Niger company registration

DOING BUSINESS IN NIGER IN 2020

pay fee by instalmentsbusiness setup without travel

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 entitiesTax resident LLCFast business setup solutionRepresentative officeBranch office
Also known asSARLSARLBureau représentatifSuccursale
Best use of company?All products and servicesClose client deal nowMarketing & researchSpecific projects
How soon to invoice Clients?3 weeks2 weeksCannot trade5 weeks
How soon can you hire staff?3 weeks2 weeks5 weeks5 weeks
How soon can you sign a lease agreement?1 week1 week1 week1 week
How long to supply corporate bank a/c?5 weeks3 weeks5 weeks5 weeks
How long to supply co. reg / tax numbers?3 weeks2 weeks5 weeks5 weeks
Corporate tax rate on annual net profits?30%30%Cannot trade30%
Limited liability entity?YesYesNoNo
Government grants available?YesYesNoYes
Government approval required for foreign owners?NoNoNoNo
Res. director/partner/ legal rep. required?NoNoYesNo
Minimum paid up share capital?US$170US$170US$1US$1
Can bid for Government contracts?YesYesNoYes
Corporate bank account location?Bank of AfricaAtlantic BankSonibankEcobank
Can secure trade finance?YesYesNoYes
VAT payable on sales to local customers?19%19%Cannot trade19%
Average total business set up engagement costs?US$18,950Request a proposalRequest a proposalRequest a proposal
Average total engagement period?2 months6 weeks2.5 months2.5 months

Niger business setup summary

Press the link headings below to read detailed, relevant, up to date information.

  • 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.

Company registration

  • Time to incorporate: Three weeks
  • Cost to set up: US$18,950
  • Minimum capital: US$170
  • Physical office required: No

Required appointments

  • Shareholders: 1
  • Directors: 1
  • Company secretary: No
  • Resident director: No

Key facts

  • Corporate tax rate: 30%
  • Corporate tax base: Territorial
  • Shelf companies: No
  • Main company type: SARL

Tell us what you need - we’ll send you a customised proposal in 5 hours!

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-->