Create Financial Advisor Invoice in XOF →

Free, no registration required. Your data stays in your browser.

Senegal Tax Information

18% TVA

TVA is 18%. NINEA required for businesses. Part of UEMOA/CFA franc zone.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Senegal

NINEA number
Tax registration
Client NINEA
Invoice number
TVA (18%)
Total in XOF

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

Comptant30 jours60 joursFin de mois

Payment Methods in Senegal

Bank TransferOrange MoneyWaveCBAOEcobank

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor invoices in Senegal?

Senegal has 18% TVA. TVA is 18%. NINEA required for businesses. Part of UEMOA/CFA franc zone.

What payment methods are common for financial advisors in Senegal?

Common payment methods in Senegal include: Bank Transfer, Orange Money, Wave, CBAO, Ecobank. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Senegal?

Your invoice should include: NINEA number, Tax registration, Client NINEA, Invoice number. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

What is Senegal's TVA rate?

Senegal applies 18% TVA on most goods and services. Part of UEMOA economic zone using CFA franc.