Deposit the initial capital in a bank and obtain a receipt
Agency: Bank
Founders are required to deposit the start-up capital in a bank or with a notary, as per Article 313 of the OHADA Uniform Act (the company law of the Organization for the Harmonization of Business Law in Africa).
Time and cost: 1 day, no charge
Obtain and register the company’s articles of association
Agency: One-stop shop (CFE at Maison de l’Entreprise)
The model for a limited liability company’s deed may be obtained at the One-stop shop (CFE, Centre de Formalités des Entreprises, at the Maison de l’Entreprise). The deed can be registered with a clerk at the same place. It normally contains six sheets (if it is completed on both sides). At least four originals must be prepared, for the notary public, for the services of recording, for the clerk’s office, and for the interested party.
Time and cost: 1 day, no charge
Register the company and request the publication of a notice of incorporation
Agency: One-stop shop (CFE at Maison de l’Entreprise)
Company registration can be done at the One-stop shop (CFE, Centre de Formalités des Entreprises, at the Maison de l’Entreprise). Applicants must file the documents with the Commercial Registry (Registre du Commerce et du Crédit Mobilier – RCCM), which has a representative at the One-stop shop.
At the same place, the company can register for taxes to obtain the tax identification number (Numéro d’Identification Fiscale – NIF), and the employer can register with social security (Caisse nationale de Sécurité Sociale – CNSS) and with the employment agency (Agence nationale pour la Promotion de l’Emploi – ANPE).
At the moment of company registration, the applicant may also request for the publication of a notice of company incorporation at the website of the Maison de l’Entreprise: http://mde.ne/spip.php?rubrique10. The notice of company incorporation can alternatively be published at an official newspaper (journal d’annonces légales).
The combined fee for company registration at these government agencies within the One-stop shop is XOF 17,500.
Time and cost: 7 days, XOF 17,500
Employee registration with Social Security (CNSS)
Agency: Caisse Nationale de Sécurité Sociale, CNSS
Once the company is registered, the entrepreneur needs to visit the CNSS offices to register the hired employees. The employer needs to bring the employer’s number, employee’s IDs, and the employee’s CNSS document.
Time and cost: 1 day, no charge
