Tuesday, 25 April 2017
HOT NEWS
ANAPI will take part at the DRC Mining Week which will be taking place in Lubumbashi on 23-24 June: DRC Mining Week is a well-established annual mining investment event aimed at creating an enabling environment to boost the industrialisation of the mining sector. The three-day programme will feature: a two-day conference for international and national stakeholders to gain knowledge and                                                    ANAPI will take part at the Annual Investment Meeting 2017: Annual Investment Meeting is a premier event focusing on foreign direct investment (FDI) in growing markets. It is the leading global platform aimed at facilitating strategic networking and promoting investments while providing a rich learning experience. It gathers the international                                                    Burey Gold expands in Kilo-Moto greenstone belt: Mining company Burey Gold inked an agreement with Emirati firm Medidoc FZE to buy a 60% onterest in Tendao project which comprises five exploration licences covering a total of 1,456 km², in North-Western part of DR Congo. The deal will                                                    AfDB and Japan to spend $3bn to boost growth in Africa: During the sixth edition of the Tokyo International Conference for Africa’s Development (TICAD VI) recently held in Nairobi, Kenya, the African Development Bank (AfDB) and the government of Japan signed a $3 billion agreement to boost growth in private sector                                                    DRC will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi: The Democratic Republic of Congo will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi, Kenya's capital. The delegation led by the Managing Director of the National Vocational Training Institute (INPP), Maurice Tshikuya                                                    kwilu: sensitization of executives of the public administration on the improvement of the business climate: Executives of the public administration and the private sector in the province of Kwilu and particularly those from Bandundu city, the capital of the province have been sensitized for two days on the reforms implemented to improve the business and                                                    Need to adapt the geological map of the DRC to the understanding of new minerals: Mr. Ikoli, Deputy Chief of Staff of the Minister of Mines, noted the need to adapt the old geological map of 1972 to the understanding of new minerals at the opening of the validation workshop of the new geological map                                                    FIKIN opens its doors this Saturday 16th of July 2016: The fair activities of Kinshasa for the year 2016 will start on Saturday, July 16 and close on 15th August, announced the Director General of the International Fair of Kinshasa (FIKIN), Eugene Bokopolo. The N ° 1 of FIKIN engaged with the                                                    The Government has committed to improving the income of farmers for agricultural growth of at least 6%: The Government of the Democratic Republic Congo is planning to sustainably promoteagricultural and food sectors in priority and develop the agri-business between 2015 and 2016. The aim is to improve farmers' incomes and achieve an agricultural growth of at least 6%                                                    The African Development Bank (BAD) approves a grant of US $ 11 million for DRC to access electricity at lower: The African Development Bank (BAD) approved on Wednesday a grant of 11 million US dollars for the Democratic Republic of Congo. These funds support the «Subsidiary Action Program of the Equatorial Lakes of the Nile (NELSAP)" according to the Energy                                                   

Tax and customs incentives

The Investment Code provides tantalizing customs and tax exemptions to investors who submit their investment projects to ANAPI (business plan), once the project is approved by ANAPI, the investor benefits for a period not exceeding 30 days from the customs, fiscal and para-fiscal advantages below :

  • Exemption from duties and taxes on imports of machinery, materials and equipment (excluding administrative fee of 2% and VAT (to be paid upstream by the promoter, but to be reimbursed by the tax authorities) ;
  • Tax exemption on profits ;
  • Exemption from property tax ;
  • Exemption from ad valorem duty on the setting up of LLC or increase of their share capital.

The duration of benefits is 3, 4 or 5 years depending on the economic region where the investment is located :

  • 3 years : Economic Region A (Kinshasa, the capital City) ;
  • 4 years : Economic Region B (Kongo Central, cities of Lubumbashi, Likasi, Kolwezi) ;
  • 5 years : Economic Region C (the rest of the country).

A decree from the Prime Minister has been promulgated since 1 November 2012 on measures enforcing the Investment Code. This text emphasizes the benefit the investor gets from the approval of his project within the statutory period of 30 days and sets up the mechanism that approval is deemed granted after a period of 30 days. Consequently, the financial authorities should have the investor enjoy all customs, fiscal and para-fiscal benefits provided for by the Investment Code, in view of the receipt of deposit of file signed by the Managing Director of ANAPI.

Furthermore, to facilitate implementation of the investment, the approval decision taken by ANAPI (not yet approved by the Interministerial Decree / Planning and Finance) may, if necessary, be made by the investor to the customs administration for the authorized removal of equipment, materials and approved tools.

The requirements to access the benefits of the Investment Code are simple. They are :

  1. be an economic entity under Congolese law ;
  2. The total cost of the planned investment (all expenses) must be at least $ 200,000 (or at least $ 10,000 for SMEs / SMIs) ;
  3. Commit to comply with environmental regulations ;
  4. Commit to observe working regulations ;
  5. The investment should ensure a value-added rate of at least 35%.

Why Invest In DR Congo ?

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33C, Boulevard du 30 Juin,
Kinshasa, Democratic Republic Of Congo
anapi@investindrc.com
Tel.: 00243 999 925 026
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P.o. Box
1797 Kinshasa 1

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