Cape Verde has signed the OECD Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 9 April 2025.

Under BEPS Action 13, all large multinational enterprises (MNEs) are required to prepare a country-by-country (CbC) report with aggregate data on the global allocation of income, profit, taxes paid and economic activity among tax jurisdictions in which they operate. This CbC report is shared with tax administrations in these jurisdictions for use in high-level transfer pricing and BEPS risk assessments.

While Cape Verde has a framework for CbC reporting, it has not yet set a start date for the first reporting fiscal year. With the signing of the CbC MCAA, it is expected that the effective date will be announced soon.