TRADE RULES IN BENIN
Under the provisions of Law No. 90-005 of 15 May 1990 setting out the conditions for the exercise of commerce activities in the Republic of Benin:
1 / carrying out any commercial activity and the provision of services is deemed free trade in Benin.
2 / Benin import of any goods is free, except those which would impair the security of the State, public health and morality or having a strategic character.
3 / No regulation of foreign trade of Benin does not make the importation of goods prior to shipment of samples. It is recommended that any exporter to be vigilant so as not to get caught in the game of requests for samples required.
4 / It does not exist in a Council of Benin Export control before they are loaded towards the outside.
5 / By contracts, there is a structure for the safe handling of contract formalities and payments and inspection of goods at the port of entry in the direction of the Republic of Benin, namely: LA PANNEAU/MAITRE OKAFOR AND ASSOCIATES AND INTERNATIONAL BIVAC.
6 / No registration fee is required of the products of foreign companies prior to export their goods to Benin.
7 / business card or an importer Tradesman issued to the Manager of a company by the administrative authorities of Benin (Ministry of Commerce in charge) is strictly personal and not transferable. This card can be used to recommend or sponsor another company.
USEFUL TO TAKE PRECAUTIONS
It will:
1 / Learning about the real existence of the company with which you want to establish a relationship of partnership. In this case, you can:
2 / Ensure that the client installed in Benin is registered on SOCIETE with registered address and registration numbers;
3 / Ensure that you verify the registration numbers and addresses of your partners by clicking on the Verification link on this site.
GUARANTEES FINANCIAL REGULATIONS OF IMPORTS
Arrangements for ensuring regulations on the export Benin are:
1 / Requiring payment by means accepted in international trade of the value of goods;
2 / Ensuring necessarily debit transactions with licensed banks in Benin;
• Transfer
• The certified check or cashiers check preferably
• the commercial
• remission documentary
• 100% Telegraphic Transfer or irrevocable letter of credit
