Nestled along the southeastern African coast, the Comoros Islands beckon investors with a promise of untapped opportunities. These exotic lands boast alluring tax rates, enticing ventures in burgeoning domains such as tourism, agriculture, and financial services, thereby establishing a veritable offshore haven for prospective investments. They steadfast in its dedication to economic progress, manifests this resolve through a series of reformative endeavors and the initiation of foreign direct investment enticements. Confidentiality becomes a shield for foreign investors, as the public records abstain from the obligatory revelation of shareholders’ identities, adding a protective layer of security to the transactional landscape.
Foreign capital is drawn to the archipelago, enticed by a taxation approach modeled after the French system. This structure extends a complete waiver for revenue generated beyond the confines of the islands. Meanwhile, the General Tax Code asserts a 35% levy on corporate profits, escalating to 50% for those surpassing 500 million KMF within the islandsβ jurisdiction. Earnings crafted outside it are granted immunity from taxation, presenting an enticing haven for offshore activities. The veil of confidentiality shrouds shareholder identities, adding a layer of discretion. A nominal minimum threshold of $1,763 USD for authorized share capital caters to an accessible entry point for businesses. It merits consideration, however, that investors hailing from nations enforcing global income taxation must dutifully report all proceeds to their native tax authorities.
Integral to the nation’s economic framework, the banking system of the Islands falls under the watchful gaze of the Central Bank, shaped by the combined influences of the Bank of France and the Comorian Government. This intricate network comprises six primary banks, alongside the mutual savings entities SANDUK and MECK. The BCC exercises regulatory oversight over nascent banking entities, implementing mandatory reserves and surveillance mechanisms to fortify financial equilibrium. The imprimatur of the World Bank lends a global sheen, bolstering international standing and substantiating economic advancement initiatives spanning diverse sectors.
Positioned as an up-and-coming haven for offshore dealings, the Islands extend advantages to foreign entities venturing into business endeavors, nurturing an environment conducive to entrepreneurial exploits and financial investments.
Crucially, the Islands uphold the privacy mantle for foreign investors, with the discreet omission of shareholders’ identities from public records.