DESCOGEF (UEMOA OEC-CI) Practice Questions - DESCOGEF - Diplôme D'Études Supérieures De Comptabilité Et De Gestion Financière (Côte D'Ivoire UEMOA) Exam

At least 10% (one-tenth) of net annual profit after deducting past losses must be allocated to the legal reserve until the reserve reaches at least 20% (one-fifth) of the registered share capital 5% of net profit must be allocated until the reserve reaches 10% of capital Allocation to legal reserves is completely optional and decided by the CEO 50% of annual turnover must be deposited into the legal reserve