Get the guide from the Investment Promotion Agency
The Government of the Republic of Benin has embarked on a vast programme to promote Benin as a preferred destination for investors. Under this programme, new laws have been adopted and amendments made to existing laws to improve the business climate and encourage investment.
Several investment promotion mechanisms have been put in place, the most important of which are The Investment Code, the Law on Special Economic Zones (ZES) and the Law on Development of Micro, Small and Medium Enterprises (MSME). The Investment Code offers customs and tax exemptions for a period ranging from 5 to 17 years depending on the location of the project and the amount of investment. The Law on Special Economic Zones offers two (02) types of exemption schemes: the export scheme and the intra-community trade promotion scheme allowing to be granted the community certificate of origin. A first Special Economic Zone with an area of one thousand six hundred and forty (1640) was created in Glo-Djigbé in partnership with ARISE group, specialised in planning, development and exploitation of special economic zones.
The Guide talks about
- Reasons to invest to Benin
- The Investment code
- The law on the special economic zones
- Other advantages Benin offers to investors
