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2.1. Main Formation Requirements

Following are the steps involved in the Burkina Faso company setup procedure:

  • Obtain name reservation certificate for the company
  • Depositing of subscribed / start-up capital in a bank
  • Notarization of declaration of capital subscription by a public notary (although 2014 onwards this requirement is not mandatory) and submitting the proof of capital deposit with the notary
  • Registration of company at CEFORE and payment of prescribed registration fees, thereafter, the company is assigned unique company identification number, tax identification number (IFU), and social security affiliation

E-registration process for companies is also available at online portal of CEFORE ( www.sigu.gov.bf)