Home » Country Profiles
Select a country/region


Local business incentives

The industrial free trade zone of Dakar has been implemented in order to encourage foreign investors to set up and develop exports. Particular regimes are applicable to small and medium-sized companies, companies developing technological innovation as well as those that enhance domestic resources. The Investment Promotion Agency of Senegal provides assistance and support to foreign investors.

Legal forms of companies

Form Number of partners/shareholders Minimum and/or maximum capital Liability Registration fee Release of financial documents
Private Limited Company   Minimum 2 partners.
Maximum 50 partners.
FCFA 500,000   Liability is limited to the amount contributed.   About FCFA 215,000 on the basis of a company with a FCFA 500,000 capital.    
Public limited company   Minimum 7 shareholders.
FCFA 2,000,000   Liability is limited to the amount contributed.   About FCFA 400,000
on the basis of a company with a FCFA 2,000,000 capital.  

Registration and licensing procedures

Private Limited Companies and Public Limited Companies are the two most current corporate forms in Senegal. However, other corporate forms such as general partnership, joint-venture company, do exist but remain rare.
The declaration formalities with tax administrations, social and work office are complicated, expensive and take time. That is why, in order to simplify the registration procedure, a unique office has been created. This unique office is linked to the Treasury and receives the companies' declarations requesting approval to the Code of Investment. This organization is in charge of the companies' registration with the different ministries.

Foreign exchange control

There are no limitations on currency exchange control. Free repatriation of profits and capital is carried out.


FDI inflows in Senegal

FDI inflows (millions US$) 2000 2001 2002 World rank
Foreign Direct Investments (F.D.I.) 78   52   70   133 / 196
Sources : UNCTAD Database FDI/TNC

All Offers/Products/Company Profiles/Images and other user-posted contents are posted by the user and Tradett shall not be held liable for any such content. However, Tradett respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. To see our intellectual property policy and for intellectual property rights click here.