Deposit the initial capital with a bank or a notary and obtain the certification.
Agency: Bank or Public Notary
The initial capital must be deposited with a bank, directly or through a public notary.
Time and cost: 1 day, no charge
Notarize bylaws, sign an affidavit to certify of no criminal records and pay the registration fee at the notary
Agency: Notary
“A notary public is required by law. The notary fee is fixed at XOF 250,000 if the capital of the SARL is the legal minimum of XOF 1 million.
The fee includes the drafting of statutes, registration, stamps, registration at court, announcement in a legal journal, one stop shop administrative fees and administrative fees for notary and assistants.
Since March 2009, the entrepreneur can sign an affidavit to certify that he has no criminal records, and continue the procedures while he waits to get two copies of the criminal record required for the manager of the SARL after registration. A birth certificate is not needed. The criminal record must be obtained at the court of the founder’s place of birth. A photocopy of each shareholder’s identity card is required (instead of a birth certificate).”
Time and cost: 1 day, XOF 256,000 (250,000 of notary fee and 6,000 of OSS service fee)
Purchase legal stamps from the window of the representative of the tax administrator at the One-stop-shop for the Authorization to operate, application for the Impots (Taxes), application for the Tribunal de Commerce, application for the statistical office, proof of payment of the patente
Agency: Agence de Promotion de l’Investissement
Purchase fiscal stamps from the window of the representative of the tax administrator at the One-stop-shop for the Authorization to operate, application for the Impots (Taxes), application for the Tribunal de Commerce, application for the statistical office, proof of payment of the patente.
Time and cost: 1 day, XOF 9,750 for the legal stamps
Deposit registration documents at the One-Stop Shop
Agency: Agence de Promotion de l’Investissement
The applicant submits all company documents and forms at the front desk to register the companies with all the services at the One-stop shop.
Time and cost: 5 days, registration costs are included in the notary fees
Publication of the notice of incorporation in a journa
Agency: Press
The notice of incorporation has to be published in a journal.
Time and cost: 3 days, the cost of publication is included in the notary fees
