On the initiative of the Government, the deputies adopted this Wednesday, December 08, 2021, the new General Tax Code (CGI) of the Republic of Benin to replace the old tax texts, more than half a century old.

The new General Tax Code will strengthen the achievements of the Government in the context of improving the business climate. This document includes various innovations for securing State revenue and also for the development of small and medium-sized enterprises. The new General Tax Code makes it possible to: simplify the structure and correct the inconsistencies in the tax rules which were a source of evasion and exaggerated optimization; update outdated, redundant or irrelevant provisions; introduce incentive measures into the tax system for SMEs-SMIs in general and those in the digital sector in particular; balance the relationship between the administration and taxpayers with clear procedural provisions.

It incorporates for the first time in the tax history of our country, the book of tax procedures (LPF) which now consecrates a clear separation between the rules of base and tax procedures. The new recommended rules of procedure ensure not only transparency and speed but also the protection of the taxpayer. Through this new general tax code, the Government aims to institute development taxation at the service of citizens.