Doing Business with Equatorial Guinea

Exporting to Equatorial Guinea involves several steps. Here’s a comprehensive guide:

1. Conduct Market Research

   • Identify demand for your product in Equatorial Guinea.
   • Understand local consumer preferences and competition.

2. Verify Export Regulations

   • Ensure compliance with international export standards and Equatorial Guinea’s import requirements.
   • Check for specific product certifications needed.

3. Prepare Export Documentation

   • Include commercial invoices, packing lists, and certificates of origin.
   • Ensure documents meet Customs Directorate requirements.

Key Contacts

• Ministry of Trade: Trade Website
• Customs Authority: Customs Website

Importing goods requires adherence to local tax and customs regulations:

1. Importer’s Registration

   • Register your business with the Ministry of Trade and Promotion of Small and Medium Enterprises.

2. Customs Clearance

   • Submit all documentation to the Customs Authority and pay applicable duties.

Incorporating a company involves several legal steps:

1. Choose a Company Type

   • Decide on the type of company (e.g., LLC, corporation).

2. Reserve a Company Name

   • Reserve a unique name with the Commercial Registry.

3. Obtain Tax ID (TIN)

   • Register with the tax authorities and the National Social Security Fund.

Key Contacts

• National Social Security Fund: INSSGE Website

Setting up a manufacturing plant provides access to regional African markets:

1. Choose a Suitable Location

   • Identify industrial zones with necessary infrastructure (e.g., Bata or Malabo).

2. Obtain Permits

   • Apply for industry-specific licenses and environmental impact assessments.

1. Language and Culture

• Language: The official language is **Spanish**. Building personal relationships and trust is crucial for success.

2. Economic Factors

• Currency: The official currency is the **Central African CFA franc (XAF)**. It is pegged to the Euro, which provides exchange rate stability.