National Instruments and Laws - Burundi
Burundi has laws and other national instruments that regulate trade and investments. These laws and instruments are already implemented and applicable for the economic development of Burundi. These include, among other things:
- Law No. 1 of January 16, 2015 on the Commercial Code
- Law No. 1/015 of July 31, 2001 revising Decree-Law No. 1/3 of August 31, 1992 establishing a free zone regime in Burundi. In 2008, this law was incorporated into the new Investment Code
- Law No. l/24 of September 10, 2008 on the investment code of Burundi
- Order No. 120/vp2/027 of January 31, 2013 on the creation, organization and operation of the one-stop shop for business creation in Burundi
- Law No. 1/06 of March 25, 2010 on the legal regime of competition
- Law No. 1/14 of April 27, 2015 on the general regime of public-private partnership contracts
- Law No. 1/12 of July 29, 2013 revising Law No. 1/02 of February 17, 2009 establishing the value added tax. (VAT)
- Ministerial Ordinance No. 540/1351 of September 23, 2013 implementing measures for Law No. 1/12 of July 29, 2013 on the Revision of Law No. 1/02 of February 2000 institution of value tax added (VAT)
Burundi, a partner country of the East African Community and a member of other regional economic communities, has signed several trade agreements between one or more African countries and outside the African continent.
Burundi is also a member of the World Trade Organization (WTO) since July 23, 1995 and is a member of the General Agreement on Customs Tariffs and Trade signed in 1947, which aims to develop free trade.
Burundi is also part of the Customs Union and the Common Market of the East African Community, which consists of creating a regional economic bloc characterized by the free movement of goods and investments.
Among the main objectives of the East African Community Customs Union are the liberalization of regional trade in goods on the basis of mutually beneficial trade agreements between the Partner States of the East African Community as well as the removal of barriers to trade that they are technical, tariff and non-tariff.
With the trade agreements concluded, Burundian economic operators can import or export goods freely to or in other African countries and outside the African continent, according to the agreements concluded and in force.
Burundian women in Commerce and other sectors that can generate income can also take advantage of these business arrangements to grow and expand their businesses and prosper economically.