How To Start A Business in DRC
How to Start a Business in the Democratic Republic of the Congo (DRC) - Step by Step Guidelines
The Democratic Republic of the Congo (DRC) offers significant business opportunities, particularly in natural resources, agriculture, and services. Here's a step-by-step guide to starting a business, whether you are a local or foreign investor.
Step-by-Step Procedure for Locals
- Reserve the Business Name:
Visit the One-Stop Shop for Business Creation (GUCE) to reserve a company name.
Fee: Approximately USD 30
Duration: 1–2 days
- Prepare Required Documents:
Prepare your identification documents, draft statutes (company constitution), and proof of address.
- Deposit Capital and Obtain Bank Attestation:
Open a bank account in the company’s name and deposit the required capital. Minimum capital requirements vary by type of entity.
- Register with GUCE:
Submit all documents at the One-Stop Shop (GUCE) which handles tax registration, national social security, INPP (employment), and trade register.
Fee: USD 120–150
Duration: 3–7 days
- Publish the Company in the Official Journal:
This is mandatory for legal recognition.
Fee: Varies
Duration: 2–5 days
- Register for Taxes:
Obtain a tax ID from the Directorate General of Taxes (DGI).
- Register for Social Security and Employment:
Register your employees with CNSS (social security) and INPP (employment promotion agency).
Additional Requirements for Foreign Investors
- Obtain a Business Visa:
Apply for a business visa through a Congolese embassy or consulate.
- Obtain an Investment Certificate:
Apply to the National Agency for Investment Promotion (ANAPI) for incentives and formal investment registration.
Fee: Varies
Duration: 5–10 days
- Compliance with Sectoral Regulations:
Certain sectors require licenses or permits, such as mining or telecoms. Contact the relevant ministry.
Useful Resources
Disclaimer: The information provided here is for general guidance only and may change without notice. It is advisable to consult official government websites or legal professionals in the DRC to ensure accuracy and compliance with current regulations.