Astertax: Your Guide to Establishing a Company in Congo Setting up a company in the Republic of Congo involves various business entity options and specific registration procedures. Here’s an overview of the business entities and the steps to register a company in Congo: Business Entities in Congo: Congo Limited Liability Company (SARL): Minimum requirements: 1 director (resident in Congo for 2 years) and 1 shareholder (any nationality). Minimum share capital: US$1,100. Statutory auditor required for companies exceeding certain criteria. Congo Public Limited Company (SA): Minimum requirements: 1 director (resident in Congo for 2 years) and 1 shareholder (individual or corporate). Minimum share capital: US$11,000. Statutory auditor and public notary involvement at incorporation. Congo Branch: Allows foreign companies to do business in Congo. Operations defined by the parent company. Requires at least 1 director of any nationality. Congo Representative Office: For foreign entities to establish a presence in Congo. Limited to market research and promoting the parent company’s activities. Congo Company Registration Procedures: Obtain Marriage Certificate (Applies to Women Only): Married women must have their husband’s name in their ID card. Present a marriage certificate when requesting an ID card. Deposit the Legally Required Capital in a Bank: The minimum capital requirement must be deposited to register the company. Draft and Notarize the Articles of Association: Public notary prepares and legalizes the articles of association. Authenticated declaration of subscription and payment issued by the notary. Register Articles of Association with Tax Authorities: Register the articles of association with the tax authorities. Register Articles of Association with the Commercial Registrar: Submit required documents, including manager identification, criminal records, and notarized articles of association, to the Commercial Registry. Register with the One-Stop Shop: The Centre des Formalités des Entreprises (CFE) streamlines registration procedures. Register with the Tax Authorities (Centre d’Identification Unique): Obtain the tax ID (NIU) by registering with the Centre d’Identification Unique (CIU). Publish the Notice of Company Incorporation: Publish the notice in the Official Gazette or a legal journal, including company details. Notify the Ministry of Labor (ONEMO): Certify employee contracts with the labor authorities. Register with the Regional Directorate of Labor: New businesses must register with the Regional Directorate of Labor. Register with the Social Security Authorities (CNSS): Submit required documents, including manager identification, employee contracts, manager’s commerce card, lease copy, and notarized articles of association. Pay social security contributions monthly. Accounting & Tax in Congo: Corporate tax rate: 30% for both resident and non-resident companies. Capital gains treated as ordinary income, subject to the 30% tax rate. Value Added Tax (VAT) at a standard rate of 16%, with monthly returns. 20% withholding tax on dividends, interests, royalties, and technical service fees. Monthly social security contribution of 20% of employees’ gross salaries. Business tax losses can be carried forward for up to 3 years. Double tax treaties with France and Central African Economic and Monetary Community (CEMAC) countries, including Chad, Cameroon, Gabon, Equatorial Guinea, and Central African Republic. Setting up a company in Congo involves complying with these legal and tax requirements, depending on your chosen business entity and activities.