10 steps to incorporating in Guinea-Bissau in 2022

1. Prior to incorporating a company in Guinea-Bissau, Bejarano ADF Consultants expects Clients to i) settle the engagement fee ii) sign and return the Client engagement agreement letter and iii) provide all the required due diligence documents;
2. Bejarano ADF Consultants drafts a detailed company engagement project plan mapping out the entire incorporation process in order to optimize transparency and to set the Client’s expectations towards the engagement completion;
3. Bejarano ADF Consultants Guinea-Bissau Incorporation Team conducts a company name search and reserves the desired company name with Enterprise Drawing Centre (CFE) to verify the uniqueness of the proposed company name;
4. Bejarano ADF Consultants International Banking Team i) presents a notarized copy clearance certificate of company name to the approved bank ii) opens a temporary corporate bank account and iii) deposit the legally required minimum share capital and obtains receipt of deposit;
5. Bejarano ADF Consultants’ Guinea-Bissau Incorporation Team submits to the Ministry of Justice i) all the company statutes ii) the name reservation certificate iii) evidence of share capital deposit and iv) shareholder due diligence documents and obtains the public deed;
6. Subsequently Bejarano ADF Consultants’ Incorporation Team presents the public deed and obtains a certificate of registration from the Enterprise Drawing Centre (CFE);
7. Following the company registration, Bejarano ADF Consultants’ Guinea-Bissau Incorporation Team registers the company for tax with the Directorate-General of Taxes and Duties (DGCI) department at the CFE and obtains a tax identification number (NIF);
8. Bejarano ADF Consultants’ Guinea-Bissau Incorporation Team then proceeds to i) pay all the necessary fees with the cashier at the one-stop shop CFE ii) provides the bank with the tax identification number (NIF) so as to activate the corporate bank account
9. Next, Bejarano ADF Consultants’ Incorporation Team registers the new company i) as an employer at the Public Service Office of the Ministry of Labour, and ii) for social security with the National Institute of Social Providence (INSS);
10. Following successful incorporation of the Guinea-Bissau company, Bejarano ADF Consultants will courier, to our Client’s preferred international address, the complete company kit including i) original incorporation documents ii) an unopened bank correspondence and iii) Client engagement feedback survey.