Burundi

Starting a Business in

Burundi

Listed below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order to incorporate and register a new firm, along with their associated time and set-up costs.  It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income (GNI).

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standardized Company

  • Legal Form: Société à Responsabilité Limitée (SARL) - Limited Liability Company
  • City: Bujumbura

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No. Procedure Time to Complete Associated Costs
1 Draft and notarize the articles of association by a notary

Cost is as follows :
- 3.000 BIF per page of statutes, 12 pages for standard company statutes
- 10.000 BIF for correction of statutes
- 7.000 BIF for preparing acts
4 days BIF 53000
2 Deposit the legally required initial capital in a bank and obtain deposit evidence.

The initial capital is determined by the founders of the company (Law dated March 16 1996).
1 day no charge
3 Publication in legal journal

On average, standard statutes are 260 lines. The expense of recording with the B.O.B. is about BIF 130,000 (BIF 6,000 per 12 lines). The founder (or an agent) pays the expenses at the Central Bank and returns to the Legal Department with the deposit slip.
1 day for proof of payment. The publication takes up to 6 months BIF 130000
4 Registration with the Commercial Court

Cost for registering with the Commercial Registry is as follows:
- BIF 20,000 for commercial registration.
- BIF 20,000 for deposit of statutes.
- BIF 500 for first page.
- Remaining pages: BIF 400.

On average, the standard statutes are 12 pages. Fees for commercial registration are about BIF 44,900. Proof of capital must be submitted at the court clerk's office.
2 days BIF 44900
5 Registration of the Company with the Department of Taxation

All companies must be registered with the Tax Department and get a fiscal number. Founders must file a copy of the company’s statutes and a certificate of registration with the Commercial Registry.
1 day no charge
6 Registration of the Company with the Ministry of Trade and Industry


1 day no charge
7 Registration of the Company with the Ministry of Labor, Department of Work Inspection


1 day no charge
8 Registration of the Company with the National Institute for Social Security

Stock companies (S.A.) acquire their legal capacity and begin their existence upon being recorded in the National Institute for Social Security’s registry.
1 day no charge
9 Make a company seal


2 days BIF 20000