The creation of a business in Benin is done 100% online hoisting Benin according to UNCTAD as the fastest country in the world in the field. But he does not intend to limit himself on such a good path. After the dematerialization of the procedure, a new battery of measures are offered to business creators to boost the private sector. It is to popularize these innovations that the Minister of Economy and Finance Romuald WADAGNI invited the actors of the sector on Monday April 26, 2021 through an afterwork at the Novotel Hotel Orisha in Cotonou … Make the process of creating a business in Benin more fluid. This is the dynamic of the reforms initiated by the government. Three innovations are added to the dematerialization of business creation: 1- the deletion of the declaration of existence (no need to go to taxes to indicate the geographical location of your company when it was created. The information is now provided online) 2- the employer number is automatically generated online (no need to go to the National Social Security Fund to register as an employer) 3- the elimination of the requirement of the marriage certificate for women when establishing the National Identity Card and passport According to Illyass SINA Technical Advisor to the Minister of Economy and Finance in charge of monitoring reforms, these measures lighten the burden on entrepreneurs. Hence a flowering of new businesses in Benin lately. 40,000 businesses created in 2020 From 13,000 in 2015, the number of businesses created in Benin rose to 40,000 in 2020, according to Laurent GANGBES, Director of the Agency for the Promotion of Imports and Exports (APIEX). This increase is the result of reforms to improve the business climate. They relate in particular to the reduction of the number of procedures, the time, the costs and the minimum capital required. Since February 17, 2020, it is possible to create a company 100% online via the platform www.mon entreprise.bj, indicates Eric AKOUTEY, Director of Studies at APIEX. Survival of young companies … The declaration of registration with the tax authorities is no longer an obligation. During the first twelve months of its existence, the company does not receive tax services, not even for a courtesy visit from inspectors, suggested Nicolas YENOUSSI, Director General of Taxes. He adds “that with a simple declaration on their honor, promoters can reactivate their businesses which have ceased to function for several years. ” As for the alleged tax burden that promoters always evoke, there are government reforms to normalize it and improve the survival of businesses. The Support Project for the Strengthening of Private Sector Actors (PARASEP), the law on the promotion of micro, small and medium-sized enterprises and the incentive measures and improvement of the business climate contained in the finance law, are so many instruments for the survival of companies. An overhaul of the General Investment Code and the issuance of online tax certificates next month are announced as measures to boost the private sector.
