 2024

Decree No. 2024-108 of January 31, 2024, setting the public holidays in Madagascar for the same year, has been published. This year, 13 days of celebrations will punctuate the calendar, offering many opportunities for relaxation, discovery, and sharing with family or friends. Eid al-Fitr, the holiday marking the end of...

Long Stay Retirement Visa in Madagascar

Madagascar, a paradise island with breathtaking landscapes and a rich culture, is increasingly attracting foreign retirees. Indeed, the affordable cost of living, the warm welcome of the Malagasy people, and the tropical climate make this destination an ideal choice to enjoy a peaceful and sunny retirement. But how to obtain...

Heading for Madagascar: A Visa, A Dream!

Are you looking to broaden your horizons and settle in Madagascar? Are you intrigued by the professional prospects in this country? Or do you simply want to realize a personal project there (retirement, marriage, etc.)? If so, you should know that the visa application process is of paramount importance....

THE CRUCIAL ROLE OF WELL-MANAGED TAXATION

Taxation in Madagascar is a key element of the country’s economic development. A well-designed tax system encourages investment and stimulates the growth of local businesses. However, tax management also represents a major challenge for many companies, particularly due to the complexity of tax regulations. It is in this context...

VAT EXEMPT PRODUCTS IN MADAGASCAR

In order to promote the activities of certain social and other organizations, products are exempted from VAT (Value Added Tax). The exemptions vary according to the budgetary orientations of the Finance Law each year, as is the case in Madagascar. Taxable Activities in Madagascar The scope of VAT in Madagascar applies...
Uncategorized

MADAGASCAR: THE TREASURE TROVE

Madagascar is a large island that is not only home to exceptional biodiversity and a large number of endemic species, but also a treasure island hiding coveted natural wealth. We live on a gold mine, but also above precious stones, rare and valuable jewels. All these wonders encourage investors...

A GUIDE TO MASTERING THE COMPENSATION EVALUATION PROCESS

As a gesture of appreciation towards employees, salary review serves as a driver of motivation and commitment. This decision, made by the management, involves increasing salaries within a company. It is a strategic element for retaining talent. However, mastering this process is crucial to avoid counterproductive effects, including the...

UNDERSTANDING AND MANAGING PAYROLL EXPENSES

Setting Gross Salary Based on Minimum Wage and Worker Category When drafting the employment contract, the company will determine the Socio-Professional Category (CSP) of the worker based on their acquired qualifications and professional experience. There are 5 groups of Socio-Professional Categories (CSP) in Madagascar. Employees with CSP codes M1, M2,...