As part of improving the business climate, the Togolese government has announced the liberalization of social capital and the nominal social share, to encourage foreign direct investment.
In council Friday 26 January, the executive took stock of the reforms implemented in the last two months. They focus on five key indicators contained in the World Bank’s latest Doing Business report: business creation, building permit, ownership transfer, contract enforcement and connection to electricity.
In addition to the liberalization of social capital and the nominal social share, the government announced, among other things, the abolition of registration fees and stamp duties and the exemption of the Unique Professional Tax (TPU) in the first year of creation. for companies registered in the Business Formality Center (CFE).
Rédacteur en chef de Financial Afrik. Basé à Lomé, Nephthali Messanh Ledy représente Financial Afrik depuis deux ans. Outre l’économie et les finances africaines, il est passionné de l’actualité internationale. Diplômé en Commerce International et en Marketing – Communication, il s’intéresse également aux réseaux sociaux et au football.
