Benin flag Benin: Operating a Business in Benin

Starting a business in Benin

Legal Forms of Companies

Limited Liability Company (LLC/SARL)
Number of partners: Minimum one shareholder and one director, which may be of any nationality and not be resident in the country
Capital (max/min): XOF 1
Shareholders and liability: Liability is limited to the shares
Public Limited Company (PLC)
Number of partners: Minimum one shareholder and three directors, of any nationality. If the company has more than three shareholders, a board of directors must be appointed (with minimum three directors)
Capital (max/min): USD 18,000 (USD 180,000 in case of publicly traded companies)
Shareholders and liability: Liability is limited to the extent of the shareholders contributions
Limited Partnership (Société en Commandite Simple - SCS)
Number of partners: Minimum one with limited liability and one with unlimited liability
Capital (max/min): No minimum capital required
Shareholders and liability: Limited partners who do not participate in management have limited liability. However, general partners or managing partners have joint and unlimited liability
General Partnership (SNC)
Number of partners: Minimum two
Capital (max/min): No minimum capital required
Shareholders and liability: Partners have joint and unlimited liability
 

Business Directories

Financial Information Directories
Dun & Bradstreet - Worldwide directory with financial information on businesses
OHADA's RCCM Portal - Register of African companies

To go further, check out our service Business directories.


 

Professional Associations

General Professional Associations
TCCI - Chamber of Commerce, Industry and Agriculture of Tripoli
LIU - Libyan Industry Union

To go further, check out our service Professional associations.


 

Business Setup Procedures

Setting Up a Company Benin Sub-Saharan Africa
Procedures (number) 6.0 7.5
Time (days) 8.5 21.3

Source: Doing Business - Latest available data.

 
The Competent Organisation
OHADA's Trade Register (RCCM)
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Benin.

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Latest Update: September 2022