Senegal
Corporate Guide

How much does it cost to incorporate a company in Senegal?

The costs include the legal fees (notary and lawyer) and the registration costs. They are not fixed and depend on the amount of share capital of the company. For instance:

• the amount for the notary's fees can vary between XOF 200,000 (approximately USD 335) and XOF 300,000 (approximately USD 500) for an LLC with a share capital of XOF 1 million (approximately USD 1700); and
• for a public limited company, the notary's fees are around XOF 500,000 (approximately USD 840) for a share capital of XOF 10 million (approximately USD 16,800).