Doing Business with São Tomé and Príncipe

Exporting goods to São Tomé and Príncipe involves several key steps. Here’s a comprehensive guide:

1. Research Market Requirements

   • Understand the import regulations and product standards of the islands.

2. Classify Your Goods

   • Determine the correct Harmonized System (HS) code for tariff details.

3. Logistics and Customs

   • Choose a freight forwarder experienced in West African island logistics. Pay applicable duties and taxes via the Customs Directorate.

Key Contacts

• Customs Directorate: Aduanas Website

Importing goods from the islands requires coordination with local agricultural and trade authorities.

1. Obtain Necessary Licenses

   • Determine if your products (e.g., organic cocoa) require special export permits.

2. Customs Declaration

   • File a declaration with the Customs Directorate of São Tomé and Príncipe.

Incorporating a company has been streamlined through the **Guiché Único para Empresas**:

1. Choose a Business Structure

   • Decide on the type of company (e.g., Sociedade por Quotas – Lda).

2. Register with the Commercial Registry

   • File documents and obtain your Tax Identification Number (NIF).

3. Open a Bank Account

   • Open a corporate account to deposit initial capital as required by law.

Key Contacts

• APCI (Investment Agency): APCI Website

Setting up manufacturing offers access to European markets through preferential trade agreements:

1. Choose a Suitable Location

   • Identify areas with proximity to the Port of São Tomé or industrial zones.

2. Obtain Operating Licenses

   • Apply for industry-specific permits and environmental clearances.

Protecting intellectual property is managed locally through the National Property Office:

1. Trademark Search

   • Ensure your mark is unique by searching existing trademarks in the registry.

2. Filing and Publication

   • Submit design and classification. If approved, it is published for opposition. Registration is valid for **10 years**.

1. Language and Culture

• **Portuguese** is the official language. Building personal relationships is vital for successful business dealings.

2. Economic Stability

• The official currency is the **Dobra (STN)**, which is pegged to the Euro, providing significant exchange rate stability.