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Legal Forms of Companies

Limited Liability Company (LLC/SARL)

Number of partners: Minimum one shareholder and one director. The director has to be resident in Congo since at least two years
Capital (max/min): XAF 1 million minimum capital
Shareholders and liability: Liability is limited to the amount contributed.

Public Limited Company (PLC - SA)

Number of partners: Minimum one shareholder and one director. The director has to be resident in Congo since at least two years
Capital (max/min): XAF 10 million minimum capital divided into shares
Shareholders and liability: Liability is limited to the extent of the shareholders' contributions

General Partnership (SNC)

Number of partners: At least two partners with no maximum.
Capital (max/min): No minimum capital required
Shareholders and liability: Partners have joint and unlimited liability

Limited Partnership (Société en Commandite Simple - SCS)

Number of partners: Minimum one with limited liability and one with unlimited liability
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

Source: Doing Business - Latest available data.