Senegal
Senegal: 5 company types, its taxes, banking and business environment.
Forming a company
Company types in Senegal
The 5 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Senegal. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Senegal.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Senegal: where to register, file and check.
Blocs and agreements
The trade arrangements Senegal belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- African Continental Free Trade Area
- Free trade area · since 30 May 2019
Covers goods, services.
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means a Member State that has ratified or acceded to this Agreement and for which the Agreement is in force
- ECOWAS
- Customs union · since 28 May 1975
Covers goods, a common external tariff, movement of people, establishment.
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Cabo Verde joined the union in 1977.
- West African Economic and Monetary Union (UEMOA)
- Economic union
Covers goods, services, establishment, capital, movement of people, a common external tariff, a common currency.
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regroupe huit États côtiers et sahéliens : Bénin, Burkina Faso, Côte d'Ivoire, Guinée-Bissau, Mali, Niger, Sénégal et Togo
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 30%
- Distributions
- Not in our records
- Audit
- Statutory auditor required only where two of three thresholds are exceeded: balance sheet over 125 000 000 F CFA, turnover over 250 000 000 F CFA, more than 50 permanent staff; otherwise optional (Act art. 376)Official The registry or ministry page as of 2026-10-15
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Pour les autres sociétés à responsabilité limitée ne remplissant pas ces critères, la nomination d'un commissaire aux comptes est facultative.
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Senegal, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Senegal.
Tax calendar
When the main returns and payments fall due in Senegal, tax year 2025, as the tax authority states it.
- Corporate tax return
- 30 April · each year
a company files its annual profit (corporate income tax) return by 30 April of the year following the year of assessment; the DGID calendar gives '30 avr. - Déclaration résultat IR/IS + 2e acompte'.
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30 avr. - Déclaration résultat IR/IS + 2e acompte
- Corporate tax, final payment
- 15 June · each year
the balance of corporate income tax is paid by 15 June (the DGID calendar gives '15 juin - Solde IS/IR + TCA'), after the two provisional instalments.
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15 juin - Solde IS/IR + TCA
- Corporate tax, instalments
- 15 February · twice a year
a company pays provisional instalments of corporate income tax during the year; the first is due 15 February and the second with the return on 30 April, with the balance on 15 June. The rule records the first instalment.
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15 fév. - 1er acompte IS/IR
- Personal income-tax return
- 30 April · each year
an individual with business or non-commercial profit files the annual income tax return by 30 April of the following year; the DGID calendar gives '30 avr. - Déclaration résultat IR/IS + 2e acompte'.
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30 avr. - Déclaration résultat IR/IS + 2e acompte
- Personal income tax, final payment
- 15 June · each year
the balance of individual income tax is paid by 15 June (the DGID calendar gives '15 juin - Solde IS/IR + TCA'), after the provisional instalments.
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15 juin - Solde IS/IR + TCA
- Personal income tax, instalments
- 15 February · twice a year
an individual pays provisional instalments of income tax; the first is due 15 February and the second with the return on 30 April, with the balance on 15 June. The rule records the first instalment.
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15 fév. - 1er acompte IS/IR
- VAT return
- Day 15 of the following month · each month
a VAT-registered business files the VAT return and pays the tax by the 15th of the month following the period; the DGID calendar gives '15 du mois - TVA + VRS + BRS + Retenues loyers'.
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15 du mois - TVA + VRS + BRS + Retenues loyers
- Payroll withholding
- Day 15 of the following month · each month
an employer remits the income tax withheld from salaries, and the withholding on rents and services, by the 15th of the month following the period; the DGID calendar gives '15 du mois - TVA + VRS + BRS + Retenues loyers' (VRS = versement des retenues sur salaires, BRS = retenues sur loyers et prestations).
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15 du mois - TVA + VRS + BRS + Retenues loyers
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Senegal yet.
Economy and trade
What it exports
Goods Senegal exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Senegal’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 12.1% | 16.6% | 16.9% | US$1.1 bn |
| Petroleum oils and oils obtained from bituminous minerals, crude HS 2709 | 0.42% | 0.33% | 13.3% | US$890 m |
| Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form HS 7108 | 15.5% | 18.5% | 12.3% | US$824 m |
| Diphosphorus pentaoxide; phosphoric acid; polyphosphoric acids, whether or not chemically defined HS 2809 | 16.7% | 8.4% | 6.8% | US$453 m |
| Fish, frozen, excluding fish fillets and other fish meat of heading 0304 HS 0303 | 4.4% | 4.8% | 3.5% | US$233 m |
| Groundnuts, not roasted or otherwise cooked, whether or not shelled or broken HS 1202 | 2.3% | 2.5% | 2.9% | US$196 m |
| Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers HS 2523 | 1.8% | 3.2% | 2.7% | US$180 m |
| Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk HS 2510 | 1.4% | 1.6% | 2.5% | US$169 m |
| Titanium ores and concentrates HS 2614 | 2.8% | 2.9% | 2.5% | US$168 m |
| Soups and broths and preparations therefor; homogenised composite food preparations HS 2104 | 2.3% | 2.1% | 2.2% | US$146 m |
Total goods exports, 2024: US$6.7 bn. The ten largest headings are shown.