Somaliland
Corporate Guide

Can a company be wholly owned by foreigners in Somaliland?

According to the law, foreigners can wholly own companies without restrictions, but they must appoint a local representative who is a resident of Somaliland. The local representative can be a Somalilander or foreigner with residency in Somaliland, or even a body corporate or partnership entity (Article 99 of the Act and Part 3 of the Regulations).