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: January 2023
Senegal: Operating a Business in Senegal
