Chad officially named as the Republic of Chad, is a landlocked country in Central Africa. It is bordered by Sudan to the east, Libya to the north, the Central African Republic to the south, Niger to the west and Cameroon and Nigeria to the southwest. Since 1996, Chad has been a member of World trade organization. Realizing the potential of the private sector to help diversify and grow the economy, the Government of Chad is working to promote formal small business development.
Scroll down for more information on Company Formation in Chad.
|Type||Limited Liability Company/Branch office|
|Under Chad law, foreigners can own||100%|
|Share Capital||FCFA 1,000,000 (USD 2,060.00)|
|Memorandum and Articles of|
|Can the entity hire expatriate staff in|
|Statutory audit required||No, but when the total balance sheet is|
superior to FCFA 125,000,000; the staff
superior to 50 persons; annual turnover
superior to FCFA 250.000.000, an
external auditor must be appointed
|How long to open Corporate Bank Account||2 weeks|
|Timeframe to Incorporation||4-8 weeks|
|Access to Chad double tax treaties||Yes|