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SYSCOHADA accounting, SECeF e-invoicing and cash management. CassKai supports Malian SMEs with tax compliance and business growth.
~22M
Population
~5%
GDP Growth
18%
Standard VAT Rate
SYSCOHADA révisé
Accounting Standard
The revised OHADA Accounting System (2017) is mandatory for all businesses in Mali. It defines the 8-class chart of accounts, financial statements (Balance Sheet, Income Statement, TAFIRE) and valuation rules under the OHADA Uniform Act.
The Electronic Invoice Certification System (SECeF) is deployed by Mali's General Tax Directorate (DGI). Each invoice receives a digital tax seal and verification QR code, as part of tax revenue security measures.
The DSF is mandatory for all businesses under the standard tax regime in Mali. It includes the Balance Sheet, Income Statement, TAFIRE and detailed appendices, to be filed with the DGI within 4 months after the fiscal year-end.
Mali applies a standard VAT rate of 18%. Certain essential goods, agricultural products and exports benefit from exemptions. VAT returns are monthly for large companies and quarterly for SMEs.
Mali, a member of UEMOA and the OHADA zone, applies a structured tax and accounting framework for businesses. Here are the essential points to know:
The standard corporate tax rate in Mali is 30%. A minimum flat tax (IMF) of 1% of revenue (with a minimum of 300,000 XOF) applies when taxable profit is low or nil. Companies under the Investment Code may benefit from temporary exemptions.
The standard VAT rate is 18%. Exports are zero-rated. Certain essential goods, unprocessed agricultural products and farming equipment benefit from exemptions. Returns are filed monthly for large taxpayers (DGE) and quarterly for others.
Employers are liable for the CFE at 3.5% of gross payroll. This contribution is in addition to INPS (National Social Security Institute) and AMO (Mandatory Health Insurance) social contributions.
The DSF is mandatory for businesses under the standard tax regime. It includes the Balance Sheet, Income Statement, TAFIRE (Financial Resources and Uses Statement) and detailed appendices. It must be filed no later than April 30 of the year following the closed fiscal year.
The revised OHADA chart of accounts (2017) applies to all Malian businesses. It is organized into 8 classes: Equity (1), Fixed Assets (2), Inventory (3), Third Parties (4), Financial (5), Expenses (6), Revenue (7), Special Accounts (8). CassKai natively integrates this chart of accounts.
Mali is deploying the SECeF (Electronic Invoice Certification System) to secure tax revenue. This system, shared across UEMOA countries, requires certification of every invoice with a tax seal and QR code. CassKai automates integration with the DGI's SECeF platform.