The duration of our professional lease agreements is 3 years for office rentals. Concerning land, the long-term lease is a minimum of 30 years and renewable for 99 years.

Yes. Contracts are renewed at the request of the tenant; they can be renewed by tacit renewal.

1. Company Accredited under the special tax regime of the ZBTIC.
Pay the accreditation fees (5 million FCFA) and the 1st rent. installation plus charges - Pay 2.5% of its turnover to VITIB.
2. Accompanying company subject to the national tax/customs regime. Pay an entry fee and the 1st rent of installation plus the charges - Pay 1% of its turnover to VITIB.
NB: In this case, the conditions can be negotiated.

For Factory/warehouse = 60% buildable and 40% for your parking and garden, green space For Office/administration/training center=40% buildable and 60% for your parking and green space.

Production zone = 1,500 FCFA/m²/year Administrative zone (on the edge of the highway) = 2,000 FCFA/m²/year Residential and commercial zone (smart city) = 1,000 FCFA/m²/year.

Production zone: 12 months for land development (start of work) after which your letter of attribution is transformed into a long-term long-term lease (mini 30 years) Administrative and residential zones: we observe the same requirements. However and given the different studies to be carried out (soil, architecture and town planning), an additional delay may be granted to the promoter.

The law creating the Free Zone provides for numerous benefits for its users, including: 0% of taxes, 0% of taxes and 0% of customs duties. In the 6th year, a final tax is requested from you; it is 1%.

At Vitib

• Facilitation of resident permit
• No limit on currency transfer imposed
• Opening of a currency account
• Temporary admission of your company's vehicles (no customs fees)

In Côte d'Ivoire

Côte d'Ivoire adopted a new investment code on August 1, 2018. The new system includes a number of innovations ranging from the renewal of the institutional framework to the reorganization of tax rules, including new obligations on investors. It is part of a goal of transparency and attractiveness of investments. You will have to refer to the investment code.

The law creating the Free Zone provides for several tax and customs exemptions.
The Law allows, instead of a sale, the possibility of signing lease agreements.

The benefits related to accreditation are:

• More than 200 ha of developed land
• A very incentive legislative and regulatory framework
• A qualified local workforce
• Freedom of fund transfer
• Visa and employment contract for foreign nationals and their families
• Access to a One-Stop Shop to facilitate and speed up administrative formalities
• Privileged access to the markets of ECOWAS, ACP countries and the Francophone area
• Quality and continuous water and electricity network in supply

Tax advantages

✓ 0% of taxes during the first five (05) years

✓ 1% of tax starting from the 6th year, with the possibility of reducing this percentage depending on the recruitment of a significant number of nationals

✓ 0% of taxes on the costs of production factors (water, electricity, oil products)

✓ 0% of taxes on service costs

✓ No corporate tax on profits made by accredited companies

Customs advantages

✓ 0% of customs duties and taxes on both import and export

✓ Exemption from the import verification program (SGS, VERITAS)

✓ 0% of customs duties on oil products

✓ 0% of taxes, duties and taxes on the importation of construction materials and equipment and infrastructure

At VITIB, no land disputes. You can start your work as soon as your letter of attribution is signed by the General Director of VITIB (while respecting the construction standards and the administrative procedures, which are also facilitated due to your presence at VITIB).

At VITIB, no land disputes. You can start your work as soon as your letter of attribution is signed by the General Director of VITIB (while respecting the construction standards and the administrative procedures, which are also facilitated due to your presence at VITIB).

YES clear. Just pay the land fee plus 10% as a contribution to the common charges for the maintenance of the technology park.

YES his building asset (it being understood that the land is given to him for rent, having then only the fructus and the usus, not the abusus on this land.

Yes. Banks generally require a letter of non-objection from VITIB

It is up to the investor to come with an environmental and social impact study and to comply with the architectural and town planning standards of the Zone.

YES but just a mass plan where each activity is distributed.

There is a mass plan with characteristics to be respected. Available from VITIB SA upon simple request.

Of course. VITIB sits on the One-Stop Shop Committee for the Building Permit and ensures the issuance of the permit in 15 days (instead of up to 90 days in general practice)

The mass plan will be made available to you to help you make decisions...

Minimum plot: 5000 m²

Production zone = 1,500 FCFA/m²/year
Administrative zone (on the edge of the highway) = 2,000 FCFA/m²/year
Residential and commercial zone (smart city) = 1,000 FCFA/m²/year
No hidden fees as far as VITIB SA is concerned. Please be aware, however, that you must interact with the construction administration for certain formalities, mainly the BUILDING PERMIT which is not the responsibility of VITIB but of the Ministry of Construction and may incur fees.
The rental cost is increased by 10% to cover common charges: maintenance of green spaces, common areas in buildings, lighting of common areas, etc.

Possible, but that...

The mass plan will be made available to you to help you make useful decisions... It is possible to build: office buildings, sheds housing assembly lines, factories, housing, hotels, commercial centers.
Basically, you can build what you and we are going to validate/agree on.
Yes, it is allowed to develop in phases.

Minimum plot: 5000 m²

Production zone = 1,500 FCFA/m²/year
Administrative zone (on the edge of the highway) = 2,000 FCFA/m²/year
Residential and commercial zone (smart city) = 1,000 FCFA/m²/year
No hidden fees as far as VITIB SA is concerned. Be informed, however, that you must interact with the construction administration for certain formalities, mainly the BUILDING PERMIT which is not the responsibility of VITIB but of the Ministry of Construction and may incur fees.
The rental cost is increased by 10% to cover common charges: maintenance of green spaces, common areas in buildings, lighting of common areas, etc.

Possible, but that will depend on the Director General of VITIB.