On 26 December 2012, the Ivory Coast officially opened its first one-stop-shop for companies registration (Guichet Unique de Formalités des Entreprises).

The creation of this one-stop-shop is an initiative of the Investment Promotion Centre (IPC), in cooperation with the Agency for the Promotion of Investments.

The one-stop-shop intends to facilitate the completion of administrative formalities for setting up companies or companies’ branches, including reception, information, document verification, preparation of publication in legal journals, opening files, etc.

The one-stop-shop houses all the administrative services involved in setting up companies or  branches.

This one-stop-shop should reduce the registration process for setting up a local company from 32 to 2 days.