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São Tomé and Príncipe introduces VAT

  • VAT
  • 29 September 2015 | Richard Asquith

São Tomé and Príncipe introduces VAT

The island nation of São Tomé and Príncipe, off the west coast of Africa, has announced plans to introduce a Value Added Tax regime. The new VAT system will be introduced by 2017.

Currently, the country has a sales tax on goods (up to 140%) and services (5%).


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.