Theoretically, the tax of Congo (DRC) is relatively heavy, with mining company tax accounting for 65,438+00% of turnover, profit tax accounting for 40% and mineral export tax accounting for 4%. According to the provisions of the investment law, investments above $200,000 can enjoy preferential tax reduction for 4-5 years. How to flexibly adapt to the investment environment in the Democratic Republic of Congo is a challenge for the survival and development of enterprises.
The financial channel is not smooth, and the Bank of China has no office in the Democratic Republic of Congo. Chinese enterprises have to pay foreign exchange through the local branches of Belgian banks, and the handling fee is as high as 2%, which is very slow, so it is inconvenient and unsafe to withdraw cash. Nevertheless, since 2004, the number of China enterprises entering the Democratic Republic of the Congo has been increasing, and the capital flow of many enterprises is realized through indirect settlement of Hong Kong companies.
Pursuing the maximization of input and output and achieving a win-win situation are the prerequisites for determining the best investment opportunity. China's state-owned and private enterprises have a strong momentum of "going out" to participate in the international market, especially in developing countries in Africa. Some explorers who found the "first bucket of gold" in Congo (DRC) laughed at themselves as "brave".
The government of the Democratic Republic of Congo encourages foreign businessmen to buy mineral exploitation rights, establish ore markets and ore washing and smelting plants, which are good basic conditions for investing and setting up enterprises in the Democratic Republic of Congo. The biggest advantage of Congo (gold) minerals lies in their high grade and relatively low price.
According to the data of Congo (DRC) Mining Company, Belgium, the United States, Canada, Lebanon, South Africa, Zimbabwe, Israel and other countries directly and indirectly control more than 80% of the polymetallic resources in DRC through various means. It can be said that the most valuable "first bucket of gold" in the copper (cobalt) mineral resources of Congo (DRC) has been carved up, and even most mines are already in use. However, at present, the process of deep exploration and development is slow and the degree of research and development is very low. Congo (DRC) Mining Company was once a state-owned enterprise that monopolized the development of copper (cobalt) resources. However, due to poor management and heavy debts, it is on the verge of bankruptcy. Most mines have been discontinued or abandoned. The transfer price of these mines with great potential is very low, and the labor cost is extremely low, but there are also disputes over mineral property rights.
China is engaged in copper and cobalt mining in Congo (DRC), including private enterprises, large state-owned enterprises, and individuals who are affiliated with enterprises for self-employment. However, most commercial activities are still limited to local private mining and acquisition of copper and cobalt mines. Recently, the number of foreign companies and personnel engaged in copper and cobalt mining in the Democratic Republic of the Congo has surged. By February 2008, there were more than 100 enterprises in China alone, as well as several large state-owned companies, which may lead to "traffic jam" and collision between mining development and mining trade, and may also trigger the revision of some policies (including policies on local employment) in the Democratic Republic of Congo again. Therefore, it will be a wise choice to seize the current opportunity and enter the Congo (DRC) mineral market as soon as possible with lower cost and higher return.