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Tax Authority of the Democratic Republic of the Congo Provides Overview of Tax Changes for 2021

|Approved Changes|Congo, DRC
Congo, DRC

The Directorate-General for Taxes of the Democratic Republic of the Congo has published an overview of the tax changes for 2021 that was presented in April. Key measures include:

  • The elimination of the VAT exemption on the import of goods by mining companies in the operating (exploitation) phase, with the exception of petroleum products;
  • New requirements for exporting companies to file documentation on the repatriation of funds in accordance with foreign exchange regulations, in addition to…

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