按地区划分的税率 贝宁

VAT Rates for SaaS Sales in Benin: A Comprehensive Guide

For SaaS sales in Benin, the standard VAT rate is 18%. This applies to the majority of digital services provided to businesses and consumers. However, a reduced rate of 9% may be applicable to specific categories of products or services, such as educational or medical services, or certain cultural products. Businesses must be aware of these exemptions and ensure they apply the correct VAT rate to their transactions.

VAT Compliance in Benin: Registration, Returns, and Record-Keeping

Compliance with Benin’s VAT system requires businesses to register for VAT if their taxable turnover exceeds the threshold. They must then file VAT returns monthly, by the 15th of the month following the reporting period. These returns should accurately reflect all taxable transactions, including sales and purchases, and calculate the VAT due based on the applicable rate. It’s crucial to maintain proper records of all transactions (invoices, receipts, etc.) for a minimum of 5 years to comply with audit requirements. Additionally, e-invoicing is becoming increasingly common in Benin, and businesses are encouraged to adopt this method for improved efficiency and compliance.