Senegal is a country in West Africa. Senegal is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. Senegal also borders The Gambia, a country occupying a narrow sliver of land along the banks of the Gambia River, which separates Senegal’s southern region of Casamance from the rest of the country. Senegal also shares a maritime border with Cape Verde. Senegal’s economic and political capital is Dakar.
Capital: Dakar
Currency: CFA franc
Timezone: UTC
Corporate tax rate: 30% (15% for “Free Exporting Enterprises”)
Personal tax rate: 0-40%
Capital gains tax: 30%
VAT: 18%
Tax residence: 183 days out of any 365 day period rule: world income is taxed with some exceptions.
CFC Rules: No
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