Investment framework and opportunities in Congo
Procedures Relative to Foreign Investment
- Freedom of Establishment
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Foreign private entities have the right to establish and own business enterprises and engage in all forms of remunerative activity in the Republic of the Congo. In fact, the country’s laws do not discriminate against foreign investors, which are treated the same way as domestic entities.
The only sector-specific restriction concerns the petroleum sector, requiring that foreign businesses form a joint venture with the Congolese National Petroleum Company (SNPC).
- Acquisition of Holdings
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In the Republic of the Congo there are no general limits on foreign ownership or control.
- Obligation to Declare
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The so-called “Centre de Formalité des Entreprises (CFE)” – formally a one-stop shop” for establishing a business in the Republic of the Congo - has offices in Brazzaville, Pointe-Noire, N’kayi, Ouesso, and Dolisie. In order to start an activity in Congo, investors must provide CFE with two copies of the company by-laws, two copies of capitalization documents, a copy of the company’s investment strategy, company-approved financial statements (when available), and ownership documents or lease agreements for the company’s offices in the Republic of the Congo.
- Competent Organisation For the Declaration
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Centre de Formalité des Entreprises (CFE)
- Requests For Specific Authorisations
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The Republic of the Congo does not have an investment screening mechanism for inbound foreign investment.
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Latest Update: September 2024