background image
6.1. Main Rules Governing the Determination of Taxable Income

Taxable income is determined by adjusting the accounting / financial income for non-tax deductions, exemptions, etc.

Taxable income is based on financial statements prepared in accordance with principles set by the OHADA Accounting Act.

Effective 1 January 2021, credit institutions, microfinance institutions, insurance and reinsurance companies, security and social security agencies, and non-profit entities subject to special rules are required to include summary financial statements in accordance with the applicable accounting rules with their tax returns, in order to comply with the OHADA Uniform Act.

Taxable net income is gross income minus business expenses incurred during the tax year to acquire and retain such income.

COVID-19 Emergency Measures

In response to the COVID-19 pandemic, DRC announced that the donations and contributions made by companies to the COVID-19 Pandemic Response Fund may be claimed as a deductible expense, provided that they are supported by documentation.