Spain and Cape Verde signed a double tax agreement on 05 June 2017. The agreement provides for tax treatment appropriate to the circumstances of taxpayers carrying out activities at the international level, providing a framework of legal and fiscal security that fosters economic exchanges between the two countries and facilitates cooperation between the respective tax authorities.

The agreement includes an article on exchange of information in line with the OECD Model Agreement, allowing a wide exchange of tax information, including bank information, between Spain and Cape Verde.