Starting a business in Comoros: foreigner's guide (2026)

The 2020 Investment Code allows foreign entities to hold up to 100% equity in most sectors; restrictions may apply in sectors deemed strategic. No mandatory local partner or resident director is required.

ANPI operates a Guichet Unique in Moroni with island branches, serving as the single contact point for all administrative, legal, and commercial registration procedures. By law, a complete investment-approval decision must be issued within 30 days of a full application.

The minimum share capital for a SARL (société à responsabilité limitée) is KMF 750,000 (approximately USD 1,670). Access to the Privileged Regime incentives under the Investment Code requires a minimum foreign investment of KMF 25 million (approximately USD 50,000).

The World Bank's last Doing Business profile recorded approximately 5 procedures and 16 days to complete standard company registration. Full investment approval under the Privileged Regime must be issued within 30 days. A physical registered office address within the Union of Comoros is mandatory.

Core steps include: (1) name reservation, (2) notarization of articles of association, (3) deposit at the Ministry of Finance/public registry, (4) registration with ANPI Guichet Unique, and (5) tax and statistical enrollment. KYC documentation is required at the ANPI stage.

Investments qualifying under the Privileged Regime receive temporary exemption from a range of taxes and import duties for up to three years (covering construction and equipment). The 2020 Code guarantees the right to repatriate profits and capital after settlement of applicable taxes.