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Podcast: Offshore Tax with HTJ.tax
Episode: Helping Foreigners Do Business in Madagascar
Description: Doing business in Madagascar as a foreigner comes with unique financial, tax, and compliance challenges. In this episode, we explore the critical role accountants play in guiding international companies—ensuring compliance, maintaining transparency, and supporting strategic growth.What You’ll Learn in This Episode:📊 Financial ReportingHow accountants prepare statements under Madagascar’s PCG 2005 while also aligning with IFRS for international reporting.Why many foreign subsidiaries maintain dual financial reports for local and global requirements.💰 Tax & ComplianceKey tax responsibilities: corporate income tax (20%), synthetic tax for small businesses, payroll and withholding taxes.Import...