{"id":31990,"date":"2024-02-17T12:59:51","date_gmt":"2024-02-17T11:59:51","guid":{"rendered":"https:\/\/yearbooktest1.com\/?p=31990"},"modified":"2024-06-27T18:34:10","modified_gmt":"2024-06-27T16:34:10","slug":"togo-la-zone-franche-togo","status":"publish","type":"post","link":"https:\/\/afrique.yearbook-media.com\/en\/togo-la-zone-franche-togo\/","title":{"rendered":"Togo \u2013 The Free Zone"},"content":{"rendered":"
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\n\t\t\t\t\t\t\t\t\tTogo \u2013 The Free Zone\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Created in 1989, this free zone provides a favorable framework for export-oriented, agricultural, industrial and service activities, using local labor.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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It provides a framework for the establishment of factories for the processing of local products by guaranteeing the best conditions of competitiveness and simplifying formalities for investors. It has benefited from the decisive support of cooperation organizations such as UNDP, UNIDO, OPIC and USAID since its inception. Previously managed by the Soci\u00e9t\u00e9 d'Administration de la Zone Franche (SAZOF), the free zone has, since June 2019, been administered by the Agency for the Promotion of Investment and the Free Zone (API-ZF).

With the status of an industrial free zone, the new 2011 law is more attractive and offers exporting companies the best business conditions in West Africa. It has now become a destination of choice for foreign and Togolese investors thanks to its very flexible eligibility conditions and the tax and customs advantages it offers.<\/span><\/p>\n

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The Togo Free Zone currently has 82 active companies and 25 companies in the process of being set up, spread across various sectors: food, agri-food, plastics, wood and construction, pharmaceuticals, clothing and synthetic hair, metal, horticulture, cosmetics and services. 16,200 Togolese employees work there.
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Since its creation, the Togo Free Zone alone has attracted cumulative investments of 374.4 billion CFA francs. It has generated a total turnover of 268 billion. Specifically, the amount of annual exports, further diversified since Togo's eligibility for the African Growth Opportunities Act (AGOA), amounts to 242 billion CFA francs and the annual contribution to the Gross Domestic Product (GDP) is estimated at 67 billion.<\/span><\/p>\n

Products from the free zone are mainly exported to ECOWAS countries, Central Africa, and Europe. With Togo's eligibility for AGOA and the upcoming arrival of the AfCFTA, the export market for Togolese companies is more unlimited than ever and can benefit from the advantages of the American market. Approval is required to obtain definitive status as a free zone company. <\/span><\/p>\n

To be eligible, the company must meet three criteria:
<\/span>\u2013 Carry out an activity of production of goods and services
<\/span>\u2013 Guarantee the export of the production of goods and services
<\/span>\u2013 Reserve permanent jobs for nationals as a priority.<\/span><\/p>\n

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Cr\u00e9\u00e9e en 1989, cette zone franche constitue un cadre favorable aux activit\u00e9s \u00e0 vocation exportatrice, agricoles, industrielles et de services, utilisant la main d\u2019\u0153uvre locale.\u00a0 Elle offre un cadre pour l\u2019implantation d\u2019usines en vue de la transformation des produits locaux en garantissant les meilleures conditions de comp\u00e9titivit\u00e9 et en simplifiant les formalit\u00e9s aux investisseurs. Elle … Read more<\/a><\/p>","protected":false},"author":1,"featured_media":42662,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[107,394,7,284],"tags":[],"class_list":["post-31990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-page-investissement-3","category-investir","category-togo","category-zes-togo","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-20"],"acf":[],"yoast_head":"\nTogo - The Free Zone<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/afrique.yearbook-media.com\/en\/togo-la-zone-franche-togo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Togo - La Zone Franche\" \/>\n<meta property=\"og:description\" content=\"Established in 1989, this free trade zone provides a favorable environment for export-oriented, agricultural, industrial, and service activities that utilize the local workforce. 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