Starting  a Business in Guinea

Starting a business, or company, in Guinea takes approximately 41 days as compared to about 46 days for the Sub-Saharan Africa region. This piece outlines the general technical procedures for starting a company in Guinea, according to the Doingbusiness.org database by the World Bank. It includes details and requirements to be in good standing with all relevant agencies beyond the company registrar like social security agencies.

Use this as a guide while you complete the process and consult with agents carrying out work on your behalf.  

Technical Procedures

The steps involved in registering a company [SOCIETE A RESPONSABILITE LIMITEE (SARL) - Limited Liability Company]  

in Guinea are:

1. Deposit the legally required initial capital in a bank and obtain deposit evidence.
2. Obtain police clearance record for the first directors.
3. Check the uniqueness of the company name at the Clerk’s Office in charge of company registration.
4. Obtain photocopies of identity papers and photos of founders and managers.
5. Pay the registration tax at the Tax Bureau (Direction Nationale des Imp̫ts РDNI).
6. Deposit the company deeds and Articles of Association with the notary.
7. Pay stamp duty (Droit de Timbre) at the DNI.
8. Register with the Commercial Registry (RCCM) at the Clerk’s Office of the local court.
9. Publish notice of incorporation in the newspaper or the Official Gazette.
10. Apply for tax identification number and pay the patente with the Tax Bureau (Direction Nationale des Impôts).
11. Notify the Employment Bureau (Office National de l’Emploi et de la Main-d’Oeuvre).
12. Register for Social Security with the Caisse Nationale de la Sécurité Sociale.
13. Make a company seal.