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Investment: Spain plans new strategy to strengthen cooperation with Togo

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Overview of reform

start a business (More information)

It ranks 15th in the world and first in Africa. start a business Togo maintains its position in the 2020 Doing Business ranking index reform dynamics As we move forward with further reforms….

Enforcement of contract (More information)

Leveraging numerous efforts to improve its business environment, Togo has seen a significant rise in this indicator in recent years compared to a few years ago, when it was one of the lowest ranked in this indicator. I was able to do… .

Conclusion of the contract (More information)

Creation of a special chamber for small debts • Creation of a chamber of commerce in the Court of Appeals • Civil and commercial cases were now handled by separate clerks • Creation of commercial courts in Lomé and Cala • Lawyers and bailiffs can now access FORSETI COMMERCIAL • The maximum period for resolving commercial disputes is 100 days.

cross-border transactions (More information)

Compared to last year,Togo is“Cross-border trade” We will aim to improve indicators through multiple reforms focused on digitizing import and export procedures and reducing delays.

compared to last yearTogo has moved up significantly in the rankings. “Cross-border trade” We will introduce multiple reforms with a focus on digitalization and reducing delays in import/export procedures, and aim to improve the index.

construction business permit (More information)

After rising from 133rd to 127th place in Doing Business’s Building Permits Index in 2020, Togo looks to repeat this feat in the next world rankings. To this end, we have introduced several reforms this year.

get electricity (More information)

Over the past two years, Togo’s ranking in the electricity and water access indicators for business activities has consistently increased. This achievement was achieved thanks to several reforms aimed at making it easier for businesses to access electricity and water, and Lomé plans to introduce even more reforms this year to continue improving.

Property registration (More information)

Of all the “business activity” indicators, Togo has improved the most since 2018 in real estate registration. In fact, after spending years at the bottom of this ranking, the country is currently aiming to beat Rwanda, which ranks best in this index. In Africa. To that end, Lomé has introduced a number of reforms, the latest of which was implemented this year.

public procurement (More information)

From professionalization to digitalisation, through legal regulation, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve this sector to contribute significantly to the interests of the private sector, which is the focus of national development plans.

Payment of taxes and duties (More information)

To improve the business environment, Togo has introduced several important reforms related to the payment of taxes and customs duties. From replacing some taxes to eliminating others through exemptions, the country has one objective: to provide investors and economic operators with the most attractive tax framework. To achieve this, authorities have resorted to digitalization.



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