Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$5,700 and annual company costs in Year 2 and thereafter amount to US$0. The average total fee per Burundi engagement amounts to US$12,450, which includes company incorporation and opening a local corporate bank account and all government fees.
Different Burundi entity types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | US$12,450 | View invoice PDF |
PLC | US$15,450 | View invoice PDF |
Free zone company | US$19,950 | View invoice PDF |
Timelines
The average Burundi company registration period is 14 weeks as outlined below:
Service | LLC | PLC | Free Zone |
---|---|---|---|
Engagement planning | 2 weeks | 3 weeks | 4 weeks |
Company incorporation period | 6 weeks | 6 weeks | 6 weeks |
Bank account approval | 4 weeks | 4 weeks | 4 weeks |
Internet banking approval | 1 week | 1 week | 1 week |
Engagement completion | 1 week | 1 week | 1 week |
Total engagement period | 14 weeks | 15 weeks | 16 weeks |