Law No. 008 of February 08, 2019 on the orientation of the national policy for the promotion of Small and Medium-sized Enterprises which provides for incentive and attractive measures in favor of SMEs such as tax allowances or even business combinations, in order to make them more competitive. It incorporates the overall objective of diversifying the economy, aims to better adapt legislation to the political requirement of developing entrepreneurship and improving the business environment. This law therefore presents a redefinition of the field devolved to SMEs, it improves the legal framework for carrying out activities in the sector, by providing a clear and more complete definition of companies classified by categories.

Much more than that, this law specifies the status of the entrepreneur (the self-employed), in order to better integrate the actors of the informal sector into the economic fabric by promoting the creation of companies and the gradual transition from the informal. formal. In addition, it recommends reform of the SME Approval to ensure the real existence and technical capacities of the company holding this document to allow access to public procurement only to actors whose regularity The law on orientation and promotion of SMEs proposes an increase in the turnover of SMEs to take into account the need to promote national champions whose products and services are also essentially intended to be competitive on the foreign market.

Law No. 009/2018 of February 08, 2019 relating to SME supervision and support structures aims to adapt national regulations to practical requirements by actors operating in the field of SME supervision and support. This law will help not only to fill the existing legal void, but also to provide support tailored to the needs of project leaders and young companies. The implementation of these laws makes it possible to further accentuate the diversification of our economy desired by the President of the Republic, His Excellency Ali BONGO ONDIMBA and will considerably reduce our vulnerability to variations in the price of raw materials and sub-regional competition, with the African Free Trade Zone.