The Central African Republic is a landlocked country in Central Africa. It is bordered by Sudan to the northeast, Chad to the north, the Democratic Republic of the Congo, South Sudan to the east, and Cameroon to the west and the Republic of the Congo to the south. In 2001, the government established the Central African Investment Charter to stimulate private sector development by attracting domestic and international private investment. Foreign direct investments (FDI) are primarily in diamonds, gold, uranium, telecommunications and more recently in the hotel industry.
Company Formation in Central African Republic
A Limited Liability Company can be wholly owned by a foreign investor with the minimum capital of FCFA 1,000,000 (USD 2,060.00) divided into shares which nominal value should not be under FCFA 5,000 (USD 1,030)
To setup an LLC in Central African Republic minimum one shareholder and minimum one director is required
Company Registration in Central African Republic – Licensing
Corporate tax rate is 30% and value added tax rate is 19%• Non-residents are taxed on the income derived from the Central African Republic only.
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