Investment framework and opportunities in Madagascar
Procedures Relative to Foreign Investment
- Freedom of Establishment
-
Madagascar’s legal framework does not discriminate against foreign investors, nor does it prohibit, limit, or condition FDIs. Any natural person or legal entity is free to invest in the country, and both national and foreign investor enjoy equal treatment in any sector of the economy.
- Acquisition of Holdings
-
In general, there is no limit for foreign ownership or control in a company in Madagascar. Both foreign and Malagasy investors are free to hold up to 100% of shares of stock in the company in which they carry out their activities if the business is officially registered and complies with the regulations in force.
- Obligation to Declare
-
Newly established companies have to register at the Economic Development Board of Madagascar (EDBM) one-stop shop, where they can obtain their statistical card, tax registration confirmation, commercial registration number, and professional card. They must also register for social security and health insurance at the same shop. If a newly registered company (domestic or foreign) wants to engage in international trade, it must also register with the Ministry of Commerce and Trade.
- Competent Organisation For the Declaration
-
Economic Development Board of Madagascar (EDBM)
- Requests For Specific Authorisations
-
No specific organizations are requested to foreign investors.
© eexpand, All Rights Reserved.
Latest Update: March 2024
Madagascar: Investing in Madagascar
