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Benin Finance Law for 2022 and New General Tax Code

30 December 2021

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Approved Changes

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Benin

Benin's tax authority (DGI) has published the Finance Law for 2022 (Law No. 2021-16 of 23 December 2021). Some of the main measures of the law are summarized as follows: The renewal of several prior measures, including: an exemption from all customs duties and taxes and VAT during the period 1 January to 31 December 2022 for: new trucks imported, manufactured, or sold in new condition in Benin; new four-wheeled vehicles imported, manufactured, or sold in new condition in Benin and intended for the establishment of a fleet of taxis in the major cities (excluding large and commercial vehicles); buses,...