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Fees and timelines in 2024

Fees

payment by instalmentTogo company registration costs for an LLC in Year 1 amount to US$4,270 and annual company costs in Year 2 and thereafter amount to US$0. Average company registration engagement fees approximate US$15,350 including i) company setup ii) opening an account to enable business banking in the country iii) resident director services and iv) government fees. Refer to the sample draft invoice below.

Different Togo entity types Cost Draft invoice
Tax resident LLC US$15,350 View invoice PDF
PLC US$17,280 View invoice PDF
Branch of a foreign company US$17,100 View invoice PDF
Representative office US$16,100 View invoice PDF
JSC US$9,230 View invoice PDF

Other fee considerations

Timelines

The average Togo company registration period is 18 weeks as outlined below:

Service LLC PLC Branch Rep office
Engagement planning 3 weeks 3 weeks 3 weeks 3 weeks
Company incorporation period 6 weeks 7 weeks 9 weeks 9 weeks
Bank account approval 5 weeks 5 weeks 5 weeks 5 weeks
Internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks
Incorporation completion 1 week 1 week 1 week 1 week
Total engagement period 18 weeks 19 weeks 21 weeks 21 weeks

Togo 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 Togo, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
Central bank of Togo Chamber of Commerce and Industry of Togo togo economic community of West African States (ECOWAS) togo-govt togo SAZOF
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