Comoros

How are Giftcards treated for tax purposes in the Comoros (VAT, single-purpose / multi-purpose)? ›

Giftcards are subject to VAT (TVA), which becomes payable upon redemption. A distinction between single-purpose and multi-purpose Giftcards is not provided.

What consumer rights apply in the Comoros for expired Giftcards? ›

There are no specific rules on expired Giftcards. Merchants must clearly state expiry dates; otherwise the consumer may request an extension.

Is there a legal rule in the Comoros on the validity period of Giftcards? ›

In the Comoros there is no specific legal rule on the validity period of Giftcards. Under the Civil Code, a general limitation period of three years applies. Merchants must clearly state validity.

What special rules apply in the Comoros to the sale, issuance, or redemption of Giftcards? ›

The sale of Giftcards is permitted, especially in tourist regions. Electronic Giftcards are scarcely used and must be reported to the financial authority.