Benin, along with sixteen other OHADA countries in Africa, revised their commercial law to introduce a new status called entreprenant. This status is designed for micro and small businesses, and registering with this new status is easy, free of charge and takes only one business day. Formalizing means firms gain access to many of the key benefits of formal status, but also makes the firm registered for tax purposes. Existing evidence suggests that...
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INFORMATION
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2016/11/01
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Fiche
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110816
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1
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1
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2016/12/07
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Disclosed
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Enhancing the benefits of formalization under a new status in Benin
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informal firms
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