Business climate: Government suppresses fees for legal notices issuance

Economic governance
Monday, 09 March 2020 15:44
Business climate: Government suppresses fees for legal notices issuance

(Togo First) - Those starting a business in Togo no longer need to pay for legal notices issued on the website of the business formalities center (CFE).

The announcement was disclosed in a statement signed by Kodjo Adedze, minister of trade, industry, and private sector development. “As part of reforms to improve the business environment in Togo, we inform entrepreneurs that the fees paid for issuing legal notices on the website of the centre for business formalities are suppressed, effective on March 2, 2020,” the document reads. 

Let’s recall that initially, public authorities had reduced the concerned fees (relative to the creation, amendment, or termination of a business), from XOF62,000 to XOF1000. 

Séna Akoda

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