Democratic Republic of Congo
Corporate Guide
Can a company be wholly owned by foreigners in Democratic Republic of Congo?
As a general rule, capital can be helped entirely by foreigners. However, in some sectors, such as telecommunications1, banking2 and insurance3, potential investors are required to include Congolese nationals, as foreigners are not allowed to own more than 51% shareholding in the company.
Footnotes
1: Law No 20-017 of 25 November 2020 – related to telecommunications and information and communication technologies.
2: Law No 003/20002 of 2 February 2002 – related to the activity and control of credit establishments.
3: Law No 15/00 of 17 March 2015 – relating to the Insurances Code.