Guyana

 Guyana

Official Name: The Co-operative Republic of Guyana

              Georgetown

        English

           Guyanese dollar (GYD)

OUR SERVICES;                      

  • Consultation (in person, online, phone)
  • Helping to prepare your documents
  • Start to finish your company registration process
  • Immigration services

Guyana

Guyana means the land of abundant water in South America with a population of 786552 people, one of the poorest countries with 35% of the population below the poverty line. The country suffers from poor health services and educational facilities in rural and urban areas. The official language of Guyana is English, which is the only English-speaking country in South America. Guyana’s economic resources include virgin forests, rice and sugarcane fields, gold reserves and bauxite.

The benefits of company registration in Guyana

  • Government tax exemptions
  • Government support for private enterprises
  • Abundant workforce
  • Easy access to South American markets
  • Low start-up costs in Guyana
  • English is official language

The disadvantage of company registration in Guyana

  • Low population and lack of market for selling products and services in Guyana
  • Lack of skilled labor
  • Lack of adequate government support and incentives for investors

Type of company registration 

  • limited liability company
  • Sole proprietorship
  • Partnerships
  • Foreign Branches

The company registration process

  • Submit a company registration application
  • Company name and reservation for 1 year
  • Preparation and regulation of the company’s articles of association, including the name, type of company, goals and activities of the company, names of shareholders and specified amount of shares, names of managers, address of the company’s office in Guyana
  • Obtain the licenses from the Companies Registration Office
  • Resume of managers and shareholders of the company with name, job, address
  • Consent of managers and shareholders to establish a company
  • Confirmation of a lawyer stating that the legal age of managers and confirmation for non financial problems
  • Identity documents of managers and shareholders
  • Payment of legal fees for company registration
  • Company registration in the company registration office and obtaining a company certificate
  • Preparation of seals and administrative letterhead of the company
  • Opening a bank account for the company and depositing the initial capital of the company
  • Publication of the company in local and domestic newspapers