To set up a mining business in Madagascar, the new Mining Code (Loi n° 2023- 007) outlines a descriptive process involving various permits, obligations, and administrative bodies. The main goal of the new code is to strengthen the role of the state and Decentralized Territorial Collectivities (CTD), and ensure sustainable management of natural resources, including valuing minerals while preserving the...
Gérer une entreprise à Madagascar implique de comprendre et de respecter un ensemble d'obligations fiscales et juridiques. Celles-ci comprennent les impôts sur le revenu et la valeur ajoutée, les cotisations sociales, ainsi que des déclarations spécifiques exigées par l'administration fiscale et du travail. Vous trouverez ci-dessous un aperçu des éléments clés que les nouvelles entreprises doivent anticiper et préparer. Cet article est divisé en 3 parties distinctes...
Looking for a job abroad is no small feat—especially in a country as unique as Madagascar. But with the right tools, mindset, and a bit of initiative, building a professional life here is entirely possible—and often deeply rewarding. To provide grounded insight, we spoke with two expats about how they found their jobs, the challenges they faced, and the advice they would give to anyone considering...
Choosing the right bank in Madagascar is crucial for both individuals and businesses, given the varying levels of service, accessibility, and reliability among banks operating in the country. It’s also important to note that for entrepreneurs in Madagascar, opening a bank account is mandatory for any taxpayer generating revenue exceeding Ar 50,000,000 per annum, as per current fiscal...
There are many great business ideas in Madagascar that investors can take advantage of, however, certain business industries are subject to strict regulations, requiring permits or licenses from relevant ministries. Some permits must be secured before a company is established, while others are needed post-incorporation. This article provides an overview of the relevant activities...
Fianarantsoa is often perceived as an old and quiet town, mainly a stopover on the famous RN7 route. However, a closer look at Fianarantsoa will reveal that it is much more than just a transit point to the south of Madagascar. This historical city, known for its relaxed atmosphere, is also famous for its wine, tea, and rich cultural heritage. While it doesn’t have a thriving festival...
In Madagascar, companies have a legal and social responsibility to contribute to the well-being of their employees through various obligations, including social protection, health coverage, and professional development. Some of the contributions are deducted from the gross salary up to a capped amount, determined based on the minimum wage in Madagascar. Understanding these obligations is...
Madagascar, often celebrated for its unique biodiversity and vibrant culture, has also emerged as an attractive destination for foreign investors. From a supportive legal framework to diverse investment sectors, Madagascar provides a fertile ground for growth. This article explores the factors that make Madagascar a popular choice among foreign investors, particularly highlighting its...
Daily life in Majunga Climate Majunga has a tropical climate with hot, humid summers and mild, dry winters. The rainy season typically lasts from December to March, so it’s good to prepare for potential cyclones during this time. Roads inside and outside town might be flooded. The rest of the year is generally sunny and ideal for outdoor activities. Community and Expat...
If you’re considering a move to Madagascar as an expat, or if you’re already living in the country, you may be wondering about your potential tax obligations. While there is no special tax regime for expatriates, taxes are applied based on residency status and the nature of the income or business activity. Understanding these rules is crucial to ensure compliance and avoid unexpected...