Fees and timelines in 2023
Fees
Chad LLC setup costs in Year 1 will amount to US$19,850 and annual company costs in Year 2 and thereafter will amount to US$10,640. The average fee per engagement amounts to US$27,100 including i) Chad company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.
| Different Chad entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$27,100 | View invoice PDF |
| PLC | US$29,100 | View invoice PDF |
| Branch of a foreign company | US$28,100 | View invoice PDF |
| Representative office | US$28,850 | View invoice PDF |
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Timelines
The average Chad company registration period is 23 weeks as outlined below:
| Service | LLC | PLC | Branch | Rep Office |
|---|---|---|---|---|
| Engagement planning | 3 weeks | 3 weeks | 4 weeks | 4 weeks |
| Company incorporation period | 12 weeks | 17 weeks | 19 weeks | 19 weeks |
| Bank account approval | 4 weeks | 3 weeks | 4 weeks | 4 weeks |
| Internet banking approval | 3 weeks | 1 week | 1 week | 1 week |
| Engagement completion | 1 week | 1 week | 1 week | 1 week |
| Total engagement period | 23 weeks | 25 weeks | 29 weeks | 29 weeks |
