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Legal Forms of Companies

Limited Liability Company (SARL)

Number of partners: minimum one shareholder and one director (which may be of any nationality), maximum 100. It must have a resident representative.
Capital (max/min): No minimum capital required.
Shareholders and liability: liability is limited to the shares

Limited Company (SA)

Number of partners: minimum one shareholder and one director, which may be of any nationality. It must have a resident representative.
Capital (max/min): MGA 10 million (MGA 2 million in case of a singe shareholder)
Shareholders and liability: liability is limited to the extent of the shareholders contributions

Single Member Limited Company
(SA Unipersonnelle)

Number of partners: one natural person
Capital (max/min): No minimum capital required.
Shareholders and liability: liability is unlimited

The Competent Organisation

The creation of a company in Madagascar benefits of a unique office, the Guichet Unique, a service offered by the Economic Development Board of Madagascar (EDBM).

Company Directories

Companies' Register

Source: Doing Business, 2016