Doing Business with Burkina Faso

A comprehensive guide to doing business, exporting, investing, and manufacturing in Burkina Faso.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Burkinabè Investment Agency

Tel: +226 2537 4449
Email: info@investburkina.bf
Web: www.investburkina.com

null

La Direction Générale des Douanes (DGD)

Tel: +226 2532 4756/57/58
Email: dg.douanes.bf@cenatrin.bf
Web: www.douanes.bf

National Chamber of Commerce

Chamber of Commerce and Industry of Burkina Faso

Tel: +226 2530 6114/15
Email: info@cci.bf
Web: www.cci.bf

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Economy, Finance and Planning

Tel: ++226 2532 4211
Web: www.finances.gov.bf

  • Type of Government: Semi-Presidential Republic
  • Population: Approximately 22 million
  • GDP: Around $19 billion USD
  • Corporate Tax Rate: 27.5%
  • Personal Income Tax Rate: Progressive, up to 27.5%
  • Major Exports: Gold, cotton, livestock
  • Major Imports: Machinery, food products, petroleum products

 

Exporting to Burkina Faso involves several steps to ensure compliance with local regulations. Here’s a detailed guide:

  1. Conduct Market Research

    • Analyze demand for your product in Burkina Faso.
    • Identify potential competitors and market entry strategies.
  2. Verify Product Compliance

    • Ensure your product meets Burkina Faso’s standards and regulations.
    • Contact the Burkina Faso Chamber of Commerce for guidance.
  3. Understand Tariffs and Taxes

    • Check applicable import duties and taxes for your goods.
  4. Arrange Logistics and Shipping

    • Choose a reliable shipping company familiar with West African logistics.
    • Ensure all shipping documents are accurately completed.
  5. Prepare Documentation

    • Include commercial invoices, packing lists, certificates of origin, and any necessary permits.
    • Verify compliance with Burkina Faso customs requirements.
  6. Customs Clearance

    • Work with a customs broker to facilitate the clearance process.
    • Pay any duties and taxes required for the import.
  7. Distribution and Sales

    • Establish distribution channels within Burkina Faso.
    • Consider partnerships with local businesses for effective market penetration.

Key Contacts

  • Burkina Faso Chamber of Commerce

Importing goods into Burkina Faso involves several steps to ensure compliance with local regulations. Here’s a detailed guide:

  1. Register Your Business

    • Ensure your business is registered and obtain a tax identification number.
  2. Verify Import Regulations

    • Familiarize yourself with Burkina Faso’s import regulations.
    • Contact the Burkina Faso Chamber of Commerce for guidance.
    • Burkina Faso Chamber of Commerce
  3. Classify Your Goods

    • Use the Harmonized System (HS) codes to classify your goods accurately.
  4. Check Tariffs and Taxes

    • Identify applicable import duties and taxes for your goods.
  5. Obtain Necessary Licenses and Permits

    • Determine if special licenses or permits are needed for your goods.
    • Apply through relevant Burkina Faso authorities if required.
  6. Arrange Logistics and Shipping

    • Select a reputable shipping company.
    • Ensure all shipping documents are accurately completed.
  7. Prepare Import Documentation

    • Include commercial invoices, packing lists, and certificates of origin.
    • Ensure compliance with Burkina Faso customs requirements.
  8. Customs Clearance

    • Work with a customs broker to facilitate the clearance process.
    • Pay any duties and taxes required for the import.
  9. Receive and Distribute Goods

    • Arrange for the delivery and distribution of goods upon clearance.
    • Set up local partnerships if needed.

Key Contacts

  • Burkina Faso Chamber of Commerce

Incorporating a company in Burkina Faso involves several key steps. Here’s a detailed guide:

  1. Choose a Business Structure

    • Decide on the type of company (e.g., limited liability company).
  2. Register a Company Name

    • Check the availability of your desired company name.
    • Reserve the name with the Burkina Faso Business Formalities Center (CEFORE).
  3. Prepare Incorporation Documents

    • Draft the Articles of Association.
    • Include details of shareholders, directors, and company address.
  4. Open a Bank Account

    • Open a corporate bank account in Burkina Faso.
    • Deposit the minimum share capital required.
  5. Submit Incorporation Application

    • File the application with CEFORE.
    • Include necessary documents and identification.
  6. Pay Registration Fees

    • Fees vary depending on the company type; check with CEFORE for specifics.
  7. Register for Taxation

    • Register for taxes with the Burkina Faso tax authorities.
  8. Obtain Necessary Licenses

    • Apply for any industry-specific licenses if required.

Costs

  • Registration Fees: Vary based on company structure and requirements.
  • Legal Fees: Vary based on legal assistance required.

Key Contacts

  • Burkina Faso Business Formalities Center (CEFORE)

 

 

 

 

Setting up a manufacturing plant in Burkina Faso involves several steps. Here’s a detailed guide:

  1. Conduct Market Research

    • Analyze local demand and industry trends.
    • Evaluate potential competitors and supply chain logistics.
  2. Choose a Suitable Location

    • Identify industrial zones with necessary infrastructure.
    • Contact local municipalities for available sites and incentives.
  3. Register Your Business

    • Incorporate your company with the Burkina Faso Business Formalities Center (CEFORE).
  4. Obtain Necessary Permits

    • Apply for construction and environmental permits.
    • Contact the Ministry of Environment for specific requirements.
  5. Secure Financing

    • Explore funding options through local banks or investment agencies.
    • Consider government incentives for manufacturing.
  6. Design and Construct the Facility

    • Hire local architects and contractors familiar with regulations.
    • Ensure compliance with building codes and safety standards.
  7. Install Equipment and Machinery

    • Import necessary machinery, ensuring compliance with local regulations.
    • Coordinate with customs for smooth importation.
  8. Recruit and Train Staff

    • Hire local talent and provide necessary training.
    • Contact the Ministry of Labor for assistance with labor laws.
  9. Register for Taxation

    • Ensure your business is registered for applicable taxes with the tax authorities.
  10. Begin Operations

    • Ensure all systems are in place and test the production line.
    • Implement quality control measures.

Registering a trademark in Burkina Faso involves several steps to ensure legal protection. Here’s a detailed guide:

  1. Conduct a Trademark Search

    • Check if your trademark is available and not already registered.
    • Use the African Intellectual Property Organization (OAPI) database.
  2. Prepare Your Application

    • Gather necessary information: trademark representation, goods/services classification, and applicant details.
  3. Submit Your Application

    • File the application with the OAPI, which handles trademark registrations for Burkina Faso.
    • Ensure all documents are complete and accurate.
  4. Pay the Application Fee

    • The fee varies; check with OAPI for specific costs.
  5. Examination Process

    • The office reviews the application for compliance and potential conflicts.
    • Respond to any objections or requests for additional information.
  6. Publication and Opposition

    • If approved, the trademark is published for opposition.
    • There is a period for third parties to oppose the registration.
  7. Registration and Certification

    • If no oppositions arise, the trademark is registered.
    • Receive a certificate of registration.
  8. Maintain and Renew the Trademark

    • Trademarks are valid for ten years and can be renewed indefinitely.
    • Submit renewal applications before expiry to maintain protection.

Costs

  • Application Fee: Varies depending on the specifics of the trademark and classes involved. Check with OAPI for details.

Key Contacts

  • African Intellectual Property Organization (OAPI)

Resolving commercial disputes in Burkina Faso involves several steps and options. Here’s a guide on the process:

  1. Attempt Negotiation

    • Start by negotiating directly with the other party to find an amicable solution.
  2. Mediation

    • Engage a neutral third-party mediator to facilitate discussions.
  3. Arbitration

    • Consider arbitration as an alternative to court litigation.
    • The Arbitration Center of the Ouagadougou Chamber of Commerce can assist.
  4. Seek Legal Advice

    • Consult with a lawyer specializing in commercial law for guidance on your case.
  5. File a Lawsuit

    • If other methods fail, file a lawsuit in the Burkina Faso Commercial Court.
    • Court fees vary; consult with the court for specific details.
  6. Court Proceedings

    • Prepare for the legal process, which includes hearings and presenting evidence.
  7. Judgment and Enforcement

    • If a judgment is made, ensure its enforcement through legal channels.

Costs

  • Mediation and Arbitration Fees: Vary depending on the service provider.
  • Court Filing Fees: Dependent on the case type and court; consult the court for specifics.
  • Legal Fees: Vary based on the lawyer and complexity of the case.

Key Contacts

  • Ouagadougou Chamber of Commerce

When considering doing business in Burkina Faso, it’s important to understand various factors that can influence operations. Here’s an overview of social, cultural, political, and economic aspects:

Social and Cultural Factors

  • Language and Communication
    • The official language is French, and it is widely used in business.
    • Building personal relationships and trust is crucial for successful business dealings.
  • Business Etiquette
    • Formality and respect are important in meetings.
    • Initial meetings often focus on establishing trust rather than detailed negotiations.

Political Environment

  • Government Structure
    • Burkina Faso is a semi-presidential republic.
    • The political environment has been marked by periods of instability, so staying informed is important.
  • Regulatory Environment
    • Business regulations are evolving, with efforts to attract foreign investment.

Economic and Foreign Exchange Factors

  • Currency
    • The currency is the West African CFA franc (XOF), which is pegged to the Euro.
    • This provides a stable foreign exchange rate.
  • Investment Incentives
    • The government offers incentives for foreign investment, particularly in sectors like agriculture and mining.

Rule of Law

  • Legal System
    • Based on civil law, providing a framework for legal proceedings.
    • Contracts and property rights have some legal protection, but enforcement can be challenging.
  • Property Rights
    • Protected by law, though navigating bureaucracy can be complex.

Infrastructure

  • Transportation and Logistics
    • Developing road and rail networks are crucial for trade.
    • Telecommunications infrastructure is improving, supporting business operations.

Key URLs

  • Ouagadougou Chamber of Commerce: cci.bf

Our Members Include Leading Organizations in Burkina Faso

Ask our Experts on Doing Business in/with Burkina Faso

If you’re looking to do business or invest in Burkina Faso, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.