Tax Compliance: OTR launches New Business Week in Lomé

Economic governance
Wednesday, 15 November 2023 03:19
Tax Compliance: OTR launches New Business Week in Lomé

(Togo First) - Togo’s Tax Authority, the OTR, kicked off the first edition of the New Business Week on November 13. Set to end on November 17, the event takes place in Lomé, the capital. 

Targeting especially businesses that officially registered this year, the New Business Week aims to help these companies better understand their rights and obligations as taxpayers.

For its part, the OTR’s goal through the event is to make the new businesses more tax-compliant and bolster cooperation between the OTR and the private sector. "By providing detailed information and practical advice, the OTR aims to strengthen tax compliance while facilitating the development and growth of these emerging businesses," the OTR stated.

Over the week, participants will take part in interactive workshops, informative seminars, and Q&A sessions led by tax experts. Thus, the entrepreneurs will obtain precise answers to their concerns, while expanding their business network.

In the first semester of this year, nearly 8,300 new businesses were registered at the Centre for Business Formalities (CFE), and 78% of these businesses were set up by men and 27% by women only.

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

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