What is the process of setting up a company in Guinea Conakry?
The process of setting up a company can be summed up in the five following steps:
- Drafting of the company’s articles of association.
- Adoption of the articles of association by the shareholders through a general meeting, the appointment of corporate management, the board and auditors (if required).
- Filing of the dated and executed articles of association and minutes of the general meeting of shareholders with the public notary and payment of the amount of the share capital amount for the company registration (if required).
- Filing of the articles of association and the minutes of the general meeting of shareholders with the Agency in Charge of Promoting Private Investment in Guinea (APIP) for applying for the certificate of incorporation (RCCM) and tax indemnification number (NIF). The APIP is responsible for issuing the RCCM and the NIF.
- Publication of the incorporation in the local Gazette duly authorised to publish the legal announcement. This publication can be done either by APIP or on its website.