Reforms relative to contract execution

LogoClimatAffaires

 

Creation of special chambers of commerce for small debts

 

  • These chambers handle small debts, ranging from zero to one million CFA
  • Appointment of magistrates at the head of the chambers. Audiences are set on the second Tuesday and Thursday of every month
  • Litigants can represent themselves
  • Simple procedure, without appeal;
  • Fees for submission of complaints reduced from XOF20000 to XOF9000

 

Creation of chambers of commerce at the Court of Appeal

Special chambers of commerce were established at the Court of Appeal of Lomé, with distinct magistrates assigned to them. This initiative aims to accelerate the processing of commercial disputes, especially cases on appeal.

 

Civil and commercial cases now handled by distinct clerks

Two distinct clerks were assigned to separately handle commercial and civil disputes.

Objective: Accelerate processing of commercial disputes which constitute a major source of concern for businessmen or economic operators.

 

Establishment of commercial courts in Lomé and Kara

Magistrates have been assigned to the legal institutions to ensure more efficient management of commercial disputes.

 

Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform

This measure extends the digital management of commercial conflicts to lawyers and bailiffs. “For a long time, only judges and clerks had access to the platform”, but now lawyers do as well. They can use it to “address commercial courts, proceed to online payments, and keep track of their cases”.

 

A maximum period of 100 days was fixed to settle a commercial dispute

Article 23 of the law n°2018, December 10, 2018, states that “all cases submitted to the court of commerce must be processed within a period of 100 days, starting from the day of submission, and this period shall under no circumstances be exceeded”.

 

LogoClimatAffaires

REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

 

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts  • Creation of chambers of commerce at the Court of Appeal  • Civil and commercial cases now handled by distinct clerks  • Establishment of commercial courts in Lomé and Kara  • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

 

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

 

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

 

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

 

REGISTERING A PROPERTY  (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

 

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

 

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

 

togofirst mobile

 
Sondage
Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
    Don't have opinion
    19.61%
← Back
Total 102 Votes

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

Please publish modules in offcanvas position.