Business
Loi sur les sociétés commerciales outside OHADA, with EDBM one-stop registration
Company law rests on Loi 2003-036 sur les sociétés commerciales, French in structure but national rather than OHADA — Madagascar has never acceded to the Treaty. The Economic Development Board of Madagascar operates as a one-stop shop, and the Loi sur les Investissements provides guarantees and free-zone regimes.
Key rules
- Jurisdiction — The Registre du Commerce et des Sociétés registers; the Tribunal de Commerce hears commercial disputes.
- Deadline — Company registration through the EDBM guichet unique
- Deadline — Annual accounts filed with the registre du commerce
Governing law
- Loi 2003-036 sur les sociétés commerciales
- Loi 2007-036 sur les Investissements
- Loi 2007-037 sur les zones et entreprises franches
In practice
The absence of OHADA membership is the point that most often catches advisers out: Malagasy company, security and insolvency law is national legislation interpreted by Malagasy courts, with no CCJA appeal and no directly applicable Uniform Acts, despite the superficially familiar French vocabulary.