Bitcoin Tax in Cape Verde (2026)

No crypto-specific ruleResearch in progressLast reviewed 2026-09-06

The full guide for this country is being researched

What is on this page now is verified against the sources listed below: the tax authority, the governing rule and the shape of the regime. Rates, exemptions and the reporting duty land here once our research is reviewed.

The personal income tax code, the Codigo do IRPS approved by Lei n. 78/VIII/2014 and in force since 1 January 2015, is hosted in the DNRE legislation library, and none of its articles name crypto, virtual or digital assets. The code taxes an individual's income in five categories: dependent work and pensions (A), business and professional income (B), property income (C), capital income (D) and ganhos patrimoniais, or gains on assets (E). Article 1(3) says income in cash or in kind is taxable wherever it is obtained and whatever the currency or form in which it is earned. Article 17 lists the Category E gains: sales of real estate rights, contractual positions on real estate, partes sociais and other valores mobiliarios, intellectual or industrial property, and unjustified increases in wealth, plus gambling and lottery winnings. The code does not say whether a gain on bitcoin falls in any of those lines, and the copy in the DNRE library is the original 2014 text.

Regime: No crypto-specific rule
Tax authority: Direcao Nacional das Receitas de Estado (DNRE), Ministerio das Financas
Framework: Lei n. 78/VIII/2014 de 31 de Dezembro, Codigo do Imposto sobre o Rendimento das Pessoas Singulares (IRPS) (2014)
Losses: The code states no rule for offsetting or carrying forward a loss on the sale of an asset, and nothing about bitcoin.
Reporting duty: Under article 57 of the IRPS Code, taxpayers with income subject to mandatory aggregation, or who opt to aggregate, file an annual income declaration in the following year: by the end of March if they only have Category A income, and by the end of May in every other case.

Frequently asked questions

Does Cape Verde have a bitcoin or crypto tax rule?

No. None of the articles of the personal income tax code, the Codigo do IRPS approved by Lei n. 78/VIII/2014, name crypto, virtual or digital assets. It taxes income in five categories, from dependent work to gains on assets, and does not say where a bitcoin gain would fall.

How does Cape Verde tax a gain on selling an asset?

Article 17 of the IRPS Code lists Category E gains: sales of real estate rights, of partes sociais and other valores mobiliarios, of intellectual or industrial property, and unjustified increases in wealth. Article 40 taxes them on the gross value by a final withholding with no aggregation option, and article 50 sets the rate at 1% for those gains and 20% for gambling, lottery and prize winnings. The code does not name bitcoin.

What are the personal income tax rates in Cape Verde?

Article 45 of the IRPS Code sets the rates on aggregated income at 16.5% up to 960.000$00 a year, 23.1% from 960.000$00 to 1.800.000$00 and 27.5% above 1.800.000$00, with taxable income up to 220.000$00 exempt. These figures are from the 2014 text as published in the DNRE library.

Does income earned in a foreign currency count in Cape Verde?

Yes. Article 1(3) of the IRPS Code taxes income wherever it is obtained and whatever the currency or form in which it is earned, and article 25 converts amounts in a currency without legal tender in Cape Verde to escudos at the official buying rate on the date paid, or at the 31 December rate if that cannot be proven.

When is the annual income tax return due in Cape Verde?

Article 57 of the IRPS Code sets the deadline in the year after the income year: the end of March for taxpayers with only Category A income, and the end of May in every other case. The duty applies to income that is aggregated, either mandatorily or by option.

Sources

The authority itself: Direcao Nacional das Receitas de Estado (DNRE), Ministerio das Financas. Rules change with each budget; check the figure that matters to you there before you file.

Buying is the other question: how to buy bitcoin in Cape Verde covers exchanges, payment methods and legality for residents. Running a crypto business here is a third one: Crypto License in Cape Verde (2026).