loi-n-c2-b02004-06-du-6-fevrier-2004-portant-code-des-investissements-369ac431441271a1.pdf

Law No. 2004-06 of February 6, 2004, establishes the Investment Code of Senegal, replacing the 1987 code to improve competitiveness and transparency. It defines eligible sectors, provides legal guarantees for investors, and outlines specific customs and tax incentives for new enterprises and extension projects to promote job creation and regional development.

• The 2004 Investment Code was created to address gaps in the 1987 law and adapt to the globalization of production and market interpenetration, aiming to increase investment rates and accelerate growth through diversification.
• Eligible sectors for the Code include agriculture, fishing, livestock, manufacturing, mineral extraction, tourism, cultural industries, and specific services such as health, education, industrial maintenance, tele-services, and air/maritime transport, as well as port, airport, and rail infrastructure.
• Investors are provided with legal guarantees including protection against nationalization or expropriation (except for public utility with fair compensation), guaranteed access to foreign currency for payments and services, and the freedom to transfer capital and remuneration.
• To be eligible for special advantages, the projected investment must generally be equal to or greater than 100 million F CFA for the production of eligible goods or services.
• During the investment phase (covering three years), eligible companies benefit from exemptions on import customs duties for materials not produced in Senegal and the suspension of VAT on such materials and local supplier invoices.
• During the operational phase, new enterprises and extension projects can receive a five-year exemption from the Contribution forfaitaire à la Charge des Employeurs (CFCE), which can be extended to eight years if over 200 jobs are created (for new enterprises) or 100 jobs (for extensions), or if 90% of jobs are outside the Dakar region.
• New enterprises and extension projects are permitted to deduct 40% of retained investments from taxable profits over five fiscal years, with annual deductions capped at 50% of taxable profit for new enterprises and 25% for extension projects.

APA

Natural Justice (n.d.). loi-n-c2-b02004-06-du-6-fevrier-2004-portant-code-des-investissements-369ac431441271a1.pdf. https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02004-06-du-6-fevrier-2004-portant-Code-des-Investissements.pdf

Chicago

Natural Justice. loi-n-c2-b02004-06-du-6-fevrier-2004-portant-code-des-investissements-369ac431441271a1.pdf. n.d. https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02004-06-du-6-fevrier-2004-portant-Code-des-Investissements.pdf.

Wikipedia

{{cite report |author=Natural Justice |title=loi-n-c2-b02004-06-du-6-fevrier-2004-portant-code-des-investissements-369ac431441271a1.pdf |url=https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02004-06-du-6-fevrier-2004-portant-Code-des-Investissements.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{naturaljusticendloinc2b0200406du6fevrier2004portantcodedesinvestissements369ac431441271a1pdf, author = {{Natural Justice}}, title = {{loi-n-c2-b02004-06-du-6-fevrier-2004-portant-code-des-investissements-369ac431441271a1.pdf}}, institution = {Natural Justice}, url = {https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02004-06-du-6-fevrier-2004-portant-Code-des-Investissements.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }