Gabon is located on the shores of the Atlantic Ocean due to the borders with Cameroon, Equatorial Guinea, and Congo. Gabon has a population of about 2.2 million, while the capital Libreville has a population of about 700,000. Due to its oil reserves, Gabon is currently in the top 10 wealthiest countries in Africa. The influence of France, which has been there for years, is still felt in the country. A GDP growth in 2021 is forecast at around 3.6% in the non-oil sector.
Disclaimer: Be aware that this article is not a substitute for legal advice. Please always check official websites or seek legal advice before you take action.
How to register a sole proprietorship in Gabon
As we know, the significant influence of France is still felt in Gabon, so if you want to register your business and don't speak French, bring a translator with you. The registration process requires the following steps:
- Deposit the legally-required capital in a bank and obtain the deposit evidence (if requested)
- Verify and reserve the company name
- Obtain extracts of a criminal record of the company manager
- Deposit and acquire the company's Articles of Association (AOA) with the public notary
- Deposit documents with the Investment Promotion Agency (Agence de Promotion d'Investissement)
- Pay the required fees
- Publish the notice of company formation in a legal journal (l'Union ou Hebdo-informations).
- Notify the Ministry of Labor of the commences of operation.
The registration process must be initiated and completed in person. You don't have to be a Gabonese citizen to start a business. It is advisable to bring a person from the local area with you to help you with registration.