2 November 2023
Sierra Leone has imposed a Goods and Service Tax (GST) at 15% on the sale of electronic services by non-resident suppliers to consumers in the country.
The new tax will require foreign providers of electronic services to register for GST if they exceed an annual registration threshold of SLE 350,000 (approx. £15,000). It’s hoped that introducing this new requirement will remove the unfair advantage that not charging VAT gives to non-resident companies over resident providers.
This tax will apply to a range of digital services, including streaming games, music, apps, films, e-books, software, and internet services.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
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