Business Registration - Cabo Verde
Setting up a business or company in Cape Verde
Business creation process in the day
How to start a business in Cape Verde?
“Casa do Cidadão” is a physical care space where people can create, modify, transform or extinguish their business through the “working day business creation” service to obtain additional information on the laws inherent in the business. economic activity and the steps to take to create one's own business.
The citizen's house is present in each county and each island.
Also in the Windward Islands, the Windward Chamber of Commerce offers other business support services.
Requirements for day-to-day business
• Passport or other document representing the applicant
• Power of attorney in the case of a natural person
• Minutes and commercial certificate for a domestic company (for a foreign company, authentication must be authenticated with the embassy)
• Number of all members e. CAF Company Eligibility Certificate (Business Name Approval Document) - 600 escudos
• Number of members (identification, marital status, regime of common property)
• Minimum capital - joint-stock company: each partner has 10,000 escudos; company for each shareholder 1,000 escudos
• Single tax and administrator identification (corporate only). appointment of a director (limited liability company only)
• Certified Account Manager Liability Document
Foreign Company
• Minutes of the resolution on the incorporation of the company in Cape Verde, indicating the type of company and the name of the person who will sign on behalf of the company; value of stake;
• A power of attorney with recognized signatures authorizing an agent to represent the company before the competent authorities for the incorporation and legalization of the company in Cape Verde.
• Payment of 10,000 escudos
If there are underage members
- Certificate, birth certificate or identity card
- NIF - Tax Identification Number
- Declaration of the parents authorizing their child to participate as a partner (recognized by the notary)
Company procedures on the day include:
1. Choice of name (company)
2. Choice of social pact
3. Share capital
4. Declaration of start of activity
5. Registrations / optional services
6. Constitutive act
7. Incorporation costs
8. Communications
9. Official Publication
10. Company file
Legal instruments that guide the entrepreneur.
• commercial company code
• tax incentives
• Business registration
• Tourist Utility
• International Business Center
• FILLING
Documents
In Cape Verde, the following types of commercial companies are distinguished: mixed companies, limited liability companies, joint stock companies, companies limited by shares or limited liability and cooperative companies
This code applies to the tax benefits provided for therein, as well as conventional and private tax benefits conventionally validated and ratified.
Business Registration
The size, in Cape Verde, of the framework of entities for which this regime is intended, as well as the need to establish perfect harmony between this business register and the commercial register, lead to the creation of a close institutional link with the biological.
This law establishes the regime of tourist utility status and defines the criteria and requirements for its granting, suspension and revocation.