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

Source: Doing Business, 2016

 
Business Setup Procedures
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)

Find out more about Operating a Business in Senegal on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: April 2022

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