Adopted Investment Charter 2018
11 Jun 2018
On 11 June 2018, the Central African Republic adopted the Investment Charter (Law No. 18-006). Replacing the 2001 Charter, the 2018 version introduces clearer definitions of investment and investors and a broader scope, applying to all sectors except eight specified ones. It also establishes a monitoring mechanism to ensure accountability and prevent approved companies from remaining idle.
The new Charter encourages productive investments by promoting local raw materials, creating sustainable jobs, and developing training programs. It applies to industrial and small companies across various sectors, excluding forestry, mining, and tourism.
The Charter provides fiscal incentives, including a simplified VAT system, a three-year corporate income tax exemption, and tax reductions for research and training. Investors can also benefit from accelerated depreciation and carry-forward of losses.
Investors are guaranteed freedom to transfer funds abroad and protection from expropriation without compensation. The Charter protects both domestic and foreign investors’ rights to move funds and income, provided tax obligations are met.
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Treatment and operation (Nationalizations and expropriations, Capital transfer and FOREX)
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Promotion and facilitation (Investment facilitation , Investment incentives)
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