Fees and timelines
Fees
The Democratic Republic of Congo LLC setup costs in Year 1 will amount to US$2,480 and annual company costs in Year 2 and thereafter will amount to US$530. The average fee per DRC engagement amounts to US$13,620 including i) DRC company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.
Different DR Congo entity types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | US$13,620 | View invoice PDF |
Simplified JSC | US$19,330 | View invoice PDF |
PLC | US$23,880 | View invoice PDF |
Free zone | US$25,030 | View invoice PDF |
Branch | US$22,030 | View invoice PDF |
Representative office | US$22,180 | View invoice PDF |
Fast nominee LLC | US$25,100 | View invoice PDF |
Timelines
The average DRC company registration period is 24 weeks as outlined below:
Service | LLC | PLC | Branch | Rep Office | Simplified JSC | Free zone |
---|---|---|---|---|---|---|
Engagement planning | 4 weeks | 3 weeks | 4 weeks | 4 weeks | 3 weeks | 3 weeks |
Company incorporation period | 12 weeks | 18 weeks | 19 weeks | 19 weeks | 16 weeks | 18 weeks |
Bank account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
Internet banking approval | 3 weeks | 3 weeks | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
Engagement completion | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 24 weeks | 29 weeks | 31 weeks | 31 weeks | 27 weeks | 29 weeks |