Côte d’Ivoire’s new investment code, adopted in 2012, provides many generous incentives for investors in Côte d’Ivoire. Highlights include:

• Exemption from tax on industrial and commercial profits, non-commercial profits, and agricultural profits;
• Exemption from business taxes and licensing fees;
• Tax exemption on land holdings;
• Exemption from income tax for housing land made available to staff;
• Reduction of 40-50% on customs duties; and
• Exemption from value added tax (VAT).

Exemptions are valid for periods ranging from 5 to 15 years, depending on geographical location.