ANNOUNCEMENT 14 Jan 2013

In January 2013, the government of Benin announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Law 2013-01 (in French), http://api.ning.com/files/LuE0p2I1yg8u7KCxeiGy2kcHn8F0-4U07akj1RG-B0z4AG81UcvhbOmYQUYNOHARNFtvQ0SG5galDeJ8B9OMQ9njfrlIJ971/DSLLOIPORTANTCODEFONCIERI1.pdf
UNCTAD (in English), http://unctad.org/en/PublicationsLibrary/webdiaepcb2013d2_en.pdf


Inception date: 14 Jan 2013 | Removal date: open ended

FDI: Entry and ownership rule

On January 14, 2013, the national assembly of Benin adopted the new Land Code (Law No. 2013-01) which prohibits land ownership by foreign entities. From now on, foreigners are only allowed to enter into long-term leases (max. 50 years, non-extendable) for a maximum of 1000 hectares per investor. 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A