Investment Guarantees in Burkina Faso

Investment Guarantees in Burkina Faso

The Investment Code provides standardized guaranties to all legally established firms, whether foreign or domestic, operating in Burkina Faso.

It contains four investment and operations preference schemes, which are equally applicable to all Greenfield investments, mergers, and acquisitions. With each scheme, there is a corresponding set of related preferences, duty exceptions, corporate tax exemptions, and operation-related taxes.Burkina Faso recognizes most forms of companies admissible under French business law, including: public corporations, limited liability companies, limited share partnerships, sole proprietorships, subsidiaries, and affiliates of foreign enterprises.

According to the revised Investment Code, all personal and legal entities lawfully established inBurkina Faso, both local and foreign, are entitled to the following rights; fixed property, forest and industrial rights; concessions; administrative authorizations; access to permits; and participation in state contracts.

Burkina Faso’s Investment Code guarantees foreign investors the right to the overseas transfer of any funds associated with an investment, including dividends, receipts from liquidation, assets, and salaries. Such transfers are authorized in the original currency of the investment.

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John Muhaise-Bikalemesa (JMB), is the founder of blog and company. Learn more about him here and connect with him on his social medias below

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