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INTRODUCTION

The Cape Verde Islands (Cape Verde) or Cabo Verde, located off the coast of West Africa. The economy of Cape Verde is service-oriented, with commerce, transport, and public services accounting for more than 70% of gross domestic product. The capital of Cape Verde is Praia. The currency is the Cape Verdean Escudo (CVE).

Abbreviations:

CVE Cape Verdean Escudo
CFC / CFE Controlled Foreign Country / Controlled Foreign Entity
CIT / IUR Corporate Income Tax (Imposto sobre o Rendimento das Pessoas Coletivas – "IRPC")
DGCI Direcção Geral de Contribução e Impostos
EUR Euro
IBC / CIN International Business Centre
IGA Intergovernmental Agreement
IUP Property Tax (Imposto Único sobre o Património)
NIF Tax Identification Number / Número de Identificação Fiscal
LDA Limited Company (Sociedade Por Quotas)
OECD Organization for Economic Cooperation and Development
PE Permanent Establishment
SA Joint Stock Company (Sociedade Anónima)
SST Single Special Tax
WHT Withholding Tax