Business

How to start a business in Cape Verde

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Doing business on the African continent is becoming more and more interesting especially for those who want to start a business in Cape Verde, that’s why you will see here How to start a business in Cape Verde so that it helps you to start on the right basis and thus succeed in your business as soon as possible.

Considering setting up a business in Cape Verde today may be an idea that could considerably boost your business project because the fact that this country is already one of the most chosen destinations by entrepreneurs for investment in Africa proves that there is much to be gained from this country so promising that it is increasingly talked about on the continent.

Due to its tax advantages, Cape Verde presents itself as a very welcoming country (especially to foreigners) and open to the outside world, namely in terms of trade without forgetting its abundant labor force, quality of life (less expensive) and especially a great ease in the process of creating a business.

Before getting to the heart of the subject of this article, here are a few important details that you should know about Cape Verde before you leave and create a company.

Cape Verde is a country (island state) consisting essentially of an archipelago of volcanic islands and is geographically located in Africa and more exactly in the north-western part of the continent.

Cape Verde makes a name for itself thanks to its beautiful beaches located in the four corners of the country as well as its music and culture being a mix between that of Africa and Portugal.

How to start a business in Cape Verde :

The steps to create a company in Cape Verde:

When you are in the process of creating your business in Cape Verde, you will have to respect all the conditions established by the Cape Verdean administration in order to be able to launch a company in this country.

-Apply for an entrepreneur’s visa at the embassy to be authorized to expatriate.

-Then register your company with the country’s commercial register.

-Draft and sign the company’s articles of association by a notary public.

-Register his company with the VAT.

-Hire a local chartered accountant.

-Domicile his company (Find a registered office).

-Recruit its employees.

Forms of business in Cape Verde :

The choice of the legal form of your company is a very important phase in the process of creating a company.

Therefore, since it is absolutely necessary to do it correctly before starting your activity, you will discover some of the main points in the section below, knowing that if you are unable to find the right legal form for your new business, it will simply be useful for you to go to the Chamber of Commerce of the country, or to any notary public or join a foreign entrepreneur already established in the country to help you choose the ideal status for your business.

-Limited liability company (SARL)

-Sole proprietorship

-Public limited company (SA)

-General partnership (SNC)

-Limited Partnership

-The general partnership

Conclusion :

We can finally say that Cape Verde is a country where it will be very beneficial for you to start a business or to make any type of investment because this country of the African continent has improved very quickly on the economic level as well as in the business world.

So, if it is really there that you intend to undertake, then go ahead, it is in your interest to succeed in your project.

Read more : https://employerofrecord-africa.com/

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