Start a business in Madagascar
The main steps, the stakeholders to approach and the points of attention for setting up a company in Madagascar as a foreigner.
Before you incorporate: scope the project
Define the activity, the target market, the investment level and the timeline. This scoping drives the choice of legal form and the authorisations required.
The incorporation steps
The typical path, to be validated with the competent authorities:
- Choice of legal form and drafting of the articles
- Capital deposit and registration formalities
- Tax and social obligations
- Sector-specific authorisations where applicable
- Opening bank accounts
Stakeholders to approach
Depending on the project: the business-registration desk, the tax authority, a bank, a notary or lawyer, and CCIMADMAR for guidance and local introductions.
Points of attention
Check your local partner's capacity, put agreements in writing, plan for taxation and foreign-exchange management, and keep a record of every step.
Frequently asked questions
Do I need a local partner?
It depends on the legal form and the sector. A local partner can nevertheless ease market access; we help you identify one.
Does this guide have legal value?
No. It is general information; always confirm current rules with the competent authorities or an adviser.
See also
- Invest – CCIMADMAR helps Moroccan companies and investors enter Madagascar through local business introductions, market guidance and investment support.
- Find a distributor – How to identify and vet a distributor or importer in Madagascar before signing: method and CCIMADMAR introductions.
- Legal and tax guide – Legal and tax texts, codes and procedures in Madagascar and Morocco: comparative analyses to prepare your investment project.
- Business matching – Find a reliable partner in Madagascar or Morocco: CCIMADMAR qualifies your need and introduces you to the right counterparts.