Starting a business in Chad

Legal Forms of Companies

Limited Liability Company (LLC/SARL)

Number of partners: minimum one shareholder and one director, which may be of any nationality
Capital (max/min): minimum capital XAF 1 million
Shareholders and liability: liability is limited to the shares

Public Limited Company (PLC - SA)

Number of partners: minimum one shareholder and one director, of any nationality
Capital (max/min): minimum capital XAF 10 million
Shareholders and liability: liability is limited to the extent of the shareholders contributions

General Partnership (SNC)

Number of partners: minimum two
Capital (max/min): no minimum capital required
Shareholders and liability: partners have joint and unlimited liability

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

Business Setup Procedures

Source: Doing Business - Latest available data.