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Legal Forms of Companies

Private Limited Company (SARL)

Number of partners: One minimum, with no maximum in the number of partners.
Capital (max/min): Minimum capital of XOF 1 million
Shareholders and liability: Liability is limited to the amount contributed.

Public Limited Company (SA)

Number of partners: Minimum of 1 shareholder and 3 directors.
Capital (max/min): Minimum capital of XOF 10 million
Shareholders and liability: Liability is limited to the amount contributed.

General Partnership (SNC)

Number of partners: One minimum, with no maximum in the nomber of partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is limited to the amount contributed.

Limited Partnership (SCS)

Number of partners: Minimum 2 partners.
Two types of partners: silent partners and active partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability of active partners is unlimited. Liability of silent partners is limited to the amount contributed.

Business Setup Procedures

Source: Doing Business - Latest available data.