Company Registration in Sierra Leone

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Services of local director for 1 year Providing a resident director of a given jurisdiction or the EU, which is necessary for registering a company and opening an account at a local bank
Total cost
On request On request On request
Accounting services
On request On request On request
Annual renewal (paid from the second year)
On request On request On request

Deal of the month

If you will register a company until April 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Sierra Leone is a well-known African country that encourages foreign direct investments through different incentives, in particular. This jurisdiction is abundant in different mineral resources (including gold and diamonds) and steadily upgrades its legal framework. The agricultural, transport and tourism sectors are the most developed ones in Sierra Leone. Entity incorporation in Freetown or Bo may easily open access to the next advantages the state offers.

Why to Register a Company in Sierra Leone

If you wish to incorporate or buy a company in Sierra Leone, this scope of advantages may become available to your business:

  • convenient geographical location;
  • availability of large markets;
  • support of innovations;
  • incentives for foreign direct investments, including in terms of taxation;
  • cheap labor force.

Legal and Organizational Forms in Sierra Leone

You are entitled to incorporate a company in Sierra Leone or establish your official presence in an alternative way by using one of these legal and organizational forms:

  • Limited liability company – this is the most popular and flexible business form that can be established even by 1 founder. All the financial and legal obligations of each shareholder will be always restricted to the amounts contributed to this entity – a shareholder will never cover any potential losses in excess of the sums invested. The government has abolished compulsory requirements for the starting share capital to contribute. Legal persons may also be members of this company.
  • Branch – this option will perfectly suit foreign companies who intend to realize in Sierra Leone their business objectives. Passing the simplified registration procedure will be required without the need of investing significant amounts of capital. 100% legal and financial liability over the debts and obligations of a branch will bear its mother company. The status of a legal entity is not granted in this case.
  • Representative office – this is an alternative option for establishing a business presence in Sierra Leone that is associated with marketing and promotional activities but doesn't allow handling a business here. Passing the simplified registration procedure is also required in this case without (1) the need of making any contributions, and (2) getting the status of a legal entity as well.

How to Incorporate a Company in Sierra Leone

If you wish to start a company in Sierra Leone, making these steps is expected for that purpose:

  1. Clarifying your commercial objectives and selecting the most appropriate types of commercial activities.
  2. Elaborating on a unique business name for an upcoming registration.
  3. Gathering and formalizing appropriately all the details about shareholders, including a mother company (if any), shareholders, final beneficiaries, and managers of a future company.
  4. Arranging and formalizing the official legal address for a new company.
  5. Composing and executing all the required registration documents and application forms for an upcoming registration.
  6. Submitting the set of registration documents, including the bank statement on the payment of the registration fee, for consideration. Creating a new entry in the Register of Companies by the Corporate Affairs Commission and issuing the Certificate of Incorporation for a new company.
  7. Formalizing a new company for the purpose of paying taxes and compulsory social security contributions.
  8. Opening corporate bank accounts for a new company.
  9. Applying for and formalizing compulsory licenses and permits (optional, may be required for chosen types of regulated activities).

Legal and Regulatory Framework

Sierra Leone is interested in involving foreign investments maximally. This jurisdiction allows 100% foreign ownership and also provides foreigners the opportunities to work in many strategic sectors of the economy, for instance, mining. At the same time, running a business in Sierra Leone is always associated with lots of uncertainties and a high risk of corruption. Contact Prifinance attorneys to get equally good but safer opportunities for investment.

Taxation in Sierra Leone

Each option of business incorporation in Sierra Leone should be considered simultaneously with the next tax highlights:

  • Profit tax (for legal entities) – 30%
  • Income tax (for individuals) – 35%
  • Goods and service tax (instead of VAT) – 15%
  • Withholding tax (standard)* – (1) dividends – 10% (2) interests – 15% (3) royalties – 25%
  • Capital gains tax – 30%

*rates may vary depending on the type of operation and the taxpayer.

How Prifinance Attorneys Can Assist You

Prifinance attorneys are ready to evaluate and foster the process of buying or opening a company in Sierra Leone so you could maximize potential benefits for your business, including:

  • assessing the perspectives of business incorporation in Sierra Leone and developing a personalized registration plan;
  • supporting the process of negotiations with the officials of the state authorities and banks;
  • collecting, drafting, and executing all the required documents for a future company;
  • supporting comprehensively the next entity’s operation both in Sierra Leone and abroad.

Experts have more than 11 000 successful cases in their portfolio and are ready to bring your project to success as well. Share the details and business objectives you have now.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again