There are no laws or practices that discriminate against foreign investors. In fact, the new investment code of January 2012 prescribes the right for foreign and domestic private entities to establish and own business enterprises and engage in all forms of remunerative activities; free management and circulation of capital for foreign investors; respect of private property and protection of private investment against expropriation.
Acquisition of Holdings
Foreign investors can own 100% of a Togolese company or create a wholly owned subsidiary. There is no obligation for a foreign investor to associate themselves with a local investor.
There are no formal investment approval mechanisms in place in Togo for inbound foreign investment, nor rules, restrictions, limitations or requirements applied to private investments.
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