Fees and timelines in 2023

Fees

payment by instalmentChad 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 typesCostDraft invoice
Tax resident LLCUS$27,100View invoice PDF
PLCUS$29,100View invoice PDF
Branch of a foreign companyUS$28,100View invoice PDF
Representative officeUS$28,850View invoice PDF

Click here to create your own Chad invoice

Timelines

The average Chad company registration period is 23 weeks as outlined below:

ServiceLLCPLCBranchRep Office
Engagement planning3 weeks3 weeks4 weeks4 weeks
Company incorporation period12 weeks17 weeks19 weeks19 weeks
Bank account approval4 weeks3 weeks4 weeks4 weeks
Internet banking approval3 weeks1 week1 week1 week
Engagement completion1 week1 week1 week1 week
Total engagement period23 weeks25 weeks29 weeks29 weeks

chad business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Chad, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon