10 steps to incorporating in Sudan
- Before incorporating a Sudan business entity, our Client will i) settle Healy Consultants’ fees ii) mail us all the necessary due diligence documents iii) sign and return our Client engagement letter;
- Healy Consultants drafts a detailed Sudan company setup engagement project plan, mapping out by week each step to engagement completion, optimizing transparency, and setting Client’s expectations;
- Healy Consultants incorporation team then i) applies for company registration preliminary approval ii) notarizes the M&AA in the presence of notary public and iii) reserves the proposed company name with the Sudan Companies Registry;
- After preliminary approval of the company registration, Healy Consultants notifies the Sudanese Taxation Chamber of the approval and presents the documents together with the M&AA to the Sudanese Zakat Chamber for approval;
- Healy Consultants international banking team assists our Client to open a multi-currency corporate bank account with a top tier bank in Sudan with excellent internet banking;
- Thereafter, Healy Consultants i) legally registers the company ii) get a site inspection from the companies registry before receiving the certificate of incorporation;
- Healy Consultants incorporation team then i) applies for a tax identification number (TIN) with Taxation Chamber and ii) register for VAT. This may take 1 to 2 weeks depending on the efficiency of the department concerned;
- If required, Healy Consultants will register the company with the Sudan Ministry of Labor on behalf of our Client, to ensure the company adheres to the country’s labor laws;
- Healy Consultants the i) registers the company with the Sudan social security authority for subscription to the social insurance fund ii) makes a company seal for the newly incorporated company;
- Following engagement completion, Healy Consultants couriers a complete company kit to our Client’s preferred international address, containing the corporate documents including original Sudan company incorporation documents, unopened bank correspondence and a Client feedback survey.