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Congo

Transfer of a business

The transfer of a business (transfer of goodwill), which is subject to registration fees, is exempt from VAT.

Other indirect taxes

Import duty

Customs tax rates vary according to the category of the imported goods, and are as follows:

  • Category 1: Goods of primary necessity – 5%;

  • Category 2: Raw materials and construction equipment – 10%;

  • Category 3: Intermediary products – 20%; and

  • Category 4: Common consumer goods – 30%.

For products coming from other CEMAC Member Countries (Cameroon, Central African Republic, Equatorial Guinea, Gabon and Chad), there is a general preferential rate that has been reduced to 0% since 1 January 1998.

Excise duty

Some products, such as tobacco, perfume, camcorders and jewellery, are subject to excise taxes. The rate of the excise taxes is 24%. The excise taxes have the same base as VAT.

Transfer duty

A money transfer made from the Congo to foreign countries (outside the CEMAC Zone) is subject to the tax on transfer at the rate of 1% of the total amount.

Stamp duty

The normal stamp duty in the Congo is currently XAF800 per page of the document subject to registration. The stamp duty is applied in addition to the registration fees. There are various rates of registration that depend on the legal status of the assets transferred, for example:

  • goodwill – 10%;

  • movables – 4%;

  • real assets – 15%;

  • registration of authorised capital –

3%; and

  • transfer of shares – 5%.

Contact details – PricewaterhouseCoopers, Congo

Physical address

Postal address

28, avenue du Général de Gaulle Pointe-Noire

BP 1306 Pointe-Noire Congo

Avenue William Guynet Brazzaville

BP 1140

Telephone numbers

Tel:

+242 534 09 07 / 658 36 36

+ 294 58 99 / 294 38 28 / 294 58 98

Fax:

+242 94 23 34

Tel:

+242 81 49 89

PwC contact person

Designation

Prosper Bizitou

Partner in charge

Moïse Kokolo

Tax Director

Contact details

Mobile: (+242) 557 51 98 prosper.bizitou@cg.pwc.com Mobile: (+242) 533 20 57 moise.kokolo@cg.pwc.com

38

PricewaterhouseCoopers

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