Investment guide · Foreign exchange and capital flows: institutional map

In force

Institutional map (who does what)

Office des Changes: regulation of foreign exchange operations (IGOC) and the regime framework.
Intermediary banks: current operations, domiciliation, document checks and statistical declarations.
DGI: tax compliance (tax receipts, withholding).

The IGOC 2026 entered into force on 1 January 2026 and restructures the rules by type of operation and user profile.
Convertibility regime: direct investment in foreign currency (capital, subscription, shareholder loans) opens the right to transfer income and capital.
Dividends and profits: transferred on presentation of audited statements, allocation decision and tax receipts through the bank.
Shareholder loans: bank avis de crédit and registration of external debt required; repayment on presentation of the contract and withholding receipts.
Import advances: general ceiling of 30% (up to 50% by sector), subject to documentary consistency.

Official sources

Facts in this record rely on an official primary source; texts may be amended, so refer to the official text and the latest Bulletin Officiel.

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