A new tax code was passed in May 2009 – and modified in July 2009, February 2010, January 2011, January 2012 and January 2013 – to reflect Gabon’s new political climate. The code is a modernised framework that will likely be complemented by tax and Customs incentives for both foreign and local investors.
The tax system in Côte d’Ivoire is based on the legislation that existed at the time of the country’s independence in 1960. It has since undergone several amendments intended to take into account the country’s economic and social evolution and budgetary constraints. A powerful and qualified tax authority enforces taxpayers’ obligations.
Following a sociopolitical crisis that lasted for more than 10 years, since 2012 Côte d’Ivoire has quickly resumed its economic growth. Indeed, 2012 was a year of strong growth, as GDP increased by 9.8% in real terms, while 2013 will most likely record a similar increase. This growth is based on increased demand due to increases in public and...
Long viewed as a bastion of stability in the Central African region, thanks in part to large hydrocarbon revenues that have helped it maintain one of the highest levels of per capita income in the region, Gabon has been able to leverage its diplomatic clout throughout sub-Saharan Africa.
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