Located in the eastern Caribbean Sea, close to the Lesser Antilles, is the island nation of Guadeloupe. It is an overseas department of France, which means it is an integral component of the French Republic and is governed by the same laws and institutions as mainland France. Basse-Terre and Grande-Terre are the two main islands of Guadeloupe, and they are divided by a thin sea channel.
Steps for registration
There are processes and standards that must be met in order to register a corporation in this country. Detailed instructions are provided below:
Select a business structure
Prior to registering your firm, you must select a business structure from among the many available options. You can pick between a sole proprietorship, a partnership, or a corporation.
Choose a name for your firm
keeping in mind that it cannot be identical to another company’s name that is already in use here. The Guadeloupe Trade and Companies Registration has a webpage where you may look up available titles.
Obtain a business license
To legally operate in this country, you must first obtain a business license from the Guadeloupe Chamber of Commerce and Industry. You can now legally operate in the area with the help of this license. In order to begin operations, you must first secure the appropriate licenses and permits, the specifics of which will vary depending on the type of your firm.
Obtain a tax identification number
You must register with the French tax authorities in order to receive a tax identification number (TIN). You must provide this number when opening a business bank account and filing taxes. The Guadeloupe Trade and Companies Registration is where you can register your business. In addition to the articles of incorporation and bylaws, they will also require a copy of your business license and tax identification number. You can sign up either online or in person. You must notify the public of your company’s formation by publishing a notice of incorporation in a local newspaper. You will also need a bank account in the name of your firm in order to handle any monetary transactions.
Sign for staff health insurance
You need to sign up your staff for health insurance and social security, so you can provide them with benefits. After incorporating your business, you must submit annual reports and tax payments to the appropriate authorities.
To make sure you comply with all the legal requirements and regulations, it is best to get the advice of a lawyer or accountant who specializes in business registration here.
How much does it cost to set up a business in Guadeloupe
Costs associated with setting up a corporation in Guadeloupe vary with the specifics of the legal form selected. Several broad principles are outlined below:
Sole proprietor
As a sole proprietor, you can start a business in Guadeloupe for a modest price and with little hassle. Registration costs between €150 and €300, but might be higher or lower depending on the type of business.
Limited liability company
The registration fees for a limited liability company (SARL) in Guadeloupe are greater than those for a sole proprietorship. Registration costs might range from €1,000 to €2,000, depending on the specifics of the business.
Public limited company
Registration fees for a public limited company (SA) in Guadeloupe are the highest of all of the available business structures. Depending on the specifics of the company, the registration charge could be anywhere from €3,000 to €6,000. The actual cost of registering a company in Guadeloupe may differ from the amounts estimated here due to factors including legal fees, taxes, and other administrative expenditures. For a more precise figure, it is best to speak with a local attorney or business counselor in Guadeloupe.
