List of subcontracting companies prohibited from operating in the Democratic Republic of Congo
As part of the fight against irregularity and fraud in the subcontracting sector in the Democratic Republic of Congo (DRC), the Regulatory Authority for Subcontracting in the Private Sector (ARSP) recently published on its website lists 1,200 subcontracting companies now banned from operating in the country. This action aims to put an end to illegal practices and preserve the interests of the Congolese state, which loses nearly 8 billion US dollars each year.
According to the Director General of ARSP, Miguel Kashal Katemb, these companies were deregistered after a careful check carried out on the ground by judicial police officers. It was found that these companies were operating illegally, getting paid abroad and thus evading the country’s tax administration, while depriving the DRC of the repatriation of capital.
Among the reasons for their delisting, certain subcontracting companies were in violation of the legal provisions for the constitution of their statutes, with foreign shareholders holding more than 51% of the shares, which is contrary to the law on subcontracting in force. In addition, cases of fraud have been discovered, notably with the use of nominees to hide the true owners of companies.
It is important to emphasize that this list only represents a portion of the companies that do not comply with the established rules. The ARSP plans to continue its control actions in other provinces with high economic activity, such as Katanga, the two Kivus, Kasai and the North-East of the DRC.
Furthermore, the ARSP wishes to raise awareness among main companies about deregistered subcontracting companies. These will be notified soon, and any partnership with a deregistered company will automatically result in sanctions for the main company.
This ARSP initiative is part of the desire of the President of the Republic, Felix Tshisekedi, to promote Congolese access to subcontracting markets and to fight against illegal practices. Transparency and compliance with rules are essential to promote economic development and protect the national interests of the DRC.
For the full list of subcontracting companies prohibited from operating, stakeholders are invited to consult the ARSP website.
In conclusion, this action by the ARSP aims to clean up the subcontracting sector in the DRC and to promote healthy and transparent competition. The fight against irregularity and fraud is crucial to guaranteeing the fairness and economic prosperity of the country.