Niger company registration

DOING BUSINESS IN NIGER IN 2022

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Since 2003, Healy Consultants Group PLC has assisted our Clients with starting companies in Niger. Our services include i) Niger business registration ii) assistance to secure government licenses iii) Niger corporate bank account opening services iv) employee recruitment v) work visa strategies and vi) office rental solutions in Niger.

Compare different Niger entities Tax resident LLC Fast business setup solution Representative office Branch office
Also known as SARL SARL Bureau représentatif Succursale
Best use of company? All products and services Close client deal now Marketing & research Specific projects
How soon to invoice Clients? 3 weeks 2 weeks Cannot trade 5 weeks
How soon can you hire staff? 3 weeks 2 weeks 5 weeks 5 weeks
How soon can you sign a lease agreement? 1 week 1 week 1 week 1 week
How long to supply corporate bank a/c? 5 weeks 3 weeks 5 weeks 5 weeks
How long to supply co. reg / tax numbers? 3 weeks 2 weeks 5 weeks 5 weeks
Corporate tax rate on annual net profits? 30% 30% Cannot trade 30%
Limited liability entity? Yes Yes No No
Government grants available? Yes Yes No Yes
Government approval required for foreign owners? No No No No
Res. director/partner/ legal rep. required? No No Yes No
Minimum paid up share capital? US$170 US$170 US$1 US$1
Can bid for Government contracts? Yes Yes No Yes
Corporate bank account location? Bank of Africa Atlantic Bank Sonibank Ecobank
Can secure trade finance? Yes Yes No Yes
VAT payable on sales to local customers? 19% 19% Cannot trade 19%
Average total business set up engagement costs? US$18,950 Request a proposal Request a proposal Request a proposal
Average total engagement period? 2 months 6 weeks 2.5 months 2.5 months

Niger business setup summary

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  • Advantages and disadvantages

    Advantages of Niger company registration

    business registration in Niger

    • Simple and inexpensive business set up:
      • A Niger limited liability company requires only one shareholder and one director of any nationality;
      • The minimum paid-up capital at incorporation is US$170;
      • Our Client need not travel to Niger to complete incorporation;
      • There are no off-limits industries for foreign investors;
      • The recent creation of a one-stop-shop (CFE) has streamlined company set up procedures and reduced incorporation times.
    • With an average monthly wage of just US$50, Niger labour costs are some of the lowest in Africa. The country is ideal for investors in labour-intensive, low skill sectors;
    • Several sectors offer upside potential for foreign investors, including:
      • Agri-business. Niger has a large landmass and small population, suiting large-scale agricultural holdings;
      • Mining. Niger has significant, untapped deposits of uranium, oil and gold. Furthermore, obtaining a mining permit has become easier, and there are no restrictions on the export of mineral products from Niger;
      • Transport & Infrastructure. Niger is one of the continent’s most underfunded countries.
    • Foreign companies can freely repatriate capital and profits out of Niger.

    Disadvantages of Niger company registration

    • The economy is one of the world’s most restricted. The government does little to improve investor confidence, public finances are weak and corruption levels are high. In summary, doing business in Niger is difficult, frustrating and high risk for foreign investors;
    • High corporate income tax rates of 30%, and 19% VAT on the sales of goods and services;
    • Inefficient government departments and a lack of information and transparency on procedures for investors;
    • Risk of political unrest, both domestically and as a result of violence spilling over from neighbouring Libya and Mali;
    • Being a francophone country, it is hard to find English-speaking service providers in Niger;
    • Niger is one of the world’s poorest countries with i) about three quarters of the population living in rural areas relying on subsistence farming ii) more than 60% of the population living on less than US$1 per day iii) life expectancy of just 46 and iv) 80% adult illiteracy. As a result, there is a serious shortage of skilled, qualified labour;
    • There are no free trade zones or ports, so Niger is not an attractive country from which to conduct international trade;
    • Niger is prone to natural catastrophes such as severe drought and destructive flooding, impacting the dominant agricultural sector.
  • Best uses for a Niger company

    • Foreign investors are attracted to Niger for mineral exports because of i) the availability of untapped resources ii) the availability of low-cost unskilled labour.

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Contact us

For additional information on our company registration services in niger, please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
Chamber of Commerce and Industry BCEAO - central bank of west african states <!--Niger State One Stop Investment Centre Ministry of Justice-->