New Investment Code expands facilitation and incentives
19 Feb 2025
On 19 February 2025, Mauritania adopted a new Investment Code (Law No. 2025-006), introducing a range of reforms aimed at improving the business climate and promoting strategic investment. Key changes include:
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Expanded digital platform: The Code provides for an expanded one-stop digital platform (“Guichet Unique”) with faster processing times, including certification within 10 days.
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Detailed tax and customs incentives: For the first time, the Code specifies fiscal benefits such as customs exemptions on capital goods and import duty waivers.
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Structuring-Investments regime: A new high-priority incentive framework is introduced for investment projects with significant economic impact. Eligible projects—based on size, location or contribution to infrastructure, exports, technology transfer or job creation—may benefit from:
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Full or partial exemptions from taxes and customs duties (including VAT)
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Preferential access to land or infrastructure
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Tailored fiscal and parafiscal advantages
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Fast-tracked administrative procedures
Incentives are granted through special investment agreements approved by the Council of Ministers.
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Expanded list of priority sectors under the Structuring-Investments regime, including:
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Agriculture and processing of livestock products
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Logistics, road and port infrastructure
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Water and waste-related infrastructure (hydraulic networks)
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Digital industries
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Renewable energy self-generation and energy efficiency improvements
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Extended certificate validity: Investment certificates are now valid for 8 to 10 years, compared to no specified duration under the previous framework.
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New governance bodies: The Code establishes an Inter-ministerial Investment Council and a Technical Committee to oversee implementation.
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Dispute resolution: The Code explicitly allows for mediation, conciliation and arbitration, including international mechanisms.
Nature of measure:
Type:
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Promotion and facilitation (Investment incentives)
Industry:
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Primary (Agriculture, forestry and fishing)
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Services (Electricity, gas, steam and air conditioning supply, Water supply, sewerage, waste management and remediation activities, Construction, Transportation and storage, Telecommunications, Computer programming, consultancy and related activities)
Inward FDI:
Yes
Outward FDI:
No
Sources:
