Registering a Company in Senegal

Helping outbound enterprises smoothly expand their business within Senegal. Let's start your development journey in Senegal together!

Currency

West African CFA franc (XOF)

Capital

Dakar

Official language

French

Salary Cycle

Monthly

Our Guide in Senegal

Browse the following tags to learn all about Senegal

Senegal Company Registration Guide 2025: Policies, Practical Steps and Precautions

This guide summarizes the latest developments in company registration and related policy interpretations for Senegal in 2025. It is intended for entrepreneurs, foreign investors and advisers who need a clear, step-by-step roadmap plus practical cautions for setting up a legal entity in Senegal.

Overview: Legal framework and recent policy context

Company formation in Senegal is governed by the OHADA (Organization for the Harmonization of Business Law in Africa) Uniform Act on Commercial Companies and related national procedures. Key actors in the registration process include the Centre de Formalités des Entreprises (CFE), the Registre du Commerce et du Crédit Mobilier (RCCM), tax authorities (Direction Générale des Impôts et des Domaines - DGID) and social security organizations. In 2024–2025, the Senegalese government has continued to streamline formalities and encourage investment, clarifying interpretation of some OHADA provisions and emphasizing digital submission routes for core filings.

Key policy highlights for 2025

  • Digitization push: Authorities continue expanding online services at the CFE and RCCM to shorten processing times and improve transparency.
  • Investment incentives: The national investment promotion agency (APIX) remains the focal point for incentives and sector-specific facilitation; eligible projects can apply to secure fiscal and customs advantages.
  • Compliance emphasis: Regulators have tightened anti-money-laundering (AML) and beneficial ownership disclosure requirements. Companies must be ready to provide accurate shareholder and ultimate-beneficial-owner information.
  • OHADA conformity: Recent clarifications from courts and commerce registries underscore consistent application of OHADA corporate governance rules—particularly on management duties and annual reporting.

Choosing the right legal form (quick comparison)

Entity typeMain featuresWhen to choose
SARL (Limited Liability Company)Flexible governance, suitable for SMEs; members' liability limited to contributionsSmall- to medium-sized businesses, family firms, startups
SA (Public Limited/Joint-Stock Company)Structured for larger capital raises; stricter governance and disclosureLarge projects, companies seeking investors or public offerings
Entreprise Individuelle / EURLSole proprietorship or single-member limited company; simpler reportingSole entrepreneurs, consultants, micro-businesses

Step-by-step procedure to register a company in Senegal (practical operations)

  1. Plan and select the legal form: Assess investor profile, liability, tax considerations and future financing needs. Consider an SARL for most small to medium ventures; use an SA for large-scale capital projects.
  2. Name check and reservation: Verify name availability with the CFE or RCCM. Reserve your trade name where required to avoid conflicts.
  3. Draft constitutive documents: Prepare statutes/articles of association. For some entities or where required, have documents notarized; ensure conformity with OHADA templates where applicable.
  4. Open a bank account and deposit capital: For corporate forms that require capital proof, deposit agreed capital in a bank and request a deposit certificate to accompany registration documents.
  5. File at the CFE and RCCM: Submit company statutes, ID documents, shareholders’ list, bank deposit certificate and other required forms. The RCCM will register the company and issue the registration extract.
  6. Obtain NINEA: The Numéro d'Identification Nationale des Entreprises et des Associations (NINEA) is the national business identification number issued after tax registration. This is necessary for fiscal compliance and issuing invoices.
  7. Register for taxes and obtain fiscal ID: Register with the DGID for corporate income tax, VAT (if applicable) and other relevant regimes. Seek advice on tax incentives through APIX if your project qualifies.
  8. Register for social security: Enroll employees with social security bodies (e.g., CNSS) and, where relevant, pension schemes such as IPRES. Prepare to comply with payroll withholding and employer contributions.
  9. Sector and municipal permits: Obtain sector-specific licenses (e.g., telecoms, finance, agriculture export) and municipal operating permits before commencing activities.
  10. Ongoing compliance: Keep accounting books, file annual accounts, hold statutory meetings, and maintain accurate beneficial ownership records for AML checks.

Practical examples (case sketches)

Example 1 — Tech startup: "SunTech" registered as a multi-shareholder SARL in Dakar using the CFE online portal. By preparing statutes in OHADA format and obtaining a bank capital deposit certificate, SunTech secured NINEA and tax registration within two weeks—illustrating faster timelines when digital submissions are complete.

Example 2 — Agro-export firm: "AgroHarvest" applied for APIX incentives and obtained customs relief for eligible equipment. They needed additional sector clearances from agricultural regulators, showing that incentives often require parallel regulatory approvals.

Important precautions and Notes

  • Verify legal form against future plans: Changing entity type later can be costly and time-consuming.
  • Document accuracy: Ensure shareholder IDs, addresses and beneficial ownership data are precise—errors slow down approval and can trigger AML reviews.
  • Capital deposit and proof: For companies requiring proof of paid-in capital, do not start operations until bank certificates are in hand.
  • Sector regulations: Certain activities require ministerial approval—verify before committing resources.
  • Land and property: Foreign investors should review land acquisition rules and, where needed, obtain specific legal advice on title and lease structures.
  • Local labor rules: Comply with employment contracts, minimum wages, social contributions and termination rules to avoid labor disputes.
  • Tax obligations: Understand VAT thresholds, withholding tax requirements and periodic filing schedules to prevent penalties.
  • Maintain good corporate governance: Keep minutes, hold annual meetings, and file statutory reports punctually under OHADA rules.

Where to get help

Use the CFE and RCCM online services where available to speed up registration. For larger projects, consult legal and tax advisers experienced in OHADA law. For expatriate staffing and off-shore personnel services, SailGlobal can assist with remote staffing and cross-border human service arrangements.

Final tips for 2025

Leverage digital filing channels, prepare thorough documentation to meet heightened AML and ownership disclosure requirements, and proactively seek APIX guidance for investment incentives. Early compliance planning—covering tax, social security and sector permits—reduces risk and accelerates business start-up in Senegal.

Disclaimer
The information and opinions provided are for reference only and do not constitute legal, tax, or other professional advice. Sailglobal strives to ensure the accuracy and timeliness of the content; however, due to potential changes in industry standards and legal regulations, Sailglobal cannot guarantee that the information is always fully up-to-date or accurate. Please carefully evaluate before making any decisions. Sailglobal shall not be held liable for any direct or indirect losses arising from the use of this content.

Hire easily in Senegal

Compare employee hiring costs across over 100 countries worldwide, helping you accurately calculate labor costs. Try it now

Cost Calculator

Please select the country/region you wish to recruit from, and the calculation can be done with just a few clicks.