Our Global Network

Doing business in Burkina Faso

How quickly can I set up a business?

10 Days.

What is the minimum investment needed?

Share capital :
– SARL, SAS …………………(1 000 000 F.CFA)
– SA……………………….. (10 000 000 F.CFA)
Registration fees ……………….50 500 FCFA
Legal notice …………………….64 000 FCFA
Notarial acts………………….To be defined
Authorisation to trade ……….22 210 FCFA

How can I raise finance?

As the country does not yet have a functioning investment fund, funds can only be raised to finance your investments from financial institutions.

What are the legal requirements for setting up my business?

– Minimum capital
– Authorisation to trade
– Registered office
– Auditor for SA
Legal structure options:
– Limited Company (SA)
– Limited Liability Company (SARL)
– simplified joint-stock companies) (SAS)
– limited partnership (SCS)
– Cooperative society

What structure should I consider?

We recommend one of the following three legal forms for a business enterprise:
– Limited company (SA)
– Limited Liability Company (SARL)
– Simplified joint-stock companies) (SAS)

What advice can you give me in regards to payroll and taxation requirements?

– Ouagadougou: Administrative capital
– Bobo-Dioulasso: Economic capital
– Any other location in Burkina Faso depending on the nature of the activity
Payroll, HR and tax requirements
– All employment must be evidenced by an employment contract signed by both parties
– Expatriate employment contracts must be subject to visa formalities
– Social security contributions must be paid to the social security fund (CNSS)
– Tax declarations are submitted online on the eSINTAX platform of the tax authorities

Is there anything else that I should know?

Burkina Faso has an :
– Investment Code which grants at least 5 privileged regimes
– Mining Code which grants investment favours in the mining sector
– Agro-sylvo-pastoral, halieutic and wildlife investment code;
– Growth poles (in cities Bagré, Sourou)
– Business arbitration and mediation center.

Our firms in Burkina Faso
How can Kreston grow your business?
Select your business type:

Latest news

Global accounting M&A trends

Global M&A trends in accounting

Recently, International Accounting Bulletin invited Kreston Global members to comment on global M&A trends in accounting. Left to right: George Itotia, Alexandre Kouame, Rich Howard.

Client update July 2023

Client update July 2023

Read our latest client update with a wealth of insights from our experts across the network. Read, share, and let us know your thoughts!

ISSB reporting standards

International Sustainability Standards Board issues first reporting standards

On 26 June 2023, The International Sustainability Standards Board (ISSB) issued its first two reporting standards, IFRS S1 and IFRS S2.