Information about Madagascar Minimum wage and taxes.

In Madagascar, the minimum wage has been determined monthly as of 2021. The minimum wage is set at 200,000 Ariary gross (approximately 20 US Dollars). The tax system in Madagascar includes different types of taxes such as income tax and value added tax (VAT). Income tax is a tax levied on personal income. Income tax rates in Madagascar vary depending on the amount of income. While a 20% tax is charged for the first 600,000 Ariary of income, a 30% tax is applied for the portion above 600,000 Ariary. Value added tax (VAT) is collected as consumption tax. In Madagascar, the VAT rate is generally set at 20%. However, different rates may apply for some products. For detailed information about the tax system and minimum wage in Madagascar, it is recommended that you contact the Madagascar Ministry of Finance or local tax offices.

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