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No.ProcedureTime to CompleteAssociated Costs HTG Cost US Amount
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1Prepare the company statutes ( Articles and Memorandum of Association) 10included in the notary fees HTG 30,000.00 $ 447.00
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Agency: Lawyer 
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The lawyer charges approximately HTG 30,000 for the drafting of the company statutes in the case of a Société Anonyme. Prices can vary depending on the notary.
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2Notarize the company deeds and articles of association 7HTG 15,000 - HTG 25,000 HTG 25,000.00 $ 372.50
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Agency: Notary 
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The notary public must handwrite and notarize the documents at a fee of between 15,000 and 25,000 depending on the complexity of the service. 
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3Deposit the legally required initial capital in the National Bank and obtain deposit evidence 1no charge HTG 100,000.00 $ 1,490.00
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Agency: National Bank 
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The notary deposits the legally required initial capital in the National Bank (Banque Nationale de Credit) and obtains proof of deposit. A certified check need to be used to pay in the National Bank, where proof of payment is provided.
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4Register the statutes with the Direction Générale des Impôts (DGI) 1included in the notary fees $ -
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Agency: Direction Générale des Impôts (DGI) 
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The notary pays the registration fees at the Tax Office (DGI) and proof of payment is obtained.
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5Registration with the Commercial Registry at the Ministry of Commerce and Industry and obtain the authorization of operations (Droit de fonctionnement) 78HTG 1,500 for registration + HTG 250 (frais de dossier) + HTG 25 (vignette bleue) + HTG 20,000 for publication in Le Moniteur (10-25 pages) HTG 21,775.00 $ 324.45
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Agency: Ministry of Commerce and Industry and Le Moniteur (Journal Officiel) 
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Lawyer submits the dossier for registration at the Ministry of Commerce and a request for the ‘avis de fonctionnement’.
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When the Ministry of Commerce has processed the application and registered the company, it forwards the file to the Moniteur for publication.
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Firms can begin operations before the publication, as soon as they receive authorization from the Ministry of Commerce. 
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Since May 2009, the company’s articles of incorporation do not need to be approved by the Prime Minister’s office and the Presidency before they can be published in the Official Journal. This process takes about 60 days.
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The cost depends on the number of pages of the act of constitution:
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2 to 9 pages: HTG 5,000
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10 to 25 pages: HTG 20,000
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26 to x pages: HTG 35,000.
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*6Obtain the Tax ID number (numero d’identification fiscale -NIF) from the Tax authorities (DGI), pay fees, and obtain certificate of patente 15 days (simultaneous with previous procedure)HTG 50 (tax ID card) + 2% of initial capital + 0.3% per share + HTG 102 (droit de fonctionnement) + HTG 5 (taxe carte d’identite professionelle) HTG 2,157.30 $ 32.14
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Agency: DGI 
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The company must file a form at the Tax Bureau (DGI) and provide an opening balance sheet on which corporate taxes will be based. A 2% tax is levied on a corporation’s initial capital, payable annually. A company must pay the “tax on share” (taxe sur action) of 0.3% per share, which will be assessed each year, and a "right of operating" tax (droit de fonctionnement) of HTG 1500 payable annually, and HTG 1500 5 to obtain the professional identity card ("carte d’identite professionelle").
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*7Obtain the “Carte d’Identite Professionelle” from the Ministry of Commerce 17 days on average (simultaneous with previous procedure)cost included in procedure 5
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Agency: Ministry of Commerce 
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According to Article 2 of the “Décret du 26 septembre 1960 réglementant l’exercice de la profession de commercant”, all commercial entities are required to hold a “carte d’identité professionnelle”. After the payment of fees at the DGI and obtaining the business permit ("certificat de patente"), the entrepreneur will obtain the “carte d’identité professionnelle” at the Ministry of Commerce.
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7.5Published in Le Moniteur
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*8Obtain special commercial books 2 days (simultaneous with previous procedure)HTG 5,000 HTG 5,000.00 $ 74.50
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Agency: Commercial Registry 
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The special commercial books are purchased and prepared by an accountant.
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*9Notification to the Labor Ministry about hiring 1 day (simultaneous with previous procedure)no charge
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Agency: Labor Ministry 
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Companies must submit a declaration on the hiring of personnel to the Labor Direction within 8 days of opening. In practice, this formality is rarely respected.
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*10Legalize the commercial books 7 days (simultaneous with previous procedure)HTG 1,000 HTG 1,000.00 $ 14.90
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Agency: Court 
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Books are legalized by the Dean of the first instance court (Doyen du Tribunal). Each page must be sealed by the Dean of the civil court and the books must be sealed at the DGI (Direction Generale des Impots).
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*11Register for social security (OFATMA) 1 day (simultaneous with previous procedure)no charge
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Agency: Insurance Office 
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The company must register with the Insurance Office for Occupational Injury, Sickness, and Maternity (OFATMA) within 15 days of opening and provide the names of all its employees (up to 6% of monthly salary is contributed by the employer to social security).
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*12Register for Retirement Insurance Office (ONA) 
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Agency: Retirement Office 
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The company must register with the Retirement Insurance Office (ONA) within 15 days of opening and provide the name of all its employees.
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Total:97 HTG 184,932.30 $ 2,755.49
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