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How to start a business in Comoros as a foreigner (2026)

Starting a business in Comoros as a foreigner: moderate.

Comoros permits 100% foreign ownership in most sectors under its 2020 Investment Code and channels all registration through the ANPI's single-window authority. The formal process involves roughly 5 procedures and can range from approximately 16 days for basic company registration to up to 30 days for full investment-approval decisions, with a modest minimum share capital for a standard SARL. Practical capacity constraints and underdeveloped infrastructure temper the overall ease despite ongoing legislative reforms.

Last verified Official sources first · MethodologyCompare Comoros with other countries

Legal framework

Investment Code 2020 (adopted 28 December 2020, superseding Law N°07-0010/AU of 2007), administered by the National Agency for Investment Promotion (ANPI) via a Guichet Unique (one-stop shop); company law follows OHADA commercial law principles

Key points: starting a business in Comoros

  1. Foreign Ownership

    The 2020 Investment Code allows foreign entities to hold up to 100% equity in most sectors; restrictions may apply in sectors deemed strategic. No mandatory local partner or resident director is required.

    investmentpolicy.unctad.org investmentpolicy.unctad.org

  2. One-Stop Registration (ANPI Guichet Unique)

    ANPI operates a Guichet Unique in Moroni with island branches, serving as the single contact point for all administrative, legal, and commercial registration procedures. By law, a complete investment-approval decision must be issued within 30 days of a full application.

    pvknowhow.com womenconnect.org

  3. Minimum Capital

    The minimum share capital for a SARL (société à responsabilité limitée) is KMF 750,000 (approximately USD 1,670). Access to the Privileged Regime incentives under the Investment Code requires a minimum foreign investment of KMF 25 million (approximately USD 50,000).

    investmentpolicy.unctad.org investmentpolicy.unctad.org

  4. Registration Procedures & Timeline

    The World Bank's last Doing Business profile recorded approximately 5 procedures and 16 days to complete standard company registration. Full investment approval under the Privileged Regime must be issued within 30 days. A physical registered office address within the Union of Comoros is mandatory.

    archive.doingbusiness.org archive.doingbusiness.org

  5. Key Registration Steps

    Core steps include: (1) name reservation, (2) notarization of articles of association, (3) deposit at the Ministry of Finance/public registry, (4) registration with ANPI Guichet Unique, and (5) tax and statistical enrollment. KYC documentation is required at the ANPI stage.

    womenconnect.org archive.doingbusiness.org

  6. Investment Incentives & Capital Rights

    Investments qualifying under the Privileged Regime receive temporary exemption from a range of taxes and import duties for up to three years (covering construction and equipment). The 2020 Code guarantees the right to repatriate profits and capital after settlement of applicable taxes.

    investmentpolicy.unctad.org pvknowhow.com

Sources

  1. investmentpolicy.unctad.org/investment-policy-monitor/measures/4705/comoros-adopted-new-investmen
  2. investmentpolicy.unctad.org/investment-laws/laws/378/comoros-investment-law-2007
  3. archive.doingbusiness.org/en/data/exploreeconomies/comoros
  4. archive.doingbusiness.org/content/dam/doingBusiness/country/c/comoros/COM.pdf
  5. pvknowhow.com/countries/comoros/investment-code-guichet-unique/
  6. womenconnect.org/web/comoros/business-registration
  7. womenconnect.org/web/comoros/business-registration/-/asset_publisher/oR06HRSm5Ic8/cont

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Orientation, not legal advice: verify against the primary sources linked above. Last verified 24 May 2026. Methodology & how to cite · State of Technology Regulation 2026