Gabon

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One of the three key pillars of the Emerging Gabon Strategic Plan is Services Gabon, which addresses the development of a skilled labour force and aims to establish the country as a regional centre for financial services, tertiary education, health and environmentally sustainable development. To this end, efforts are now under way to increase...

 

What do current economic partnership agreement (EPA) negotiations with the EU entail?

 

How can the vulnerability of African markets to global shocks be reduced?

 

In accordance with its liberal economic principles, the country is open to foreign investors, and the rights of free enterprise are guaranteed. 1. GENERAL LEGAL ENVIRONMENT A. Constitution & other sources of rules: Gabon has a civil law structure with a hierarchy of legislation – lower laws need to comply with upper laws.

 

Effective since February 1, 2016, new fiscal provisions were established by the Finance Act of 2016. Subject to the provisions of applicable tax treaties, the withholding tax rate on fees paid by Gabonese debtors to non-residents has increased from 10% to 20%. This withholding tax applies to royalties and other payments made for services...

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