Step-by-Step Guide to Starting a Business in Burundi
Burundi encourages investment and entrepreneurship through a structured legal framework. The following steps guide both citizens and foreign investors in setting up a business in Burundi:
1. Choose a Legal Business Structure
Decide on the appropriate business form — most commonly a Société à Responsabilité Limitée (SARL) or Société Anonyme (SA). Sole proprietorships and partnerships are also options.
2. Reserve a Company Name
- Submit a name reservation request to the Burundi Investment Promotion Authority (API).
- Visit: www.investburundi.bi
- Duration: 1–2 days
3. Register the Company at the One-Stop Shop (API)
API offers a one-stop center for business registration.
- Documents: ID/passport, articles of association, lease agreement, and proof of capital.
- Services: Company registration, tax number, and social security registration in one place.
- Fee: Around BIF 40,000–100,000 depending on the type of business
- Duration: 3–5 business days
- Website: Burundi Investment Promotion Authority (API)
4. Open a Bank Account
Open a business account in a recognized bank. A minimum capital deposit may be required depending on the company type.
Duration: 1–3 days
5. Register for Tax and Obtain NIF
This is part of the API process, but may also be done at the Office Burundais des Recettes (OBR).
6. Register with the National Social Security Institute (INSS)
If you plan to hire employees, register with INSS for employee social protection.
7. Obtain Sector-Specific Licenses or Permits
Certain businesses (e.g., import/export, tourism, health services) require sector-specific permits from relevant ministries or agencies.
8. For Foreign Investors: Apply for an Investment Certificate
The Investment Certificate, issued by API, offers various fiscal and customs incentives.
Estimated Costs & Duration
- Business Registration Fees: BIF 40,000–100,000
- Time to Start Business: 7–14 working days on average
- Investment Certificate: Application is free; incentives vary by sector and investment amount
Useful Links
Disclaimer:
This guide is provided for informational purposes only. Business procedures and regulations may change. Always consult official government institutions or a licensed legal/business advisor for the most up-to-date and accurate guidance.