Fees and timelines in 2023

Fees

payment by instalmentEquatorial Guinea company setup costs in Year 1 will amount to US$8,850 and annual company costs in Year 2 and thereafter will amount to US$0. The average fee per engagement amounts to US$22,200 including i) Equatorial Guinea company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.

Different Equatorial Guinea entity typesCostDraft invoice
Tax resident LLCUS$22,200View invoice PDF
PLCUS$22,200View invoice PDF
Branch of a foreign companyUS$21,850View invoice PDF
Representative officeUS$21,850View invoice PDF

Timelines

The average Equatorial Guinea company registration period is 24 weeks as outlined below:

ServiceLLCPLCBranchRepresentative office
Engagement planning2 weeks3 weeks4 weeks4 weeks
Company incorporation period16 weeks16 weeks20 weeks20 weeks
Bank account approval4 weeks5 weeks6 weeks6 weeks
Internet banking approval1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week
Total engagement period24 weeks26 weeks32 weeks32 weeks

Equatorial Guinea 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 Equatorial Guinea, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!
Equatorial Guinea Government