10 steps to incorporating in Central African Republic in 2024
Thanks to our Central African Republic business incorporation services, our Client will not have to travel to start his company in this country. Our Firm will indeed complete all procedures on his behalf. Central African Republic company formation is usually completed following the below steps:
- Before Healy Consultants starts to incorporate our Client’s company in Central African Republic, our Firm requests that he or she i) settles our fees requested to project-manage the engagement ii) signs and returns our engagement letter and iii) provides us scans of all the documents required for our due diligence checks;
- Healy Consultants assists our Client to decide on i) proposed company’s name and ii) the optimum corporate structure including directors and shareholders before Central African Republic company incorporation;
- Healy Consultants prepares and sends our Client the Memorandum and Articles of Association together with the shareholders and directors consent forms for the Client’s signature and subsequently courier back to Healy Consultants head office;
- Healy Consultants assists our Client to open a corporate bank account in the Central African Republic and deposit the required share capital of US$1,800 (XAF1,000,000) and obtain evidence of deposit;
- Healy Consultants i) procures the business residence certificate from the Municipality ii) presents all the relevant documentation at the public notary for notarization;
- After agreeing with the Client on the optimal corporate structure for the proposed Central African Republic company, Healy Consultants will prepare the required incorporation documents and register the company with the Central African Republic One Stop Shop for company registration;
- Subsequently Heal Consultants Incorporation Team i) registers the company with the commercial registry ii) obtains the tax identification number (NIF), and iii) enrolls employees for social security;
- Following the company formation, Healy Consultants will i) advertise the formation in the Central African Republic official gazette, the National News Daily ii) register with the Chamber of Commerce;
- Healy Consultants Central African Republic Incorporation Team then files a declaration with the Regional Directorate of Employment notifying the authorities of employee hiring and obtains the business license from the Municipality;
- After successful incorporation of the Central African Republic company, Healy Consultants will courier, to our Client’s preferred international address, the complete company kit including i) original corporate documents ii) an unopened bank correspondence and iii) Client engagement feedback survey regarding the quality of our company formation services in the Central African Republic.