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Starting a Business in Chad : Guide

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 Chad. 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
1Open a bank account, deposit the legally required initial capital in a bank and obtain deposit evidence1 dayno charge
2Check the uniqueness of the company name and pick up a company registration form1 dayno charge
3Notarize the company’s deeds and articles of association8 daysXAF 172,760
4Register the articles of association with the Service d’Enregistrement, des Domaines et du Timbre2 daysXAF 121,656
5Register at the Centre de Formalite des Entreprises (Registration with RCCM, Administrative authorization from the Ministry of Commerce and Industry, Tax registration, Registration with CNSS)2-3 weeksXAF 10,000 (Fee for the CFE) + XAF 42,000 (Fee for ANIE) + XAF 8,000 (RCCM) + XAF 20,000 (Tresor public) + XAF 3,000 (Stamps) + XAF 5,000 (Chamber of commerce)
6Make a formal announcement through legal journals/newspapers proclaiming the existence of the company3 daysXAF 50,000 in legal journal, variable in a newspaper
* 7Pay the patente (Direction des Impots)1 day (simultaneous with procedure 6)XAF 247,390 (see details)
* 8Submission of the Internal Regulation Code to the Labor Inspection Office (Inspection du Travail)30 days (simultaneous with procedure 6)no charge
* 9Make a company seal7 days (simultaneous with procedure 6)XAF 18,000
* Takes place simultaneously with another procedure.
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