Tax exemptions for subcontractors involved in the GTA project

The Additional Act to the Inter-State Cooperation Agreement on the development and exploitation of the Grand Tortue/Ahmeyim field provides in Title II for exemptions and suspensions for subcontractors involved in the GTA project. The main exemptions are set out below. Value added tax Article 6 of the Additional Act treats deliveries and services provided to […]

How do you protect your trademark in the OAPI zone?

A trademark is a key element of differentiation and value enhancement for any company. Protecting your trademark is essential for securing your commercial identity and avoiding fraudulent use by third parties. By obtaining an official registration, anyone can guarantee a monopoly of exploitation and strengthen their credibility.In the OAPI space, where the protection of trademarks […]

Legal 500 – Country Comparative Guides 2025

1. Does your jurisdiction have an established upstream oil and gas industry? What are the current production levels and what are the oil and gas reserve levels? Since the first discoveries of oil and gas in its sedimentary basins, Senegal has established itself as a strategic player in West Africa. In 2024, the country is […]

Decree No. 2024-847 regulating digital platforms and the operation of chauffuer-drivenvehicles.

On 28th March 2022, Senegal adopted Decree No. 2024-847, which regulates digital chauffeur/client platforms and the operation of Chauffeur-Driven Vehicles (CDVs). The expansion of the legal framework for public transport in Senegal, particularly with the regulation of CDVs (Chauffeur-Driven Vehicles), is part of a wider transformation of the urban and intercity transport sector. This transformation […]

Senegal removed from the Financial Action Task Force (FATF) grey listBetween national efforts and regional cooperation

Senegal was recently removed from the grey list of the Financial Action Task Force (FATF), an international organisation responsible for monitoring money laundering, terrorist financing and the proliferation of weapons of mass destruction. Placed under enhanced scrutiny in 2021, Senegal was one of the countries with strategic deficiencies in these areas. This withdrawal marks a […]

Overview of Banking Regulations in Senegal

Banking regulations in Senegal are primarily governed by the Uniform Banking Law No. 2008-26 of July 28, 2008, and the Regulation No. 09/2010/CM/UEMOA, which pertains to the external financial relations of UEMOA member states. Although these regulations are under review-with a new uniform banking law adopted within UEMOA but not yet effective in Senegal-they remain […]

The impact of payment of the insurance premium on tacit renewal

The insurance premium is the consideration that constitutes the policyholder’s essential obligation.Under the terms of article 13 of the CIMA Code, paragraph 2, ‘the taking effect of the contract is subject to payment of the premium by the policyholder’.This provision makes the coming into force of the insurance contract subject to the payment of the […]

Renegotiating extractive contracts in Senegal.

Senegal’s extractive sector, encompassing oil, gas and mining resources, occupies a strategic position in the national economy, offering significant prospects for economic development. While the mining industry has been active since 1950, with the opening of two large phosphate mines in the Thiès area, the year 2024 marks the start of production of offshore oil […]

The impact of payment of the insurance premium on tacit renewal

The insurance premium is the consideration that constitutes the policyholder’s essential obligation. Under the terms of article 13 of the CIMA Code, paragraph 2, “the taking effect of the contract is subject to the payment of the premium by the policyholder”. This provision makes the coming into force of the insurance contract subject to the […]