It was during the Council of Ministers on Wednesday, February 28, 2024 that the Beninese government authorized the approval of the specific investments regime of the Investment Code in the Republic of Benin at three (03) society& eacute; s for the development of their project

SOBEBRA SA, DREAM BEACH SARL, and BENIN TECK COMPANY SAS are approved respectively for the project of installing a new bottling line at the Cotonou factory; of building and operating a 5-star hotel COVE BEACH HOTELS & RESSORTS” ; IBILE” in Djomèhountin (Cotonou); and the construction and operation of a modern carpentry factory in Houègbo, municipality of Toffo, specializing in the design and manufacture of

In fact, article 40 of the Investment Code in the Republic of Benin mentions that “projects eligible for the specific investment regime benefit from a total exemption from entry duties and taxes, with the exception of road tax, statistical tax, customs stamp, customs stamp, Community Levy (PC), Community Solidarity Levy (PCS) and Solidarity Levy (PS) on all approved investments. The companies carrying out these projects are under the common law regime