Corporate Law at Chad
If you're referring to Corporate Law in Chad (the country in Central Africa), here’s a concise overview:
Corporate Law in Chad
Chad's corporate legal framework is largely influenced by its membership in OHADA:
🔹 Legal Framework
OHADA Law (Organization for the Harmonization of Business Law in Africa):
Chad is a member of OHADA, which standardizes business laws across 17 African countries.
Uniform Act on Commercial Companies and Economic Interest Groups governs the formation, operation, and dissolution of companies.
Companies in Chad are generally structured as:
SARL (Société à Responsabilité Limitée) – Limited Liability Company
SA (Société Anonyme) – Public Limited Company
🔹 Business Registration
One-stop shop (Guichet Unique) simplifies the process.
Typically requires:
Company name reservation
Articles of Association
Proof of capital deposit
Registration with the Commercial Registry
Tax registration
🔹 Corporate Governance
Governance requirements depend on company type:
SARL: Flexible management structure
SA: Requires a board of directors and statutory auditors
🔹 Taxation
Corporate Income Tax (CIT) rate: ~35%
Other taxes include VAT, dividend withholding tax, and employer social contributions
🔹 Foreign Investment
Chad encourages foreign investment but retains regulatory oversight.
Foreign investors must comply with:
Investment Code of Chad
OHADA commercial laws
Sector-specific licensing (e.g., telecom, mining)
🔹 Dispute Resolution
OHADA provides access to Common Court of Justice and Arbitration (CCJA) based in Côte d'Ivoire
Local courts handle commercial disputes initially
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