National Credit Council of Togo discusses agricultural financing

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OVERVIEW OF REFORMS

START A BUSINESS (More information)

At the fifteenth position in the world and first in Africa, under the start a business Doing Business 2020 ranking index, Togo maintains its reform dynamic with more reforms….

EXECUTION OF CONTRACTS (More information)

Compared to a few years ago, when it was one of the last ranked according to the Doing Business’ Enforcing Contracts indicator, Togo, based on numerous efforts to improve its business climate, was able to make a significant jump in the index in recent years… .

EXECUTION OF THE CONTRACT (More information)

Creation of specialized chambers of commerce for small claims • Creation of chambers of commerce near the Court of Appeal • Civil and commercial cases now handled by separate registries • Creation of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access at the FORSETI COMMERCIAL platform • A maximum period of 100 days has been set to settle a commercial dispute.

TRADE ACROSS BORDERS (More information)

Compared to previous years,Togo has considerably improved its ranking in the“Cross Border Trade” indicator by adopting multiple reforms that mainly focus on digitization and reduction of delays, for import and export related import and export procedures.

Compared to previous yearsTogo has significantly improved its ranking on the “Cross Border Trade” index by adopting multiple reforms that mainly focus on digitization and reduction of delays, for import and export related import and export procedures.

BUILDING PERMIT (More information)

After falling from 133rd to 127th place according to the Doing Business 2020 building permits index, Togo intends to repeat this feat in the next edition of the world ranking. To that end, it introduced multiple reforms this year.

GET ELECTRICITY (More information)

Over the past two years, Togo’s ranking on the access to electricity and water indicator of Doing Business has steadily increased. Building on this performance through multiple reforms aimed at making it easier for businesses to access electricity and water, Lomé plans to introduce even more reforms this year to continue its improvements.

PROPERTY REGISTRATION (More information)

Of all the ‘Doing Business’ indicators, Property Registration is the one where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country is looking now to beat Rwanda which is the best performer on this index. in Africa. To do this, Lomé has introduced numerous reforms, the latest of which was implemented this year.

PUBLIC MARKETS (More information)

From professionalization to digitalization, including legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector to the great benefit of the private sector, which is at the center of the National Development Plan.

PAY TAXES AND DUTIES (More information)

To improve its business environment, Togo has introduced major reforms related to the payment of taxes and duties. From the replacement of certain taxes to the abolition of others via exemptions, the country has only one objective: to offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities have bet on digitization.

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