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2.1. Main Formation Requirements

Key steps to be followed for registering a company are:

  • Verifying the registration documents, applying for a fiscal identification number at One-Stop-Shop at Economic Development Board of Madagascar (‘EDBM’)
  • Paying the registration fees and registering the company at EDBM
  • Applying for a license (carte professionnelle) and registering the company at the National Statistics Institute (‘INSTAT’)
  • Publishing a notice of a company’s incorporation in the local newspaper
  • Obtaining the K-Bis from EDBM. The K-Bis is the document that compiles all the relevant information regarding the company such as identification numbers under tax and statistics , the registration number and the date of the newspaper publication
  • Registering the employees with National Social Security Fund
  • Registering the employees with the Public Insurance Scheme i.e. OSTIE