Togo: 2032 land titles issued between January and August 2018, up 55%

Economic governance
Friday, 28 September 2018 13:02
  Togo: 2032 land titles issued between January and August 2018, up 55%

(Togo First) - Between January and August 2018, around 2032 land titles were issued, against 1034 over the same period the previous year. The rise (+55.8%) was spurred by the various reforms implemented by the Business Climate Cell and measures initiated by the Togolese Revenue Office.

In effect, the improvement is to be attributed to the tax office’s decision to sign up to 100 titles and 150 plot plans every week. In this framework, from September 1 to 13, 2018, 126 land titles were produced, against 75 in 2017, over the same period.

Meanwhile, significant efforts were mustered in regards to the issuance of post-registration acts such as mortgages and property transfers…

Since June, the tax commissioner, as conservator of land and mortgages delegated his signature to Bali Komi, head of Land Conservation, for the issuance of all documents related to post-registration activities.

This decision, he took to speed up processes, optimize revenues and facilitate access to loans for business owners.

For the tax commissioner's office, the adoption of the new tax code voted June 5, paired with purchase of new cadastre and land conservation equipment, paved the way for much more progress in regards to land management.

Fiacre E. Kakpo

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