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Democratic Republic of the Congo Tax Changes for 2024 Including Revised Advance Tax Payment Requirements

|Approved Changes|Congo (DRC)
Congo (DRC)

The Ministry of Budget of the Democratic Republic of the Congo has published a copy of the Finance Law for 2024 (Law No. 23/056), which was originally approved in December 2023. Most of the measures are administrative in nature, including:

  • A reduction in the number of advance tax payments from four payments to three payments due by 1 August, 1 October, and 1 December, with the first two payments equal to 30% of the tax declared in the previous year and the third payment equal to 20%;
  • New pe…

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