Fees and timelines in 2022
Fees
Congo business incorporation costs in Year 1 amount to US$8,840 and annual company costs in Year 2 and thereafter amount to US$3,630. The average total fees per Congo company setup engagement amounts to US$14,030, including Congo business incorporation, company secretary and corporate bank account. Refer to draft invoice embedded here.
| Different Congo entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$14,030 | View invoice PDF |
| PLC | US$14,030 | View invoice PDF |
| Branch of a foreign company | US$16,030 | View invoice PDF |
| Representative office | US$13,080 | View invoice PDF |
Click here to create your own Congo invoice
Timelines
The average time period required to setup a company in Congo is 17 weeks as outlined below:
| Service | LLC | PLC | Branch | Rep office |
|---|---|---|---|---|
| Engagement planning | 2 weeks | 3 weeks | 3 weeks | 3 weeks |
| Company incorporation period | 7 weeks | 17 weeks | 19 weeks | 18 weeks |
| Bank account approval | 4 weeks | 6 weeks | 6 weeks | 6 weeks |
| Internet banking approval | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
| Incorporation completion | 1 weeks | 2 weeks | 2 weeks | 2 weeks |
| Total engagement period | 17 weeks | 31 weeks | 33 weeks | 32 weeks |
