Fees and timelines in 2022

Fees

payment by instalmentMadagascar LLC setup costs in Year 1 will amount to US$3,200. The average fee per engagement amounts to US$9,340 including i) Madagascar company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different Madagascar entity types Cost Draft invoice
LLC US$9340 View invoice PDF
PLC US$10,440 View invoice PDF
Branch office US$13,290 View invoice PDF
Free zone US$11,750 View invoice PDF
Fast solution US$21,685 View invoice PDF

Timelines

The average Madagascar company registration period is 8 weeks as outlined below:

Service LLC PLC EPZ Branch Rep office
Engagement planning 2 weeks 3 weeks 3 weeks 4 weeks 4 weeks
Company incorporation period 2 weeks 3 weeks 3 weeks 4 weeks 4 weeks
Bank account approval 2 weeks 3 weeks 3 weeks 4 weeks 4 weeks
Internet banking approval 1 week 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 8 weeks 11 weeks 11 weeks 14 weeks 14 weeks

Contact us

For additional information on our company registration services in Madagascar, please contact our in-house country expert, Mr. Apurv Trivedi, directly:
Consultant at HC - apurv
  • Mr. Apurv Trivedi
  • Principal - Client Engagements
  • Contact me!
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