Official Name: Sudan
Khartoum
Arabic, English
Sudanese pound
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Sudan
Sudan, with its capital Khartoum, has a rich history, diverse culture, varied economy, and a complex political landscape. This page provides an overview of these aspects, highlighting the unique characteristics and challenges faced by Sudan.
History: Sudan has a long and complex history, deeply rooted in ancient civilizations, including the Nubian Kingdom of Kush and the ancient Egyptian influences. Over the centuries, Sudan experienced Arab migration, the rise and fall of various Islamic kingdoms, and the influx of European colonial powers, primarily Egypt and Britain. Sudan gained independence from Britain and Egypt in 1956. Since then, the country has experienced periods of political instability, civil wars, and secession, leading to the creation of South Sudan in 2011.
Culture: Sudan is known for its diverse cultural heritage, influenced by its geographical location at the crossroads of Arab, African, and Islamic cultures. The country is home to a mosaic of ethnic groups, each with its own distinct traditions, languages, and customs. Arabic is the official language, and Islam is the predominant religion. Sudanese culture is characterized by hospitality, communal values, and a rich artistic tradition, including traditional music, dance, and poetry. Sudanese cuisine, with dishes such as ful medames and asida, reflects a blend of African and Middle Eastern flavors.
Economy: Sudan’s economy is diverse, with agriculture, oil, mining, and services as key sectors. Agriculture plays a crucial role, employing a significant portion of the population and producing crops such as cotton, sorghum, sesame, and gum arabic. Sudan was once a major exporter of oil until the separation of South Sudan, but it continues to have significant oil reserves. Mining activities focus on gold, copper, and other minerals. The services sector, including banking, telecommunications, and tourism, has seen growth potential. However, economic challenges such as inflation and limited infrastructure hinder overall development.
Politics: Sudan’s political landscape has been marked by periods of authoritarian rule, political instability, and conflict. In 2019, a popular uprising led to the ousting of longtime President Omar al-Bashir. A transitional government, comprising civilians and military representatives, was formed to lead the country towards democratic governance. The government’s priorities include addressing peace agreements, resolving regional conflicts, and promoting political and economic reforms. Sudan has engaged in diplomatic efforts to rebuild relationships with the international community and seek support for its development agenda.
In conclusion, Sudan’s history, culture, economy, and politics reflect the complexities and aspirations of a diverse nation at a critical juncture of transition. The country’s cultural diversity, influenced by Arab, African, and Islamic traditions, contributes to a vibrant society. Sudan’s economy holds potential for growth, particularly in agriculture, oil, and mining sectors, while challenges such as economic stability and infrastructure development need to be addressed. The political landscape is undergoing transformation, with efforts towards democratic governance and reconciliation. Sudan offers a unique opportunity to explore its historical sites, experience its cultural richness, and engage with a nation on its path towards progress, peace, and stability.
General Questions
What is the best type of company for all products and services to operate?
Limited Liability Company.
How much is a corporate tax in Sudan?
35%
How much is VAT in Sudan?
17%
How much does it cost to register a company in Sudan?
$ 13000 USD
What is the minimum capital required to register a company?
$ 100,000 USD
Do company executives should travel to Sudan to complete the company registration?
No need.
How long does it take to register a company?
3 months
Is it necessary to have an office physically to register a company?
Yes.
The benefit of company registration in Sudan
- The registration of a limited liability company in Sudan is done with a manager and a shareholder.
- Managers and shareholders can be of any nationality.
- Managers do not need to travel to Sudan to register a company or complete the process.
- Company registration is done with a minimum capital.
- Business opportunities to invest in oil industries.
- Business opportunities to produce or import food.
- Government investment incentives for foreign investment such as corporate income tax exemption, customs
- exemption for import of machinery and raw materials.
- Cheap manpower.
The disadvantage of company registration in Sudan
- Sudan is embroiled in a civil war.
- Insecurity for foreigners
- High corporate income tax
- The minimum capital required to register a company is $ 100,000
- Starting a company in Sudan is time consuming.
- Administrative bureaucracy for work visas for foreigners, necessary permits.
Type of company registration
Private company
Public Company
Limited Liability Company
Holding Company
Branch Office
Rep Office
The company registration process
- Application for registration of a company in Sudan
- Specify 3 names for the company and get the approval of one name
- Preparation and adjustment of the company’s articles of association with the specifications of the approved name, type of company, goals of the company, names of shareholders and amount of shares, names of managers, address and telephone number of the company.
- Company registration
- Opening a bank account and transferring the company’s capital to a bank account
- Preparation of company seal
- Publication of company information in the domestic newspapers of Sudan
- Register the company in the tax office and receive a special code
- Registration of the company in the social security office
