Sierra Leone

 sierra leon

Official Name:             Sierra Leone

                          Freetown

                    English

                        Sierra Leonean Leone

sierra leone on the globe

OUR SERVICES;                      

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

Sierra Leone 

Sierra Leone in West Africa, with a population of 7 million, speaks English. Sierra Leone, with an area of 71,740 square kilometers, has a tropical climate.

General Questions 

Which organization is the company registration authority in Sierra Leone?
For information on company registration rules, you can contact the Office of the Administrator and Register General (OARG) in Sierra Leone.

Which type of company is most used in ┘ŹSierra Leone?
Limited Liability Company used for all types of services.

What is the corporate income tax?
30.

Do we need a local partner to register a company?
No. All shareholders and directors can be 100% foreign.

What is the minimum capital required to register a company in Sierra Leone?
$ 1

How long does it take to register a company in Sierra Leone?
About 5 months

How much does it cost to register a company in Sierra Leone?
About 17 thousand dollars

Do we have to have an office and a physical address to register a company?
Yes. Having a physical office is one of the requirements for registering a company in Sierra Leone.

Should company executives or shareholders reside in Sierra Leone?
No. No need to stay.

The benefit of company registration in Sierra Leone

  • Company can be register with a shareholder and a director.
  • Shareholders and directors can be of any nationality.
  • Sierra Leone is politically and economically stable.
  • Company registration process between 2 to 4 weeks.
  • Customs exemption for access to the large US market under the African Growth and Opportunity Act (AGOA) & the European Union.
  • Government incentives such as 3 years of customs exemption for the import of equipment and machinery, 3 years of tax exemption for the employment of workers.
  • Government incentives for free zones such as exemption from customs duties on exports and imports, 3 years tax-free.

The disadvantage of company registration in Sierra Leone

  • Obtaining the necessary licenses for the company is time consuming.
  • $ 2,000 for a work visa for managers and employees.
  • A long time of 10 to 16 weeks to obtain a work visa.
  • Lack of educated and skilled manpower.
  • Widespread corruption in the private and public sectors of Sierra Leone.

Type of company registration

Limited Liability company (LLC)
Public limited company (PLC)
Foreign Branches

The company registration process

  • Submit a company registration application
  • Specify the name of the company and check in the Office of the
  • Administrator and Register General (OARG)
  • Preparation and adjustment of the company’s articles of association, including the approved name, type of company, goals and activities of the company, names of managers, names of shareholders and the amount of their shares, address and telephone number of the company
  • Payment of company registration fee
  • Opening a company bank account and depositing company capital
  • Prepare the seal and logo of the company
  • Company registration in the Office of the Administrator and Register General (OARG)
  • Obtaining company certification
  • Forming a file at the National Revenue Authority (NRA) and obtaining a tax code
  • Obtaining work and business licenses
  • Forming a company file in the Ministry of Labour and Social Security