Company registration in Benin

Name of service Bronze Silver Gold
Company name verification and reservation in Benin Registry of Companies Verifying the availability and reserving of your preferred company name in Benin Registry of Companies
Company registration in form of SA / SARL, including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Memorandum of Association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Certificate of Incorporation Provision of international standard certificate of incorporation for your company
Company tax registration, TIN Gathering, processing and filing the necessary paperwork for registration with Benin Tax authorithy - Direction Nationale des Impots et des Domaines
Company seal Production of the company seal
Assistance in opening a corporate account in local bank Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Residence permit for the Director in case he/she is a foreigner Assistance in getting a residence permit (required to establish a company)
Free Consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1900 USD 2900 USD 4900 USD
Provision of a legal address for 1 (one) year
1000 USD 1000 USD 1000 USD
Remote company registration with transfer of authority
300 USD 300 USD 300 USD
Accounting services
250 USD 250 USD 250 USD

Deal of the month

If you will register a company until 31 January,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The Republic of Benin is a small country in western Africa. The port of Cotonou promotes trade. In Porto Novo or any other city in Benin, establishing companies engaged in the cotton industry, energy, and construction is profitable. The country is actively developing telecommunications and agriculture, gradually raising the standard of living. Company registration in Benin is beneficial because the government actively attracts foreign investments: through various tax regimes and preferences.

Advantages of registering a company

  • availability of economic incentives;
  • strategic geographic location in West Africa;
  • economic and political stability;
  • favorable business climate;
  • availability of special economic zones.

Main forms of legal presence and doing business

  • individual entrepreneur (Statut de l'Entreprenant - SE);
  • Limited Liability Company (Société A Responsabilité Limitée - SARL);
  • joint stock company (Societe Anonyme - SA);
  • joint venture (Société de Projet - SP);
  • general partnership (Société en Nom Collectif - SNC);
  • civil companies (Sociétés Civiles - SC).

Most foreign investors prefer to open a company in Benin as a SARL.

Registration procedure

  • open a bank account and deposit the share capital in it;
  • register the company in Benin with the Agence de Promotion des Investissements et des Exportations (APIEX);
  • obtain a unique tax number (IFU);
  • obtain additional licenses and permits to conduct business.

Legislation and regulatory environment

The primary source of law is local law. However, the country is also a member of the West African Economic and Monetary Union (UEMOA) and the Organization for Harmonization of Corporate Law in Africa (OHADA). The Investment Code is one of the essential documents for foreign entrepreneurs. The Civil Code and Commercial Code regulate the activities of firms.

Tax system

  • corporate tax - 30%;
  • personal income tax - from 0% to 30% in proportion to the amount of income;
  • VAT - 18%;
  • capital gains tax - 5%;
  • tax on dividends - 0%, 5%, or 10%, depending on the category of the payer and the recipient.

Open a business in Benin: how Aotopay lawyers can assist

Benin is a promising and safe destination for investment. The Republic continues developing commercial infrastructure and is a re-exporting country, sending goods to neighboring landlocked countries. Aotopay lawyers will support you to open a company in Benin, handling the paperwork and administrative formalities. In addition, we provide annual company and accounting services.

Cooperation

Our clients

© 2023, Aotopay