Doing BusinessCompany Registration in Burundi

Burundi at a Glance

Agriculture accounts for about 50% of Burundi’s Economic Output. Cassava and Sweet Potatoes are the Main Subsistence Crops, while Coffee, tea and Cotton are the Main Cash Crops and Hides and Skins Producing a Valuable Income.

Manufacturing Industry In Burundi is still growing and the Opportunities lie in the following area;

  • Processing, production, packaging, marketing of agricultural equipment and inputs
  • Production of fruits and vegetables
  • Packaging and transport
  • Research and development on the conservation of agricultural foodstuffs
  • Potential for Agri-food transformation industry (rice, cereals, etc.)
  • Fertilizer plants (phosphates in the north of the country)
  • Cement plants (raw materials available in the northeast)
  • Potential for food processing industry for domestic production i.e. for rice, cereals, tomatoes, milk, vegetables, etc.
  • Untapped opportunities in the construction sector including glass windows and doors, metal bars, tiles, cement production, etc
  • Production of chemicals including fertilizers for breeding and farming
  • Textile and shoe-making industries
  • Pharmaceutical industry as very few medicines are produced locally
  • Almost all manufactured consumer goods are imported offering plenty of opportunities in almost all industries

The Tax Regime in Burundi is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 30 %, Corporation Tax is at 30% and Vat at 18%.

Company Registration in Burundi Summary Table

EntitySubsidiary CompanyBranch Company
How Long does the Company registration process Take?15 Days15 Days
How long Does it take to Open Bank Account? 5 Days5 Days
After how Long can you Invoice and Hire 20 Days20 Days
Minimum Number of Directors and Shareholders 1 –
Foreigner Can own the Company 100%YesYes
Can the entity hire expatriate staffYesYes
Tax Identification Registration requiredYesYes
Access to Burundi double Tax treatiesYesYes
Can bid for Government Contracts?YesYes
Can Secure Trade Finance?YesYes
Can Secure an Import and Export Licence?YesYes
Can Easily Convert into a PLC?YesNo
Can Secure Work permits for foreign Employees and Directors?YesYes
Multi Currency Bank Accounts Available?YesYes

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