Explore The Northern Corridor
Business Environment
Overview
Investment climate for the Republic of Burundi.The Republic of Burundi is a country in the Great Lakes region of East Africa with 27,834 km² and 10.16 million inhabitants (WB 2013 est.). The neighboring countries are Rwanda to the North, Tanzania to the East and South and the Democratic Republic of Congo (DRC) to the West.
The agricultural sector occupies 90% of the population and thus represents the major employer in the Burundian economy; however, it is the tertiary sector that contributes more to the GDP.
Furthermore, in terms of the business and investment climate, the Government of Burundi has undertaken bold reforms that have led to the improvement of its Doing Business ranking. At the one-stop shop for business creation, it is possible to create your company in less than 2 hours. According to the 2015 Doing Business ranking, Burundi ranks 18th in the world on the company creation indicator.
Investment Incentives
Tax Incentive
Tax Incentives
The tax incentives available to eligible investors are as follows:• Exemption from customs duties on raw materials and equipment and especially special vehicles;
• Exemption from transfer duties in case of acquisition of fixed assets (land or building);
• Payment of countervailing duties of 5% instead of 10 to 25% on semi or finished products intended to carry out its investment project (consumables are not concerned);
Subsidy