Care Watch
AFRICA

COMING UP EVENTS

NEWS ROOM

MADAGASCAR

Tax indicators

Companies:
• Company tax: Resident companies 25%
• Company tax: Non-resident companies 10% (withholding)
• Secondary Tax on Companies (STC) n/a
• General sales tax n/a
• Value-added tax 20%

Individuals:
• Fiscal year end n/a (monthly)
• Individual marginal tax rate (maximum) 25%
• Basis of taxation Source-based and / or
Residence-based

Withholding tax:
• Interest 25%
• Dividends 0%
• Royalties 25%
Exchange controls Exist
Double tax treaties Exist
Capital gains tax n/a

Madagascar has evolved into one of the world's most phenomenal destinations for natural history travel. The world's fourth-largest island contains an immense diversity flora and fauna. The island including seven of the world's nine species of the iconic Baobab tree, some Renowned national parks and World Heritage Site. Madagascar travel takes you through diverse habitats. We seek out some of the 40 different species of lemurs, a primate group found only on Madagascar, and identify many species of chameleons in their wild habitat as well as some of the world's most bizarre creatures on Earth like the nightmarish hissing cockroach, so-called Dracula ants, and the Giraffe-necked weevil. Rich and fascinating culture, heritage today is composed of 18 different ethnic groups that derive from a long history of trade and migration from throughout Indonesia, Africa and the Arabian Peninsula, all united today in a common Malagasy culture and language. Legendary hospitality of the Malagasy population. Madagascar have a lot of precious stones as well.

If you are flexible and looking for the unexpected, if you want to meet an extraordinary people, then go and discover this fascinating island!
Madagascar has world class tourism assets, and a high potential for tourism because of its biodiversity, unique wildlife, and long coastline.It is the world's fourth largest island , with almost 5,000 km (3,107 mi ) of coastline and a large continental shelf equal to 20% of the island's land area. Tourism is concentrated in three areas; around the Madagascar's capital Antananarivo , and the islands of Nosy Be in the northwest and Île Sainte-Marie to the east, where beach tourism is the main tourist attraction.
Madagascar has been isolated from the African landmass for approximately 165 million years and its flora and fauna evolved in isolation from that time onwards. The island is one of the world's most biologically diverse areas, with many endemic species. More than half of the island's breeding birds are endemic. Other endemic species include the Red-bellied Lemur , the Indri , and the Aye-aye . It is internationally renowned as a wildlife tourism and ecotourism destination, focusing on lemurs , birds, and orchids . The Indri is the largest lemur species. One of the best places to observe the Indri is the Analamazoatra Reserve (also known as Périnet), four hours away from the capital. The presence of the Indri has helped to make the Analamazoatra Reserve one of Madagascar's most popular tourist attractions.

MADAGASCAR

RAPID INFORMATION SHEET
(Actually based on the year 2007 estimates)
Geography
Official language French, Malagasy
Major religious groups Ethnic, Christian, Muslim
Capital Antananarivo
Population 19.6 m
Land area 587,041 km²
Population density (people/km²) 33.4

Key economic data
GDP US$ 5.5 bn
GDP per capita US$ 281
PPP GDP per capita n/a
Average Real GDP growth 2000-06 2.7%
Currency Malagasy franc
Inflation 10.8%
Key exports Textiles, vanilla, cloves, shellfish, petroleum products
Key imports Fuel products, capital goods, raw materials, food

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