Senegal | How to Exempt a Company from CFCE Contributions

Senegal | How to Exempt a Company from CFCE Contributions

Within Senegal companies may be exempted from CFCE contributions if certain criteria are met.

Exemption reasons criteria include the below.
  1. Created a minimum of 50 additional stable jobs over a 3 year period.
  2. Export Corporations
  3. Granted with the code des investments regime de l'apix (Loi 2002-06 par la Loi 2012-32 du 31 Decembre 2012)
  4. Mining, oil and gas companies
  5. Public and parapublic organisations
To activate the exemption option for the above list of reasons navigate to

Config > Basic Settings > Company Settings > Basic Company Information

Select the Statutory fields Tab.

      

Select the applicable option from the dropdown list provided and select Update.