Benin flag Benin: Investing in Benin

Investment framework and opportunities in Benin

Procedures Relative to Foreign Investment

Freedom of Establishment
Except for activities which, on the account of general interest as well as law and order, are prohibited by the law, the exercise of an industrial, agricultural, commercial or artisanal activity is free in the Republic of Benin.
Acquisition of Holdings
Benin does not limit foreign ownership or control. Local laws grant the right to own and transfer private property.
Obligation to Declare
Any application infroduced by an Enterprise for a preferential treatment should be addressed to the Ministry of National Planning.
Requests For Specific Authorisations
The Investment Control Commission monitors companies that receive investment incentives to ensure compliance (investors must meet several criteria including employing a minimum number of Beninese nationals, safeguarding the environment, and meeting nationally accepted accounting standards).

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Latest Update: July 2022

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