Article
3 min read
Author
Anja Simic
Published
August 12, 2021
Last Update
July 08, 2024
Table of Contents
The sole proprietorship registration process in Senegal
Registration process
Tax Identification Number in Senegal
Senegal is located in the very west of Africa, facing the Atlantic Ocean, which gives it an excellent position for trading. The capital is Dakar, with a population of just over a million; Senegal has a total population of about 16.5 million. The main business activities in Senegal are mining, tourism, fishing, and agriculture. Senegal's GDP has been growing steadily since 2003 and will continue to grow in the coming years.
Disclaimer: This article is not a substitute for legal advice. Please always check official websites or seek legal advice before you take action.
The registration process depends on whether you are a Senegalese citizen or a foreigner. The process is not complicated and consists of several steps.
You submit the complete documentation to the BCE.
To register your sole proprietorship, you will be asked for the following documentation:
Keep in mind that the websites are in French. When registering, make sure you bring a French-speaking person with you if you don't speak the language.
VAT in Senegal is 18%. To enter the taxation system, you need to obtain a TIN.
The documents you need to obtain a TIN are:
The whole process is carried out in person within the Center Tax Service Board (Au Center des services fiscaux - CSF). The process of obtaining a TIN takes about three working days.
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