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Congo (Dem. Rep.) (GMT +1)


      General:
           ▪ Capital City: Kinshasa
           ▪ Official Language: French
           ▪ Currency: Congolese Franc (CDF)
           ▪ Main Exports: Crude oil, cathodes, cobalt, copper, coffee, diamonds, gold
           ▪ Surface Area: 2 344.9 sq. km (thousands)
           ▪ Population: 112,8 million (2025,est)
      Key Economic Indicators:
           ▪ GDP: $79,12 billion (2025) / GDP Growth Rate: 4.7% (2024)
           ▪ CPI Inflation Rate (annual): 8.9% (2025)
           ▪ Sovereign Credit Ratings: Moody’s: B3, S&P: B-,
          Fitch: Not rated (High Credit Risk)
           ▪ Indicator of Economic Freedom Score: 47.3/100 (2025): Repressed
      Exchange Controls:
           ▪ Exist but liberal
      Basis of Taxation: (Tax Year End: 31 December)
           ▪ Source based tax system for residents and non-residents
      Tax Rates:
           ▪ Individuals: Progressive rates to 40%
           ▪ Companies: 30% (including mining companies)
           ▪ Inheritance and Donations Taxes: N/A
           ▪ VAT: 16%
           ▪ Withholding Tax: Varying rates apply to residents and non-residents
           ▪ Capital Gains Tax (CGT): Generally taxed as ordinary income
           ▪ Double Taxation Agreements: Belgium and South Africa
      Useful links:
           ▪ Directorate of General Taxation   http://dgi.gouv.cd
           ▪ ANAPI                 http://www.investindrc.cd
           ▪ Central Bank of Congo   https://www.bcc.cd

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