Requirements for Foreign Investors:
→ The Investment must be environment friendly and respect the religion and values. Article 5 of the Somaliland Constitution states that Islam is the religion of the State and emphasises that the laws of the nation shall be grounded in the Shariah law and anything that is contrary is null and void. According to this article, usury, commercial practice sand unlawful enrichment are prohibited.
→ The Foreign Investor must have a company in his home country or other countries
→ The Foreign Investor must complete the Investment application form B1
→ The foreign investor must submit the following documents:
See the links below to know all the required documents for the 3 different type of Foreign companies in Somaliland:
In Somaliland, the investor has the same fundamental rights with the citizen of Somaliland except political rights which are exclusively enjoyed by the citizens.
Article 8 of the Investment Act grants the following rights for the investor to exercise in accordance with the relevant local laws:
All sectors and business activities are open to foreign investor, unless the investor is particularly restricted or prohibited from doing business in the territory of Somaliland for security reasons or for public interest.
We offer and register foreign companies regularly in Somaliland if you have any further questions or would like assistance in forming your foreign company in Somaliland don't hesitate to contact us on +252(0)636-292-813
Or drop us an email on firstname.lastname@example.org