CIT, known as impôt sur les bénéfices et profits (IBP) in the Democratic Republic of the Congo, is paid on profits realised by a company or an individual that carries out any operational activity in the country. The CIT rate is 35% (30% for mining companies).
One of the most consistently challenging aspects of contracting in Democratic Republic of the Congo is complying with the country’s tax system.
Progressive table for personal taxes in DR Congo
A standard rate of 16%.
A valid passport and business visa are required for travel to Democratic Republic of Congo.
Instructions and costs for visas to enter the DR Congo
Ground transport in theDemocratic Republic of Congo (DRC) has always been difficult. The terrain and climate of the Congo Basinpresent serious barriers to road and rail construction, and the distances are enormous across this vast country.
The national system is mostly operated by the Société Nationale des Chemins de Fer du Congo (SNCC). Not all rail lines link up, but are generally connected by river transport.
The country marked its thirteenth consecutive year of positive economic expansion in 2015. Much economic activity still occurs in the informal sector and is not reflected in GDP data.
Growth should remain strong in 2015 and 2016 if the domestic political and security situation stays calm and if external conditions remain good. It will be boosted mainly by the extractive and agro-food industries that attract most large-scale investment.