Uncategorized

Tax Declarations in Madagascar: your guide

Are you wondering what tax declarations are mandatory in Madagascar? Did you know that failing to file these declarations could lead to heavy penalties? To ensure your business complies with regulations, it’s essential to have a clear understanding of tax declarations in Madagascar. Here’s a complete guide to help...
Uncategorized

Changes Introduced by the 2020 Amended Finance Act

Given the multiple challenges Madagascar faces, such as the construction of hospitals and schools, territorial development, and the uncertainty of Covid-19 (declared a pandemic by the WHO), the government has aimed to adjust fiscal measures to mitigate the negative effects on the economy. In this context, the 2020 Amended...

OVERVIEW OF THE 2020 FINANCE BILL FOR MADAGASCAR

Bill No. 005/2019 dated October 30, 2019, outlines the Finance Law 2020 applicable to Madagascar. Several sectors will experience development through the changes brought about by this Finance Bill, including the food and industrial sectors. The latter will focus on encouraging companies that bring added value to set up...
Uncategorized

KEY CHANGES TO TAX PROCEDURES IN MADAGASCAR IN 2024

In confirmation of the amendments introduced by the 2024 Finance Law for Madagascar, there are several important adjustments to the Tax Procedure Code (TPC) in Madagascar. This article will guide you through everything you need to know. First, it addresses the obligations of taxpayers subject to the Synthetic Tax...
Uncategorized

All you need to know about social obligations for companies in Madagascar  

Are you looking to ensure compliance with the social obligations for companies in Madagascar ? To successfully grow your business and enhance your human capital, it is essential to be aware of these obligations. MDG Services guides you in ensuring your company’s compliance. Minimum Monthly Wage (MMW) When recruiting, you must...
Uncategorized

MONEY TRANSFER FROM or TO MADAGASCAR: CHALLENGES AND OUTLOOK

Money transfers to Madagascar : Simplicity and freedom At first glance, you’re probably wondering about the possibility to freely transfer money or conduct transactions with foreign service providers? Be aware that Malagasy law grants you a great deal of freedom in financial matters, including money transfers. However, this freedom comes...