When considering investment destinations in East Africa and the Indian Ocean, Madagascar and Kenya offer contrasting landscapes. While Kenya is a well-established regional hub, Madagascar presents a frontier market with vast untapped potential. This article provides an overview for business investors to weigh the pros and cons of each. Geographical Overview Kenya Situated on the East African...
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...
Running a business in Madagascar involves understanding and complying with a set of tax and legal obligations. These include income and value-added taxes, social security contributions, and specific declarations required by the fiscal and labour administration. Below is an overview of the key elements that new companies need to anticipate and prepare for. This article is divided into 3 distinct...
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...
Protecting your business identity is crucial for success in any market, and Madagascar is no exception. Whether you’re establishing a new company in Madagascar or safeguarding your existing brand, understanding the process of registration with the Office Malgache de la Propriété Industrielle (OMAPI) is essential. OMAPI is the Malagasy organization responsible for...
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...
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...