Guide to Start a Business in Sudan

Formal registration of companies has many immediate benefits for the companies and for business owners and employees. Legal entities can outlive their founders. Resources are pooled as several shareholders join forces to start a company. Formally registered companies have access to services and institutions from courts to banks as well as to new markets. And their employees can benefit from protections provided by the law. An additional benefit comes with limited liability companies. These limit the financial liability of company owners to their investments, so personal assets of the owners are not put at risk. Where governments make registration easy, more entrepreneurs start businesses in the formal sector, creating more good jobs and generating more revenue for the government.

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Sudan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected from World Bank: Doing Business 

No.ProcedureTime to CompleteAssociated Costs
1Submit application for preliminary approval to Registrar and reserve company name3 daysSDG 200
2Notarize memorandum and articles of association2 daysSDG 350
3Notify taxation chambers1 daySDG 55
4Register with commercial registry4 daysStamp duty and other application/administrative fees (see comment)
5Apply for tax identification number1-2 daysSDG 5
* 6Register for VAT2 days (simultaneous with previous procedure)no charge
7Register with labor authorities14 daysSDG 192
8Enroll employees for social security3-7 daysSDG .25
9Make a company seal2 daysSDG 40
* Takes place simultaneously with another procedure.
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