Comoros
Capital: Moroni.
Official languages: Arabic, French.
Currency: Comorian franc.
Company registration provides the following benefits:
- There are no mandatory office requirements.
- Favorable taxation.
- Registration of companies is completed within a short period of time.
- No authorized capital required.
- Audits and reports are not required on an annual basis.
Anjouan is one of the islands in the Comoros archipelago, located in the Indian Ocean. Obtaining a business license, as well as a gambling license, is particularly easy in Anjouan due to a number of factors.
Unlike some other jurisdictions, Anjouan does not have strict requirements for local offices or employees. This makes this jurisdiction especially attractive for entrepreneurs, as it significantly reduces costs when starting a business.
Features of taxation and reporting
In Anjouan it is also possible to obtain a tax residence certificate if certain conditions are met.
- In Anjouan it is also possible to obtain a tax residence certificate if certain conditions are met.
- There is no corporate income tax. The profits, income, and capital of Anjouan LLC companies are fully exempt from corporate taxes.
- There are no VAT requirements. Anjouan has no value added taxes or sales taxes.
- There are no mandatory auditing, accounting or reporting requirements for LLCs.
Company registration
Time frame for company registration: 1-2 days.
Most often, to register a small business in Anjouan, enterprises choose a limited liability company (Limited Liability Company, LLC). An LLC can be created by at least one founder, who can be an individual or a legal entity.
Preparation of legal documents for submission to the state registration authorities is the first step in registration.
To register a company remotely, you will need to provide the following information:
- Choosing a company name: three options are required.
- Scanned copies of passports of beneficial owners and directors. If the documents are not in English, then an official translation is needed.
- Company Charter (Memorandum of Association).
- Company Regulations (Articles of Association).
A quick guide to registering a company in Anjouan:
You can register an LLC in Anjouan quickly by contacting IT-OFFSHORE. Our services cost includes:
- Preparation of documents (collection, filling, notarization, etc.).
- Company registration.
- Payment of all government fees.
- Registration agent services for 1 year with extension possibility.
- Translation services.
- Delivery of registration documents to any address.
The bottom line
The Comoros Islands offer a favorable environment for starting a business with moderate regulations. However, when choosing a jurisdiction for a company, it is necessary to take into account not only current legislation, but also possible changes in the future. We recommend consulting with IT-OFFSHORE lawyers to avoid possible legal consequences and ensure compliance with laws.
Our company offers comprehensive support for the company at all stages - from registration to full support of its activities. Besides helping you register a company legally, we also handle a variety of other administrative tasks.
In particular, our scope of services includes maintaining accounting and tax records, providing nominee directors and shareholders, leasing a legal address, and obtaining all necessary licenses and permits for the company. We actually ensure the full operation of the business in accordance with a particular jurisdiction's laws.
