{"id":34936,"date":"2024-02-23T18:39:29","date_gmt":"2024-02-23T17:39:29","guid":{"rendered":"https:\/\/yearbooktest1.com\/?p=34936"},"modified":"2024-06-27T18:29:08","modified_gmt":"2024-06-27T16:29:08","slug":"togo-un-cadre-juridique-qui-favorise-linvestissement","status":"publish","type":"post","link":"https:\/\/afrique.yearbook-media.com\/en\/togo-un-cadre-juridique-qui-favorise-linvestissement\/","title":{"rendered":"Togo \u2013 A legal framework that promotes investment"},"content":{"rendered":"
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\n\t\t\t\t\t\t\t\t\tTogo \u2013 A legal framework that promotes investment\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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With a strategic positioning, a corridor development model, the only naturally deep-water port in West Africa, Togo has many advantages while benefiting from an investment code offering numerous advantages to investors.<\/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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The improvement in the business environment and the launch of power plant construction projects are expected to facilitate an increase in FDI in the coming years. The sectors that most attract foreign investment are phosphates, cotton, coffee, cocoa, and the tertiary sector (port infrastructure). France, Canada, India, and China are the main investors. However, FDI is only permitted in certain sectors. Starting a business, managing construction permits, obtaining electricity, registering property, and obtaining credit are the main subcategories of the ranking where Togo has made major improvements. In addition to establishing a one-stop shop for business creation (Centre de Formalit\u00e9 des Entreprises), reforms include reducing the minimum capital required to start a business and reducing the costs of obtaining construction permits. The country has improved monitoring and regulation of power outages, recording data on the System Average Annual Outage Duration Index (SAIDI) and the System Average Frequency Interruptions Index (SAIFI). The cost of electricity has also been reduced by reducing the amount charged by the utility for external work and the security deposit for a new connection. The country has improved access to loans by creating a credit bureau. <\/p>\n

Togo is a member of the Organization for the Harmonization of Business Law in Africa (OHADA). Therefore, the OHADA code applies to business creation.<\/p>\n

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A favorable business environment
<\/b>\u2013 Facilities for business creation (OHADA Uniform Act, Business Formalities Center): There are no restrictions on the rights of foreigners to manage local companies. Foreign investors can create a subsidiary at 100%.\u00a0
<\/span>\u2013 Tax benefits: A reduction in corporate tax is observed in addition to the advantages of the Investment Code and the Free Zone.
<\/span>\u2013 Instruments for guaranteeing and promoting investments with recourse in the event of a dispute. These include the Court of Arbitration of Togo (CATO); the Common Court of Justice and Arbitration (OHADA); the Court of Arbitration of the International Chamber of Commerce; the International Centre for Settlement of Investment Disputes (ICSID); and MIGA (Multilateral Investment Guarantee Agency).\u00a0
<\/span>\u2013 Foreign companies and individuals making an investment also have the right to repatriate or transfer capital and profits within the legal framework of foreign exchange regulations. This guarantee also extends to proceeds from the sale of a farm. The GSP (Generalized System of Preferences) offers Togo preferential access for its products to Europe. The AGOA (African Growth Opportunity Act) also allows preferential access for Togolese products to the American market.
<\/span>\u2013 Through various codes (SME\/SMI Charter, Investment Code, Free Zone Law, Mining Code, General Tax Code), the investor also benefits from tax and customs exemptions and very important support measures. Individual and legal entity taxpayers, designated by the General Tax Code, who invest in Togo under the conditions provided for, can thus benefit from a reduction in the tax base for income tax or corporate tax to which they are subject.<\/span><\/p>\n

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Avec un positionnement strat\u00e9gique, un mod\u00e8le de d\u00e9veloppement par le corridor, le seul port naturellement en eau profonde d\u2019Afrique de l\u2019ouest, le Togo multiplie les atouts tout en b\u00e9n\u00e9ficiant d\u2019un code des investissements offrant de nombreux avantages aux investisseurs. L\u2019am\u00e9lioration de l\u2019environnement des affaires et le lancement de projets de construction de centrales \u00e9lectriques devraient … Read more<\/a><\/p>","protected":false},"author":1,"featured_media":42625,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[106,283,394,7],"tags":[],"class_list":["post-34936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-page-investissement-2","category-investir-togo","category-investir","category-togo","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-20"],"acf":[],"yoast_head":"\nTogo - A legal framework that promotes investment<\/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-un-cadre-juridique-qui-favorise-linvestissement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Togo - Un cadre juridique qui favorise l'investissement\" \/>\n<meta property=\"og:description\" content=\"With its strategic location, a corridor-based development model, and the only naturally deep-water port in West Africa, Togo boasts numerous advantages while benefiting from an investment code that offers many benefits to investors. 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