Dissolving a legal person: Everything you need to know

Starting a business
Thursday, 24 February 2022 04:01
Dissolving a legal person: Everything you need to know

(Togo First) - Many reasons could explain a company’s dissolution. Its life term could have expired; it may have completed its corporate goal; it could be due to operational issues resulting from a disagreement between managing partners; or even serious financial problems. 

Dissolution is a prerequisite to liquidating the company’s assets. In Togo, formalities related to this process are carried out at the Center for Business Formalities (CFE). The person submitting the request must have full legal capacity. For Togolese and ECOWAS nationals, the cost of the procedure is CFA24,125 and for non-ECOWAS nationals, it is CFA29,125. 

The dissolution is usually effective 24 hours after the necessary documentation has been submitted. Once effective, the company ceases to exist. 

Eligibility criteria: 

Individuals with full legal capacity. 

Cost of the procedure:

  • CFA24,125 for Togolese and ECOWAS nationals
  • CFA29,125 for non-ECOWAS nationals

Processing time: 

24 hours after the request is submitted. 

Where to submit the request? 

Name of the office:  Center for Business Formalities (CFE)

Address : Angled corner between avenue de la Présidence & avenue Georges Pompidou located at the Togo Chamber of Commerce and Industry (CCIT), B.P. 3210, Lomé, Togo.

Contact : 22 23 62 60

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Web portal: www.cfetogo.org

Required documentation: 

  • Minutes of the dissolution
  • Original copy of the business ID card or trade register

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

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