Madagascar

Starting a Business in

Madagascar

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: Socièté a Responsabilité Limitée (SARL)
  • City: Antananarivo

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No. Procedure Time to Complete Associated Costs
1 Obtain a new fiscal identification number

Prior to registration of the company, the entrepreneur has to obtain a new tax identification number. In order to do so, the entrepreneur has to apply online and provide for more documents. Online Registration (NIFONLINE) must be made ​​before the issuance of d the Certificate of Registration Tax (20/05/2003 art CGI).
1 day no charge
2 Deposit registered statuts and apply for license (carte professionnelle), and statistical identifications

The k-bis, statistical card, tax registration confirmation, commercial registration number, and professional card (carte professionelle) can be obtained in about 2 days. Owing to reforms, a notice of publication is no longer needed to obtain the k-bis. Since 2007, the one stop-shop (Guichet Unique, GUIDE) sends the company the certificate for the deposit of statutes (certificat de dépôt d'actes). (When filing all documents needed to obtain the k-bis, the company must provide GUIDE with a stamped envelope.) The company can continue with subsequent procedures in the meantime. it takes on average 4 to 8 days to get registered with the EDBM.
The firm's management also needs to file forms for each employee with the National Social Security Fund (Caisse Nationale de Prevoyance Sociale). The required forms, the registration application (demande d'immatriculation) and the application for workers affiliation (demande 'affiliation travailleur) must be filed along with the corporate registration certificate and notarized copies of each employee’s passport and birth certificate, if under age 18.
To file for health insurance, the company promoters must file two copies of an application form (bulletin d'adhesion nouveau-membre) along with a list of names of all employees and their identity cards.
According to "Nouvelles N°1534 du 21 mars 2009" it is possible to register at the one stop shop (at the EDBM) for th Caisse Nationale de Prevoyance Sociale and the Organization Sanitaire Tananarivienne Inter-Entreprise.
It takes on average 4 to 8 days to get registered with the EDBM
Fee schedule:
- Commercial registration fee: MGA 15,500.
- Institut National de la Statistique Malgache (INSTAT) (see Decree 2005-380, dated June 22, 2005): MGA 20,000.
- K-bis: MGA 2,000.
- Deed registration costs : MGA 9,100
- registration fees: 0.5% of the start up capital
- lease registration: 2% of the lease.
5 days MGA 93,350
3 File a notice of constitution to be published in a daily newspaper in French

The fee to publish a notice of constitution in a daily newspaper varies between MGA 10,000 and MGA 20,000.
2 days MGA 15,000
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