The SARL (limited-liability company) is the preferred vehicle for a foreigner wanting to settle in Madagascar long-term. It serves three purposes:
Justify a long-term Resident Card
Enable legal property purchase (via long-lease or via the company)
Operate a local economic activity (tourism, consulting, import/export, services)
The EDBM procedure
EDBM (Economic Development Board of Madagascar) is the one-stop shop for all formalities. In practice, incorporation takes 2 to 5 business days once the file is complete.
Name check
Availability check and trade name reservation.
Bylaws
OHADA-compliant drafting β corporate purpose, management, capital split.
NIF, RCS, statistical number, tax certificate β all handed to you.
Indicative costs
Min. capital
from 2M MGA
~ USD 450
EDBM fees
β USD 350
included in our package
Our fee
quote
depending on complexity
After incorporation
A company in Madagascar can't be set up and forgotten: accounting duties, quarterly tax returns, annual AGM. We support you beyond incorporation, in partnership with a well-known local accounting firm.