How To Start A Business in Chad

How to Start a Business in Chad - Step by Step Guidelines

Chad, a landlocked country in Central Africa, is working to attract investment through economic diversification and regulatory reforms. The government has set up a one-stop shop to simplify the business registration process and encourage both local and foreign entrepreneurs.

Step-by-Step Procedure for Locals

1. Reserve a Business Name:
   Visit the Centre de Formalités des Entreprises (CFE) to check and reserve your company name.
   Fee: XAF 5,000 – XAF 10,000
   Duration: 1–2 days
2. Draft and Notarize the Articles of Association:
   Prepare the bylaws of the company and have them notarized through a registered notary.
3. Deposit Capital in a Bank:
   Open a bank account in the name of the business and deposit the minimum required capital (typically XAF 100,000 for an SARL).
4. Register with the One-Stop Shop (CFE):
   Submit all documentation to the CFE for streamlined registration with:
   • Commercial Registry (Registre de Commerce et du Crédit Mobilier – RCCM)
   • Tax Administration (Numéro d’Identification Fiscale – NIF)
   • National Social Security Fund (CNPS)
   Duration: 5–7 working days
5. Obtain a Business License (Patente):
   Apply for a business license from the local municipal authority where the business will operate.
6. Register for Social Security:
   Employers must register with the CNPS to comply with labor and social security obligations.
7. Publish Legal Announcement (if required):
   Certain legal forms may require publishing a notice of incorporation in an official gazette or newspaper.

Additional Steps for Foreign Investors

1. Submit Investment Plan to ANIE:
   Foreign investors should contact the National Investment and Export Agency (ANIE) for guidance, project registration, and to access available incentives.
2. Obtain Residence or Work Permit:
   If residing in Chad, foreign investors must apply for the appropriate visa and work permit through the Directorate of Immigration.
3. Open a Foreign Exchange Account:
   This is typically required for capital inflows and international transactions.

Useful Resources

• ANIE – National Investment and Export Agency
• CNPS – Caisse Nationale de Prévoyance Sociale
• Ministry of Finance and Budget
• Ministry of Commerce and Industry