Senegal flag Senegal: Operating a Business in Senegal

Starting a business in Senegal

Legal Forms of Companies

Private Limited Company
Number of partners: Minimum 1 partner.
Maximum 50 partners.
Capital (max/min): XOF 100,000 divided into shares of XOF 5,000 minimum.
Shareholders and liability: Liability is limited to the amount contributed.
Public limited company
Number of partners: Minimum 1 shareholder.
Capital (max/min): XOF 10,000,000 divided into shares of XOF 10,000 minimum.
Shareholders and liability: Liability is limited to the amount contributed.
General Partnership
Number of partners: Minimum 2
Capital (max/min): No minimum capital required.
Shareholders and liability: Partners have joint and unlimited liability
Limited Partnership
Number of partners: Minimum 2, one active partner and one silent partner
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited partners who do not participate in management have limited liability. However, general partners or managing partners have joint and unlimited liability

Business Setup Procedures

Setting Up a Company Senegal Sub-Saharan Africa
Procedures (number) 4.0 7.5
Time (days) 6.0 21.3

Source: Doing Business - Latest available data.

 
The Competent Organisation
The National Agency for the Promotion of Investment and Major Projects (APIX).
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Senegal.
Agency for Development and Coaching for Small and Medium Enterprises (ADEPME)

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Latest Update: November 2022

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