Information Guide

Contact information

EDBM building
Avenue Gal Gabriel RAMANANTSOA Antaninarenina
Antananarivo
Phone: +261 20 22 681 21
Web: https://edbm.mg/
Email: edbm@edbm.mg

Hourly:

Reception of files at the EDBM: 8:30 a.m. - 11:30 a.m.

Delivery of files from 2:30 p.m.

NB: No receipt of files on the end of the month (establishment of monthly statement)

Registration of a company in Madagascar

A formalized business opens its doors to its development and avoids the sanctions posed by the Malagasy administration against the informal sector. The formalization of a company allows it to benefit from the tools put in place by the Malagasy government for the support, accompaniment and development of companies in Madagascar.

The Economic Development Board of Madagascar (EDBM) is the official Agency for the promotion of investments in Madagascar, it is the body centralizing the formalities of companies.

Support in your investment projects

The EDBM, as a Single Window, assists you in setting up your company, obtaining your permits-licences-authorizations and visas, etc. It provides free and confidential services, with a multidisciplinary team that accompanies you throughout the process of your decision-making:

  • From the planning stage: supply of economic and sectoral information, texts and procedures, tax and customs regimes, organization of meetings with key decision-makers and local partners, factor costs, etc.)
  • During your implementation: various advice on suppliers, premises, liaison with the Administration, etc.
  • When expanding your business through our aftercare service.
angle-left Types of businesses

Types of businesses

In accordance with Decree No. 2014-1822 revising the statutes of the Economic Development Board of Madagascar (EDBM), it is possible to create four types of companies in Madagascar:

  1. Public limited companies (SA)
  2. Limited Liability Companies (SARL)
  3. General partnership (SNC)
  4. Simple Limited Partnership (SCS)

For the creation of each of them, the procedure is described below.

Public limited company (SA)

  • May be constituted by one or more natural or legal persons
  • The rights of shareholders are represented by shares
  • Partners are only liable for social debts up to the amount of their contributions

Share Capital Threshold:

  • If Sole Proprietorship (maximum 3 shareholders): minimum 2,000,000 MGA, with General Administration
  • If Company several Partners: minimum 1,000,000 MGA, with Board of Directors

NB. Control by Statutory Auditor (CAC)

Limited Liability Company (SARL)

  • May be constituted by one or more natural or legal persons;
  • The rights of shareholders are represented by shares;
  • The partners are only liable for the company's debts up to the amount of their contributions;
  • With limited liability, you are protected from possible seizures of personal belongings by your creditors.

Share Capital Threshold:

  • If single-person company (SARLU): minimum 1,000,000 MGA
  • If Company several Partners: minimum 2,000,000 MGA

NB. Control by Statutory Auditor (CAC) if:

  • Share Capital exceeds 20,000,000 MGA
  • Turnover (CA) > 200,000,000 MGA,> 50 people permanently employed

nbsp General partnership (SNC)

  • All partners are traders
  • Held indefinitely and jointly and severally for debts
  • All decisions must be taken unanimously.

Legal form of company suitable for family businesses and small businesses.

Simple Limited Partnership (SCS):

  • Can be set up by one or more partners with unlimited and joint liability for company debts - general partners
  • With one or more partners responsible for the social debts within the limit of their named contributions - limited partners or general partners

Capital is divided into shares

share-alt