Investment framework and opportunities in Togo
Procedures Relative to Foreign Investment
- Freedom of Establishment
-
There are no laws or practices that discriminate against foreign investors. In fact, the new investment code of January 2012 prescribes the right for foreign and domestic private entities to establish and own business enterprises and engage in all forms of remunerative activities; free management and circulation of capital for foreign investors; respect of private property and protection of private investment against expropriation.
- Acquisition of Holdings
-
Foreign investors can own 100% of a Togolese company or create a wholly owned subsidiary. There is no obligation for a foreign investor to associate themselves with a local investor.
- Obligation to Declare
-
There is no obligation to declare FDIs. New businesses have to register at the Centre de Formalite des Entreprises.
- Competent Organisation For the Declaration
-
Centre de Formalite des Entreprises
- Requests For Specific Authorisations
-
There are no formal investment approval mechanisms in place in Togo for inbound foreign investment, nor rules, restrictions, limitations or requirements applied to private investments.
© eexpand, All Rights Reserved.
Latest Update: November 2024