Starting a business in Benin in less than three hours has become a reality. The facilities offered by the new platform www.mybusiness.bj that is revolutionizing the business climate in Benin were exposed to private sector actors. Starting a business in Benin can now be done from home in record time.

This revolution revolves around six points which are:

– Creation of the company from your home ( www.mybusiness.bj ),
– Creation of the company from the formalization terminals of APIEX,
– Obtaining all of the company’s secure certificates without having to travel ( www.mybusiness.bj )
– Reduction of procedures from 6 to 1,
– An online payment solution (via Credit card and mobile money) and
– Dematerialized certificates authenticated by QR code.

For the Director General of the Agency for the Promotion of Investments and Exports (APIEX), Mr. Laurent Gangbès, this platform is a major development in business in Benin. Better still, it is easy to use and opens up an infinite field of application to entrepreneurs. “Whether you are in Benin or abroad, the constraint of traveling for the creation of your business no longer poses” he added. Everything is done online in an hour 30 minutes or even 2 hours. According to him, this innovative tool for the private sector was made concrete thanks to the government’s commitment. “The country can only be transformed thanks to this tool which offers excellent business creation conditions for entrepreneurs”. With this tool, statistics show that 48% of businesses are created in three weeks in Benin. “This is a big step forward, Benin is changing,” he said. Other facilities for emerging businesses are recalled. In the first year, there is a tax exemption for new businesses.

According to the Director of Studies of APIEX, Mr. Éric Akouté, the platform www.mybusiness.bj among other things, allows you to consult online if the name of the company already exists and impacts the time spent on creation, which reduces the cost for entrepreneurs. As proof, he recalls, 59 companies were created online in no time in the single day of Tuesday March 03, 2020. The goal, he continues, is to be number 1 in this Doing Business indicator. “I am satisfied that rare things are happening in Benin. Many countries are not there, the creation of a business in one hour and 30 minutes is extraordinary”, entrusted the Technical Advisor to the follow-up of the reforms, Mr. Ilyass Sina, representative of the Minister of Economy and Finance. He stressed that other more ambitious reforms are in preparation to be able to better support the development of the country. “The environment will be further improved, businesses will be better off, and the national economy will be prosperous,” he said.