Togo flag Togo: Operating a Business in Togo

Starting a business in Togo

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 million
Shareholders and liability: liability is limited to the shares
Public Limited Company (PLC)
Number of partners: minimum one shareholder and one director, 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): XOF 10 million
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 Setup Procedures

Setting Up a Company Togo Sub-Saharan Africa
Procedures (number) 3.0 7.5
Time (days) 2.5 21.3

Source: Doing Business - Latest available data.

 
The Competent Organisation
Centre de Formalités des Entreprises (CFE)
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Togo.
 

Financial Information Directories

Dun & Bradstreet - Worldwide directory with financial information on businesses

OHADA's RCCM Portal - Register of African companies

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Latest Update: May 2024