Adoption of the Investment Code: An Important Step for APIM and the Business Environment in Mauritania 🇲🇷!

The Council of Ministers reviewed and adopted today the draft law for the Investment Code.
This draft law, developed under the coordination of the Investment Promotion Agency of Mauritania (APIM) with assistance from the IFC, is the result of an inclusive process integrating contributions from stakeholders in both the public and private sectors.

The proposed Investment Code introduces key incentives aligned with the Investment Policy Letter, including:
📚 A tax credit to encourage professional training for employees;
🌱 An incentive for environmental sustainability;
🏢 Strengthening the SME framework;
🏗 Introduction of the structuring investment regime.

Substantial reforms to the amended 2012-052 law are introduced, namely:

📈 Harmonization of incentive regimes with international standards to enhance the attractiveness of the legal and fiscal framework for investors;
⚙ Streamlining administrative procedures to ensure efficient processing of investment-related formalities;
🌍 Expanding the eligibility scope of sectors, offering diverse investment opportunities;
🔒 Strengthening legal guarantees to secure investors’ rights and interests in a predictable and stable legal framework.

In accordance with legal provisions, the draft law will be submitted for review and adoption by the National Assembly before being promulgated by His Excellency the President of the Republic.