Doing Business with Comoros

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

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

ANPI - Agence Nationale de Promotion des Investissements

ANPI Comoros logo

Tel: +269 773 84 91
Email: [email protected]
Web: www.investcomoros.net

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Comoros Customs and Indirect Taxation Directorate

Comoros Customs seal

Tel: +269 773 18 89
Email: [email protected]
Web: www.douane.gov.km

National Chamber of Commerce

UCCIA Union des Chambres de Commerce des Comores

UCCIA Comoros logo

Tel: +269 324 95 00
Email: [email protected]

Ministry of Economy Information

Ministère des Finances, du Budget et du Secteur Bancaire

Comoros Ministry of Finance logo

Phone: +269 387 48 51
Email: [email protected]
Web: www.finances.gouv.km

  • Type of Government: Federal Republic
  • Population: Approximately 900,000
  • GDP: Around $1.2 billion USD
  • Corporate Tax Rate: 50%
  • Personal Income Tax Rate: Progressive, up to 30%
  • Major Exports: Vanilla, cloves, ylang-ylang
  • Major Imports: Rice, petroleum products, consumer goods

Exporting to Comoros involves several steps to ensure compliance with local trade regulations:

  1. Conduct Market Research

    • Identify demand for your product in Comoros and understand the competitive landscape.
  2. Verify Product Compliance

    • Ensure your product meets Comorian standards and obtain required certifications.
  3. Logistics and Customs Clearance

    • Coordinate with a shipping provider experienced in African island logistics. Pay applicable duties via the Customs Directorate.

Key Contacts

Importing goods into Comoros requires adhering to strict inspection and valuation protocols.

  1. Register Your Business

    • Ensure your business is legally registered with Comorian authorities and obtain a tax ID.
  2. Classify Your Goods

    • Use the correct Harmonized System (HS) codes for accurate duty assessment.

Incorporating a company in Comoros involves legal registration via the Commercial Registry and **ANPI**:

  1. Choose a Business Structure

    • Decide on the type (e.g., LLC or Corporation).
  2. Documentation and Notarization

    • Draft Articles of Incorporation and have them notarized locally.
  3. Tax Registration

    • Register for a Tax Identification Number and enroll for social security benefits.

Key Contacts

Setting up manufacturing in Comoros offers opportunities in agribusiness and renewable energy:

  1. Choose a Suitable Location

    • Identify industrial zones or proximity to resource hubs like the agricultural regions of Grande Comore or Anjouan.
  2. Obtain Operating Licenses

    • Apply for industry-specific permits from the Ministry of Economy.

Protecting intellectual property is handled through the Intellectual Property Office:

  1. Trademark Search

    • Check availability to avoid conflicts with existing marks.
  2. Filing Application

    • Submit applicant details and design classification. Protection is generally valid for **10 years**.

1. Language and Culture

  • Official languages are **Comorian, Arabic, and French**. Building trust through personal interactions is vital.

2. Economic Factors

  • The official currency is the **Comorian Franc (KMF)**. Logistics can be impacted by the island geography.

Our Members Include Leading Organizations in Comoros

Ask our Experts on Doing Business in/with Comoros

If you’re looking to do business or invest in Comoros, 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.