Business Registration - Benin
- Benin
- Resources
- Business Services
- Business Registration
Practical guide to business creation in Benin
Beninese legislation grants a multitude of facilities to business promoters.
In accordance with Decree No. 2014-220 of March 26, 2014 on the terms and conditions for the creation of liability companies (SARL) in the Republic of Benin,
- The intervention of the notary is optional.
- The minimum capital of $2,000 is removed. The sole partner or the partners are free to determine the amount of the company's share capital.
- The standard statutes are available on the site www.gufebenin.org
The processing time is 04 working hours from the filing both for the creation of a sole proprietorship and for the creation of a company.
Promoters benefit from several free services and formalities in a quotOne-Stop Shopquot place
contacts
Chamber of Commerce and Industry of Benin (CCIB)
Address : Rue 651A, Cotonou, Benin
Telephone : +229 21 31 43 86
Website: https://www.ccibenin.org
nbsp
APIEX
Address : Cotonou, Benin
Telephone : +229 21 31 86 50
Website http://www.gufebenin.org/
Business creation in Benin
In Benin, business creation is strongly encouraged and facilitated.
Documents to be provided for the creation of a company in Benin
- Three original copies of the articles of association duly signed and stamped ($2.4 tax stamps) by the partners;
- A copy of the birth certificate and identity document of each partner;
- Two identity photos of the manager (white background);
- A passport photo of the partners (white background);
- An extract from the criminal record of less than three months or a sworn statement from the manager;
- A copy of the residence permit or long-stay visa for foreign promoters.
Formalities and costs of setting up a company in Benin
| CREATION FORMALITIES | COST IN DOLLAR |
| RCCM registration | $24 |
| Business card | $10 |
| Declaration of establishment to the Department of Labor | No cost |
| Online publication on the APIEX website | No cost |
| Registration with the Unique Tax ID | No cost |
| Registration of the Company at the CNSS | No cost |
| Declaration of existence of the Company to the DGI | No cost |
| APIEX service | No cost |
| TOTAL COST | $34 |
NB : The promoter must provide information on the references of his domicile and the head office of his company.
Creation of a sole proprietorship in Benin
Documents to be provided for the creation of an individual business in Benin
- A copy of the birth certificate and identity document or any other document proving the promoter's identity;
- An extract from the promoter's criminal record less than three months old or a sworn statement;
- Two recent passport photos of the Promoter (A white background);
- A copy of the residence permit or a long-stay visa for foreign promoters;
- Proof of residence.
Formalities and costs of setting up a sole proprietorship in Benin
| FORMALITIES | COST IN DOLLAR |
| RCCM registration | $10 |
| Business card | $10 |
| Online publication on the APIEX website | No cost |
| Registration of the Company at the CNSS | No cost |
| Registration at the IFU | No cost |
| Declaration of establishment to the Department of Labor | No cost |
| APIEX service | No cost |
| Declaration of existence of the Company to the DGI | No cost |
| TOTAL COST | $20 |
NB : The promoter must provide information on the references of his domicile and the headquarters of his company (district, lot, plot, surname and first name of the owner).