Business entities in Central African Republic

Business entities in Central African Republic

Since 2003, Healy Consultants provides our Clients with the best corporate structures for business in Central African Republic. There are several ways of doing business in Central African Republic, the most common being the setting up of a limited liability company (SARL). Alternatively, entrepreneurs have an option of establishing a public limited company (SA). Foreign legal entities may also set up a branch office or a representative office in the Central African Republic.

The Central African Republic limited liability company (SARL)

    optimal business structure in CAR

  • The Central African Republic LLC is the most preferred legal entity used by entrepreneurs setting up businesses in Central African Republic. A LLC requires only 1 individual director and 1 shareholder, who can either be an individual or a legal entity. The director and shareholder can both be of any nationality and can be resident of any country. A US$1,800 (FCFA 1 million) minimum paid-up share capital is also required to complete the incorporation process;
  • After Central African Republic business setup, this entity is only required to appoint a statutory auditor if its share capital is above US$18,000 or if either i) its annual turnover exceeds US$45,000 or ii) employs more than 50 employees.

The Central African Republic public limited company (SA)

  • The Central African Republic PLC requires at least 1 shareholder who can either be individuals or corporate body to be incorporated. A PLC is mostly preferred by entrepreneurs planning to setup large investments in Central African Republic;
  • The SA requires a paid up share capital of at least US$18,000 to be incorporated. A statutory auditor must also be appointed upon Central African Republic company setup.

The Central African Republic branch

The Central African Republic Companies Law allows foreign companies looking to establish permanent entities in Central African Republic to open branches in the country. The scope of operations for a branch office is defined by the parent company. The branch must appoint at least 1 representative of any nationality to act as the company’s representative in Central African Republic.

The Central African Republic representative office

A Central African Republic representative office is not considered a legal entity and is not allowed to conduct any profit making activities in Central African Republic. A rep office must appoint at least one representative. This entity only has the authority to carry out promotional activities and market products and services of the parent company within Central African Republic.

Comparison table between Central African Republic business entities

 LLCPLCBranch officeRep office
Also known asSARLSAsuccursalebureau de représentation
How long to set the company up?19 weeks20 weeks20 weeks18 weeks
How long to open company bank account?6 weeks6 weeks6 weeks6 weeks
Legal liability?LimitedLimitedUnlimitedUnlimited
Wholly foreign owned?YesYesYesYes
Minimum share capital?US$1,800US$18,000US$1US$1
File annual tax return?YesYesYesNo
Tax registration certificate required?YesYesYesNo
Recommended corporate bank account?EcobankCommercial Bank CentrafriqueEcobankEcobank
Does our Client need to travel?NoNoNoNo
Resident director required?NoNoNoNo
Resident shareholder required?NoNoNoNo
Minimum directors allowed?1111
Minimum shareholders?1111
Tax identification code (TIN) needed?YesYesYesNo
Corporate shareholders allowed?YesYesYesYes
Corporate director(s)/representatives allowed?NoNoNoNo
Central African Republic corporate tax rate?30%30%30%0%
Annual financial statements required?YesYesYesNo
Statutory audit required?NoYesNoNo
Regulated by?Chamber of CommerceChamber of CommerceChamber of CommerceChamber of Commerce
Allowed to issue sales invoices?YesYesYesNo
Allowed to sign contracts?YesYesYesNo
Allowed to import and export goods?YesYesYesNo
Can rent an office space in Central African Republic?YesYesYesYes
Can buy Central African Republic property?YesYesYesNo
Can own equity in other Central African Republic companies?YesYesYesNo
Total Central African Republic business setup costs in Yr. 1US$15,100US$17,100US$16,100US$14,150
Subsequent annual costs (incl. accounting and tax fee)US$7,450US$9,450US$8,450US$7,450
Sample engagement invoiceCentral African Republic LLC invoiceCentral African Republic PLC invoiceCentral African Republic Branch invoiceCentral African Republic rep office invoice

Contact us

For additional information on our business setup services in Central African Republic, please email us at Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
car-gov undp cemac