The provisions of the General Tax Code prescribe the subscription of the declaration of existence to the tax services for any company within thirty (30) days of its declaration. As of February 1, 2019, this declaration will be made on the occasion of the business creation formalities at the one-stop-shop for business formalization (GUFE) of the Agency for the Promotion of Investments and Exports (APIEx). Consequently, no more formalities are required from new companies in the tax services before carrying out their activities. I invite all business promoters as well as tax administration officials to comply with this new procedure which aims to improve the business climate in Benin. Romuald WADAGNI