The new charter of investments replaces the code of investments. It guarantees the safety of investments. Less opened to exemptions, it aims first of all the improvement of the frame of economic activities to reach a steady and durable growth.

In addition, this charter has the advantage of :

Group together(include) a set of measures which translate the centring of the
strategy of the economic and social development of the Congo, based on the
promotion of a dynamic private sector;
Define the new role of the State which consists in regulating the economy, the
private sector that must play henceforth the driving role of the development;
Express both the principles and the mechanisms necessary for the implementation of
an economic, institutional, fiscal,customs, financial, monetary, legal and judicial
environment for favorable business.
Mark the membership of the Congo to the main international institutions of
guarantee investments including those relative to the international arbitration
procedures of the classes, to the acknowlegment and the execution of their
judgments;
Guarantee the stability of the fiscal measures and a good governance.

This text found the approval of the private sector, the administrations with economic character, the World Bank and the International Monetary Fund.

For more information about this Charter of investments, click here to download the complete document pdf file >>>

This code defines the legal regime applicable to the prospecting, the search, the exploitation and the transport of hydrocarbons up to their point of removal. It defines the rights and the obligations of the developer as well as the rules of police and safety, as well as the rights and the obligations of the State. Besides, it settles under a contractual shape, the sharing of the oil production between the developer and the State.

This code defines the concession of the rights of exploitation of the forested domain, the conditions of exercise of the occupations relative to the forested activities, the due royalties and it protects the forested environment. It is available at the Ministry of Waters and Forests.

A new text is being elaborated to integrate new economic data. Contrary to the current law where all the forests are State owned, the new text brings the following innovations:
Institution of a permanent forested domain and a non permanent forested domain;
Institution of new types of contracts:
Contract exploitation organization;
Contract transformation organization;
Cassage of the principle of taxes and royalties to the principle of selling price.

This code defines the measures relative to the prospecting, the search, the exploitation, the definition and the traffic of mineral substances.
As the petroleum, in case of discovery of a marketable deposit, the developer and the State sign an agreement of establishment which defines the specific conditions of exploitation.

The carrying bill codes mining in the course of adoption, will modify the law 22/82 of July 7th, 1982 still current and will dedicate the liberalization of the mining development and the disengagement of the State which limits itself henceforth to the regulation of the activity of mining development.

For more information about this mining code , click here to download the complete document pdf file >>>

The new labour code gives the possibility to investors to adapt their policy of employment and workforce to their economic activity and to the situation. Hiring and the dismissal recover from the appreciation of the economic operator. Besides, this text also fixes the rule for companies that like temmporary workers, as well as the conditions of creation and functioning of syndicates and delegations of the staff.

To simplify the creation and the fiscal follow-up of companies, the Government has created two institutions:

The Centre of the Formalities of the Companies (CFE) which is a unique counter
playing the interface with all the national administrations involved in the formalities of creation of a company. Today we can create a company in the Congo in 2
days maximum.
The Unity of the Big Companies (U.G.E). Which aims at simplifying the fiscal
procedures applying to the big companies.

The strategy of the Government also includes the reorganization of the judicial system so that it assures an environment favorable to the development of the business world.

The Government gives a particular importance to the implication of the private sector in the formulation and the application of the options of development, considering that this sector, henceforth has to play a major role in the Congolese economy.

This code governs the activities of production, transport, distribution, supply, import, export and sale of the electricity on the Congolese territory.

This text favors the appeal to the private initiative and establishes a regime of competition in the sector of the electricity. Because while asserting the character of public utility of this activity, the code establishes the regime of delegation of the public utility of the electricity, the State keeping however the privileges of control to ensure the service. It defines the rights and the obligations of the agents both for the legal and fiscal plan. Finally this text allows the existence of the auto-producers and the producers independent from electricity.

This code defines the new national policy of the water which aims at assuring a rational use of the water, at preventing the harmful effects of the water and at fighting against the pollution of the water with the creation of a consultative organization called "consultative council of the water ".

It determines and affects the hydraulic public domain and sets up mechanism of quantitative and qualitative protection of water resources.
The application of the contracts of delegation of the public utility of the water demonstrates the will of the authorities to liberalize this sector while reserving to the State the role of control and regulation.

The Congo applies a customs code common to the member states of the CEMAC. This new code will be soon accessible on our site.

Other texts are in the course of elaboration

The code of telecommunications;
The state-owned code.