in Short

Togo A new, more attractive land framework

The reforms undertaken in the land sector in Togo have resulted in the adoption of a new land and state code. In the same dynamic, a single land window is created and simplifies procedures, deadlines, costs. What make the country conducive to investment. In June 2018, Togo adopted a new state-owned land code, set up a single land window and a land information system that collects information related to plots in a database. The procedures have already started in Greater Lomé and will extend to the major cities of Togo and then to the whole of the national territory. A decree limits the processing of fragmentation and transfer files to 180 days. Small operations such as write-off and mortgage registration are set at 30 days by the state. These reforms, which have put banks in confidence today, attract more investors and have earned Togo the 56th place in terms of property transfer worldwide according to the 17th World Bank Doing Business report. They obviously help to improve the business climate and allow for speed in the processing of files and simplification of procedures.

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