DRC Prime Minister Announces Temporary Suspension of Business Audits
Prime Minister Judith Suminwa has declared a nationwide moratorium on state control missions targeting businesses, addressing concerns raised by the Federation of Congolese Enterprises (FEC) about administrative challenges during the fiscal year-end.
The suspension, effective from December 16, 2024, to January 30, 2025, aims to ease pressure on businesses during this crucial period.
“I have decided to grant a moratorium on all tax audits, non-tax revenue audits, and routine economic audits to allow economic operators to prepare their financial statements with peace of mind,” the Prime Minister stated in a December 19 letter.
However, the moratorium excludes control missions initiated by national financial authorities operating within the legal framework. For cases involving serious fraud requiring immediate intervention, prior special exemptions must be secured as per the directive.
The FEC had earlier called on the government to suspend such controls, arguing that they disrupt business operations and hinder companies’ ability to finalize their financial reports.
This initiative reflects the government’s commitment to reducing administrative burdens and fostering a more supportive environment for businesses during year-end financial preparations.