Discusses pricing formula and other fees, value-added tax (VAT), etc.
Last Published: 8/6/2019

Prices are largely market-based, with the Fair Trading Commission (FTC) and the Consumer Affairs Commission (CAC) responsible for monitoring prices.  The CAC plays a role in conducting research and informing the public of price variations.  The National Consumer League, a local NGO, plays a watchdog role.  Most goods and services attract a sales tax called the General Consumption Tax (GCT), while goods such as alcohol, cigarettes, and fuel attract Special Consumption Taxes (SCT).  Utility services, such as electricity, telephone, and water are regulated by the Office of Utilities Regulation, which must approve price increases.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.