8.1.2. Other Taxes
The following table provides an overview of other taxes that may be imposed on a company doing business in the country.
| Tax Type | Rate(s) | Notes |
|---|---|---|
| Capital Duty | NA | |
| Payroll Tax / Salary Income Tax | 20% of taxable salary of employees | Salary income taxes are levied at a rate of 20% on the total taxable remuneration of employees, including salaries, allowances and any benefits in kind. Employers are required to withhold and pay the salary income tax. |
| Social Security Employer Contribution | 13% & 5% | Employers are required to contribute to national social security fund at 13% and to medical insurance organization at 5% of gross monthly remuneration of employees. |
| Social Security Employee Contribution | 1% | Employees are required to contribute 1% each of their gross salaries towards social security fund and to medical insurance organization, which is withheld by the employer. |
| Stamp Duty | NA | |
| Transfer Tax | NA | |
| Property Tax (Real property) | 5% - 10% | Real estate ownership tax is levied annually at the rate of 5% to 10% on the rental value of the property. Land ownership is also taxable depending on the nature of the land. |
| Customs Duty | 20% - 180% | Custom duty and import tax is payable on the goods imported in Madagascar. |
| Excise Duty | 5% to 325% depending on the type, quantity of product | Custom duty and import tax is payable on the goods imported in Madagascar. Excise duty applies on a range of goods and services such as tobacco, alcohol, lighters, and mobile phones. Excise duty rates range from 5% to 325% or depends on the nature and quantity of the product. |
| Registeration fees / duty | 0.5% - 5% depending on the nature of transaction | Registration fees is payable on transfer of title ownership of movable and immovable assets, transfers of interests, share capital increase and lease agreements. The highest rate of 5% is mainly applicable on transfer of assets and transfer of business. |