Adopts more favorable tax regime for investment
04 Jan 2022
The Tax Annex to the Finance Law for 2022 (Law no. 2021-899 of 21 December 2021), which entered into force on 4 January 2022 provides for a favorable tax regime for new investment. This includes income tax exemptions for a period of 15 years, exemptions on capital gains from the sale of securities and from registration fees.
The incentive providing a reduction in the tax on industrial and commercial profits (BIC) when profits are reinvested in Côte d'Ivoire was amended with an increase in the minimum reinvestment from 10 million to 100 million CFA francs. Investments financed by bank loans or by any means other than the reinvestment of actual profits are not eligible.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Services (Financial and insurance activities)
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Sources:
