TITLE II 

ELIGIBILITY CRITERIA 

ARTICLE 5 

To benefit  from the advantages of the declaration system, the enterprises  shall submit a form duly completed and previously obtained from the Investments Promotion Centre in Côte d’Ivoire  (CEPICI). 

Within two (2)  days of receiving the declaration, CEPICI will issue a certificate of deposit. 

ARTICLE 6 

To  benefit from the advantages of the investment approval system, the enterprises shall : 

1) submit an application for approval in keeping with the model defined by the   by law of the Minister of Trade and Industry ;

2) be legaly constituted ; 

3) present a tax of existing declaration ; 

4) give a description of the project according to a form defined by the Minister   of Trade and Industry ; 

5) produce a comprehensive inventory of the materials, capital goods and       spare parts entitled to benefit from the advantages according to a model           determined by the bylaw of the Ministry of Trade and Industry ; 

6) provide an administrative authorization to practice or operate, with regard to           the regulated professions. 

ARTICLE 7 

In accordance with articles 7 and 12 of the aforementioned law,  enjoyment of the advantages of the declaration system shall be  subject to a report by the services of the Direction Générale des Impôts (DGI) that the investment has been made and that it falls under a real tax system (simplified system or standard real system). 

TITLE III 

APPROVAL PROCEDURE 

ARTICLE 8 

            The investment approval benefit shall be subject to the submission of a document containing the information in article 6 of this decree. 

ARTICLE 9 

            The approval document shall be sent in 10 copies to the  Investments Promotion Centre in Côte d’Ivoire (CEPICI) which will acknowledge receipt of them within eight (8) working days of their submission, and forward them within four (4) working days to the Direction du Développement Industriel (Directorate of Industrial Development (DDI). 

ARTICLE 10 

            Within eight (8) days of receiving the document, the Directorate of Industrial Development shall prepare a wrap-up report of the project for the members of the investments Technical Committee referred to in article 11 below. 

ARTICLE 11 

            In application of article 15 of law n° 95-620 of 3rd August 1995,   the Investments Technical Committee  shall comprise  : 

      1) the Director of Industrial Development, Chairman of  the Committee ; 

     2) the General  Director of Customs or his representative ; 

     3) the General Director of Taxes or his representative ; 

     4) the General Director of the Investments Promotion Centre of Côte   d’Ivoire (CEPICI) or his representative, who runs the Secretariat of     the Committee ; 

     5) the representative of the Technical Ministry involved in the project,  as the case may be. 

The Investments Technical Committee, upon the invitation of its Chairman,  shall meet within eight (8) days of the sending of the wrap up project report to its members. 

ARTICLE 12 

            The opinion expressed by the Investments Technical Committee is acquired by relative majority of its members. 

            In case of equality of voices, the chairman’s voice is over all.