Company Formation in Sudan
Africa
Overview
Sudan is emerging as a new and sought-after destination for business investment, particularly in Africa. While offering vast opportunities in untapped markets like agriculture and energy, and experiencing a significant inflow of capital post-oil export, it's crucial to note that Sudan operates as a classic offshore jurisdiction with strict information protection. Its legal framework is based on Sharia law, and a high degree of bureaucracy can pose challenges for foreign investors.
Our Process
Step 1: Name Reservation
Prepare and submit multiple variations for company name reservation. Approval usually takes 3 days.
Step 2: Document Preparation & Notarization
Draft the Memorandum and Articles of Association, incorporating Registrar's advice. These documents must be notarized and then signed by the founders.
Step 3: Tax Chamber Approval
Submit the notarized Memorandum and Articles of Association to the Tax Chamber for approval, typically processed within 1 day upon payment of duties.
Step 4: Office Establishment
Secure documentation confirming the rental or acquisition of a physical office space.
Step 5: Commercial Register Submission
Submit the approved package of documents to the Commercial Register along with stamp duties and seal certification fees.
Step 6: Registrar Verification & Tax Registration
Undergo a 2-day inspection by Registrar employees to verify the office presence. Subsequently, obtain a tax ID and register for VAT (can be done immediately or later).
Step 7: Staff Registration (if applicable)
Coordinate staff employment aspects with the Labor Protection Service and register employees with the Social Security Fund authorities.
Key Requirements
- Memorandum of Association (including business objectives, capital, distribution, and founders' identification)
- Multiple variations of company name reservation application
- Original copy of the company's Articles of Association
- Proof of registered local address/office