(Togo First) - When starting a business for the first, entrepreneurs often prefer creating an individual company, since it is a simplified type of business with no minimum capital requirement. 

However, while they have less complex legal characteristics, this type of business may fuse the entrepreneur’s assets with the business’. Moreover, it leaves no room for managing partners. 

Over time and as it grows, the entrepreneur will have to change the business’ status, notably for legal, financial, fiscal purposes or even in the event of a name or location change. 

The business owner can request necessary changes at the Center for Business Formalities (CFE), provided that he or she has full legal capacity upon submitting the request. For Togolese and ECOWAS nationals, the cost of that procedure is CFAF22,700 and for non-ECOWAS nationals, it is CFA27,700. 

Eligibility criteria: 

Individuals with full legal capacity 

Cost of the procedure: 

• CFA22,700 for Togolese and ECOWAS nationals
• CFA27,700 for non-ECOWAS nationals  

Processing time: 

24 hours after the application is submitted

Where to submit the application?

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 : +228 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:  

• A duly filled natural person identification form
• A copy of the national ID card for Togolese, the consular card for ECOWAS citizens, and the passport for other foreigners
• Proof of residence, namely the residence permit for ECOWAS citizens, the residence certificate for Togolese, and a visa for other foreigners
• A statement proving that the applicant has no prior or pending convictions
• A photo ID of the company manager or CEO
• Original of the business ID card or trade register