Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$8,500 and annual company costs in Year 2 and thereafter amount to US$2,500. The average fee per Central African Republic engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, and all government fees:
Different Central African Republic entity types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | US$17,100 | View invoice PDF |
PLC | US$19,100 | View invoice PDF |
Branch of a foreign company | US$18,100 | View invoice PDF |
Representative office | US$16,150 | View invoice PDF |
Limited Liability Partnership | US$16,100 | View invoice PDF |
Timelines
The average Central African Republic company registration period is 32 weeks as outlined below:
Service | LLC | PLC | Branch | Rep Office |
---|---|---|---|---|
Engagement planning | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
Company incorporation period | 19 weeks | 20 weeks | 20 weeks | 18 weeks |
Bank account approval | 6 weeks | 6 weeks | 6 weeks | 6 weeks |
Internet banking approval | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
Incorporation completion | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 32 weeks | 33 weeks | 33 weeks | 31 weeks |