Senegal, West Africa
For several years, the country has introduced various reforms to improve the business world, facilitate the work of entrepreneurs and increase its attractiveness. Taking a look at the latest report on economic data, Senegal has become part if the five most advanced countries in South Saharan Africa. In addition, the country is now one of the 10 favorite destinations on the African continent by international investors.
The country has become a great place to do business. Nowadays every Agency is able to carry on and follow all the phases related to the creation of a business, the payment of taxes, the building permit, follow everything online, on secure platforms, without moving. Other measures have greatly simplified the lives of entrepreneurs and investors, such as lower energy costs, the creation of special economic areas or tax incentive packages.
The brand new "Dakar Commercial Court" is a new benchmark that is improving the business climate in Senegal. Moreover, a conciliation phase is mandatory in all procedures. Recently, a data sharing system has been in operation, it helps to protect investments, reduce the cost of credit. In short, there are more and more investments aimed for wealth and growth.
Cosmos Ivicsa is committed to collaboration in Senegal. We have already built two hotels; respectively of 4/5 stars and are currently in progress of another project.