Fees and timelines in 2022

Fees

payment by instalmentMali LLC setup costs in Year 1 will amount to US$20,050 and annual company costs in Year 2 and thereafter will amount to US7,000, including Country company incorporation, legal registered office, corporate bank account setup, government registration fees and tax and auditing services fees.

Different Mali entity types Cost Draft invoice
Tax resident LLC US$20,050 View invoice PDF
PLC US$20,050 View invoice PDF
Branch of a foreign company US$21,250 View invoice PDF
Representative office US$21,300 View invoice PDF
Fast business setup solution US$48,910 View invoice PDF

Timelines

The average Mali company registration period is 21 weeks as outlined below:

  LLC PLC Branch Rep office
Engagement planning 1 week 1 week 1 week 1 week
Company incorporation period 4 weeks 6 weeks 6 weeks 4 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 10 weeks 12 weeks 12 weeks 10 weeks

mali 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 Mali, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi