Chad - Establishing an OfficeChad - Establishing an Office
To establish offices in Chad, a company must provide the following documents to the Formalities Center (Centre de Formalité des Entreprises) at the Chadian Chamber of Commerce:
- Copy of articles of incorporation or bylaws, and annexes;
- Decision of the General Assembly or decision of the Board of Directors (Societé Anonyme—See Below);
- Proof of identity of company executives/owners;
- Criminal records or affidavit of no criminal record;
- Residence permit (for foreigners);
- Lease or title of Property;
- Three color photos of the Chief Executive Officer;
- Notary and registration fees of approximately $280 plus 1.5 to 5 percent of capital.
- Corporation (Societé Anonyme, SA): A "Societé Anonyme" has the same characteristics as a "Societé Anonyme Francaise.” There must be at least seven shareholders. Financial responsibility of shareholders is limited to each individual's capital contribution.
- Limited Liability Company: (Societé a Responsabilité Limité, SARL): This category corresponds to the French SARL. A SARL requires a minimum of two individual partners. SARL partners cannot cede ownership without consent of 3/4 of the association.
- Affiliate or Branch Office (Succursale): A foreign company may start a business in Chad as a branch office either independently or with a Chadian partner.
- Economic Cooperative (Groupement d’Intéret Economique): A formal relationship between a group of businesses or organizations for the purpose of increased competitive advantage. Common among agricultural producers and artisans.
- Sole Proprietorship (Entreprise individuelle): A private business owned by one individual with unlimited liability. Foreigners require a residence permit issued within the previous three months and a copy of a commercial lease to qualify.
- Corporation (Société Anonyme: SA): $183
- Limited Liability Company (Société à Responsabilité Limité: SARL): $133
- Corporate affiliate or Branch Office (Succursale): $550
- Economic Cooperative (Groupement d’Intéret Economique): $142
- Individual Enterprise (Entreprise individuelle): $63