Fees and timelines in 2023


payment by instalmentMadagascar LLC setup costs in Year 1 will amount to US$6,700. The average fee per engagement amounts to US$19,155 including i) Madagascar company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different Madagascar entity typesCostDraft invoice
LLCUS$19,155View invoice PDF
PLCUS$10,440View invoice PDF
Branch officeUS$13,290View invoice PDF
Free zoneUS$11,750View invoice PDF
Fast solutionUS$21,685View invoice PDF
Branch office - annual renewalUS$15,775View invoice PDF


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

ServiceLLCPLCEPZBranchRep office
Engagement planning2 weeks3 weeks3 weeks4 weeks4 weeks
Company incorporation period2 weeks3 weeks3 weeks4 weeks4 weeks
Bank account approval2 weeks3 weeks3 weeks4 weeks4 weeks
Internet banking approval1 week1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week1 week
Total engagement period8 weeks11 weeks11 weeks14 weeks14 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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