• Address: 21 Rue Henry Razanatseheno, Antananarivo
  • Email Address: Contact@madagascarinvest.com

Madagascar Invest

Madagascar Company Creation

At Madagascar Invest, we’re experts at setting up companies in Madagascar. We’ve done it dozens of times, and we’ve got the process down to a T.
So if you’re ready to set up a company in Madagascar, you have come to the right place.

Why open a company in Madagascar?

  • Easy, fast and affordable incorporation
  • Incredible investment opportunities available
  • Simple tax system with a low corporate tax rate of 20%
  • Opening a company will allow you to apply for residency in Madagascar

Ready to open a company in Madagascar? Leave us your contact details and we will get back to you the soonest!


Real Estate



How to open a company in Madagascar

Opening a company in Madagascar is easy and can be accomplished in 4 simple steps.

Start your application

Fill out the form above to start your application today.

Sign the paperwork

One of our representatives will be in touch with you (usually within 24 hours) and send you the necessary paperwork.

Pay the necessary fees

You will then be required to pay all the necessary government fees and processing fees.

We file your application

We submit your application to the Economic Development Board of Madagascar and notify you when your company is ready.

Documents required to open a company in Madagascar

  • Copy of applicants passport (provided by you)
  • Statutes of the company (provided by us)
  • Company office rental contract (provided by us)
  • ID Card of local representative (provided by us)

All you have to do is provide us with your passport, sign a few additional papers and we take care of the rest!

Documents required to open a company in Madagascar

Let us set up your company in Madagascar

Ongoing Annual Cost:
This price includes:

  • A local company headquarter in Madagascar (required by law)
  • A local representative in Madagascar (required by law)
  • Payment of all necessary fees to the government of Madagascar

Setup time: 1 month maximum

Corporate Bank Account opening is not included, but can be included optionally

Open your company today – we take care of everything for you!

Open Company Now

Facts about Madagascar Company Setup

  • Madagascar companies can be fully owned by foreigners.
  • A company can be set up remotely – no need to travel
  • Minimum investment/minimum paid up share capital: US$1.
  • A company in Madagascar is not required to have a corporate bank account
  • A Madagascar company must file an annual tax return (we take care of this for you).
  • A company must have a local representative who resides in Madagascar (we provide this for you)
  • The corporate tax rate in Madagascar is 20%

Requirements of a Madagascar company

There are certain requirements that all companies in Madagascar must live up to. This includes having a local address. All companies registered in Madagascar must have an address here.

In addition, a Madagascar company is required to have a local representative who resides in Madagascar. This is considered a formality, but is a requirement that the company must live up to.

At Madagascar Invest, we provide your company with a business address as well as a local representative as part of our company creation service. So you don’t have to worry about a thing.

Alternatively, if you already have an address in Madagascar and a local representative, then you’re more than welcome to use those in your company.

Are Madagascar companies required to file taxes?

Yes, Madagascar companies are required to file annual taxes. If your company is dormant (without any economic activity) you must pay a small annual fee to the government to keep your company active.

But don’t worry, once again, Madagascar Invest takes care of all those details for you!

Different company types in Madagascar

There are 5 different company types available in Madagascar

  • Limited Liability Company (LLC) – French: Société a responsabilité limitée (SARL) – Recommended
  • Public Limited Company (PLC) – French: Societe Anonyme (SA)
  • Free Zone Company (EPZ Company)
  • Local Branch – French: Succursale
  • Representative Office – French: Bureau de representation

Benefits of setting up a company

in Madagascar

Why set up a company in Madagascar?

Everyone has his own reasons for wanting to create a company in Madagascar, but here are some of the most obvious benefits you will enjoy:

Madagascar presents great business opportunities

Madagascar is an emerging frontier economy with enormous potential for growth. Several business sectors in Madagascar remain underdeveloped and totally available for foreign investment.


Madagascar expects to welcome 600,000 tourists per year by 2030 and will need 30,000 new accommodations in order to welcome so many visitors. So there are obvious opportunities for business in the Malagasy tourism industry.


The manufacturing industry is booming in Madagascar. The textile industry is one area that is especially interesting due to the amazing textiles being produced here and the low cost of labor.


Growing and processing food for sale on the local market or for international export is a sector with immense opportunities. Madagascar boasts millions of hectares of unexploited farmland that foreign investors can develop.

Real Estate

Houses are shooting up in Madagascar no matter where you turn. This real estate boom is caused by the rapid expansion of the middle class in Madagascar. A large segment of people with a higher income are demanding quality housing at an unprecedented rate, and this will continue to drive the Malagasy real estate market up for many years to come.


Due to the presence of precious metals, stones, rare earth deposits and enormous reserves of common metals such as nickel and copper, Madagascar provides incredible opportunities within the mining industry. These opportunities remain largely unexploited up until now.


Madagascar boasts a large variety of amazing and unique products that you can export to the world: from vanilla to beans or handmade items in precious wood, Madagascar has so much to offer. On the other hand, there are also plenty of common items that Madagascar doesn’t have, which you could import to the island from overseas.

Opening a company gives you access to Madagascar Residency

Opening a company will allow you to apply for residency in Madagascar.

Using the Residency by Investment option, you can apply for a residence permit after opening your Madagascar company.

Opening a company is a fast and convenient way of obtaining residency in Madagascar

Here at Madagascar Invest, we can help you obtain residency by investment. It’s simple and easy to do. We invite you to click here and learn more about your options today.

Get Residency by Investment

A company can own property in Madagascar

Do you want to buy a property on our great island? Then we strongly recommend that you open a company in Madagascar. Opening a company will allow you to buy and hold properties through your legal entity.

Madagascar companies are allowed to own property. This gives you a more long-term option than the typical 99-year lease that is reserved for foreign real estate buyers in Madagascar.

Setting up a company is fast

To open up for foreign investors, the government of Madagascar has made recent improvements to the company registration procedures, making it faster than ever to open a company in Madagascar.

By partnering up with Madagascar Invest, we can have your company up and running in 1 month maximum.

Company creation in Madagascar:

Who is it for?

There are many different types of people who can benefit from opening a company in Madagascar:

  • People who want to do business in Madagascar
  • People who want to export products from Madagascar
  • People who want to import products to Madagascar
  • People who want to purchase a property or a house in Madagascar
  • People who want to settle permanently or temporarily in Madagascar
  • People who want access to unrestricted travel in Madagascar
  • People who work as digital nomads

Company Bank Account Opening

After setting up your company, you may want to open up a business bank account.

Bank account opening isn’t part of our company creation package by default, because having a corporate bank account is not a requirement in Madagascar.

But if you want to open a business bank account after setting up your company in Madagascar, we can certainly help you with that.

We have assisted dozens of businesses with bank account opening in Madagascar, and we would be happy to help you with the same.

Learn more

Let us help you incorporate in Madagascar

If you create your company through Madagascar Invest, we will take care of all company registration formalities on your behalf, so you don’t have to worry about a thing.

So if you want to open a Madagascar company fast and with zero hassles, you have come to the right place. We take care of everything, and ensure that your company creation goes smoothly.

Madagascar Invest provides registered office facilities in-country. We also take care of the annual tax filing on behalf of your company. Basically, you don’t have to lift a finger if you don’t want to.

Open Company Now

Who are we?

Madagascar Invest is a private consulting company and investment firm focusing entirely on business and investment opportunities in Madagascar.

Our team is comprised of both local and foreign Real estate experts, legal advisors, business consultants

Due to our broad range of expertise, we are able to offer you a holistic approach to your investment and business journey in Madagascar.

We will give you all the information and guidance you need to make successful investments on the great island.

Madagascar Invest

Meet the team

Our diverse team of experts has knowledge and experience in all areas surrounding business and investment in Madagascar. We have boots on the ground. Unlike many other foreign investment advisors, we’re actually located in Madagascar where we practice what we preach.
Every single day, we’re working for our clients: closing real estate deals, opening up new companies, bank accounts and helping people obtain residency in Madagascar. If you need our help, we encourage you to get in touch now.
Contact us

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FAQ about Company Creation in Madagascar

How do I set up a company in Madagascar?

To open a company in Madagascar, you must gather all the necessary documents and submit them to the Economic Development Board of Madagascar (EDBM).

The necessary documents include:

  • A shareholder agreement (also known as company statutes)
  • Company headquarters rental contract
  • Photocopy of company owners passport
  • ID papers of the local company representative
  • And more

For people who are not used to dealing with complicated and bureaucratic procedures in developing countries, opening a company in Madagascar may appear difficult.

Fortunately, you are not alone – Madagascar Invest is here to help you with all the procedures.

  • Contact us now to start setting up your company today!

What do I need to start a company in Madagascar?

You don’t need much. Anyone can start a company in Madagascar. The only thing we need from you us a photocopy of your passport and to sign a few documents. That’s pretty much all it takes.

How long does it take to register a company in Madagascar?

Opening a company in Madagascar used to be a long and complicated process. But since reforming the company registration procedures in the name of economic development, the government of Madagascar has made it incredibly fast and efficient to open a company in Madagascar. Within 1 month, your Madagascar company will be ready for use.

Must I travel to Madagascar to open a company there?

No, you can create a company in Madagascar even without leaving your home country. It’s easy. You send us a few papers, and we take care of everything from here.

What is the minimum share capital of a Madagascar company?

The minimum share capital of a company in Madagascar is just US$1, making it very affordable to set up a company in Madagascar.

What documents are needed to create a company in Madagascar?

There is a whole host of documents needed to create a Madagascar company, but most of them will be provided by us. During the application process, we will send you some papers and request you to put on your signature and send it back to us. The only paper we really need from you is a photocopy of your passport. That’s all it takes to register a company in Madagascar!

Why open a company in Madagascar?

There are many reasons to open a company in Madagascar. These include: incredible business opportunities, low taxes, low costs in general, ability to purchase property through your company, ability to obtain residency and much more. We believe that you will see many benefits from opening a company in Madagascar.

Can I have a virtual office for my company in Madagascar?

Yes. Through Madagascar Invest, you can have a virtual office in Madagascar.

As part of the virtual office service, your company will have a physical business address located on the premises of Madagascar Invest.

We will receive and scan all your incoming mail, answer phone calls, and whatever else you may require.

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