Incorporation a business in Ivory Coast involves the following steps:
1- Choose a business name
Choose a unique name for your corporation that does not conflict with any existing business name in Ivory Coast.
2- Reserve the business name
Reserve the chosen name by filing an application with the Trade and Personal Property Credit Register (RCCM). The application must include a copy of the company’s articles of association and a certificate of deposit from the bank.
3- Draft and sign the articles of association
The articles of association must include the company’s name, objectives, duration, registered office, share capital, and the number and types of shares. They should also outline the company’s governance structure and rules for decision-making.
4- Obtain a notarized copy of the articles of association
The notarized copy of the articles of association must be submitted to the RCCM.
5- Register the corporation
Register the corporation with the RCCM by submitting the following documents:
Notarized copy of the articles of association
Certificate of deposit from the bank
Application for registration
Certificate of incorporation
Receipt of payment of registration fees
Obtain a tax identification number (TIN): The corporation must obtain a TIN from the tax authorities.
6- Obtain business licenses and permits
Depending on the nature of the business, the corporation may require additional licenses and permits from the relevant authorities.
7- Register for social security
The corporation must register with the National Social Security Fund (CNPS) for social security contributions.
It is recommended that you consult with a local lawyer or certified public accountant (expert-comptable) who is familiar with the requirements and procedures for registering a corporation in Ivory Coast.
