Since 2003, Healy Consultants Group 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.

Niger business setup summary

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• Advantages and disadvantages

  Advantages of Niger company registration

  

  • 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.