Tax

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Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-dollar aid package from other Gulf states and an accompanying fiscal adjustment plan, as well as growth following a partial oil price recovery and a major oil and gas discovery, offer hope for an economic turnaround in 2019.

 

Corporate restructuring operations are becoming more frequent. This generally involves the partial or total transfer of the corporate rights that constitute the capital of a company established in Côte d’Ivoire. From a fiscal standpoint, the transfer of shares or shares registered by an act are theoretically subject to mandatory formal...

 

Since 2015 Côte d’Ivoire has initiated reforms aimed at profoundly restructuring its economy. Among the projects launched by the Fiscal Reform Commission, one of the most important seems to be the reform of the tax framework for small and medium-sized enterprises (SMEs). Indeed, SMEs form the backbone of many of our economies, including that...

 

To better facilitate the clearance of imported goods to Côte d’Ivoire, the government has created the Foreign Trade Single Window (Guichet Unique du Commerce Extérieur, GUCE). The regime regroups all of the Customs clearing processes of stakeholders in good standing. The clearing process of imported goods is grounded in the following legal...

Chapter | Tax from The Report: Cote d’Ivoire 2019

In conjunction with EY, this chapter explores the taxation system and Côte d’Ivoire’s efforts to build an investor-friendly environment. It also contains a viewpoint with Jean François Albrecht, Country Managing Partner; and Eric N’guessan, Country and Regional Tax Leader, EY.

Côte d’Ivoire has returned to economic growth after stabilising its political situation in 2011. The economy has grown at a rate of 9% per year since 2011, in part due to the emergence of its burgeoning industrial sector. As one of the fastest-growing African economies, with an annual GDP growth rate forecast at 7-7.5% in 2019, Côte d’Ivoire is now promoting sustainable and inclusive growth.

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