ABOUT CHAD

Amongst all the countries in the African continent, Chad is a landlocked country located in Central Africa. The capital of Chad is N’Djamena, which is the largest and highest populated city in the country. According to the report of the World Bank, Chad has been classified as a Low-Income Economy. The currency of Chad is the Central African CFA Franc (XAF). The value of the Indian currency is significantly higher than the CFA Franc (due to the fixed exchange rate of CFA Franc to the Euro) at the time of writing this article. The population of Chad is approximately 1.85 crores as of 2023. The neighboring countries of Chad are Libya, Sudan, Central African Republic, Cameroon, Nigeria, and Niger. The most commonly spoken languages in the country are French and Arabic, which are the official languages, along with various indigenous languages. The majority of the Chadian population practices Islam, but a significant proportion practices Christianity, and traditional African religions are also followed. Currently, there are 4 international airports in Chad, with N’Djamena International Airport being the main gateway. As Chad is a landlocked country, it relies on neighboring countries’ seaports (e.g., Douala in Cameroon) for its trade requirements.

The corporate tax rate in Chad is generally 35%. Specific sectors and activities may benefit from exemptions or reduced rates under the Investment Code. Opesh Group of companies will be helping you in completing the Due Diligence process which includes financial planning, registration process, business options, and if required, even helping you find a rental property for your office.

Establishing a business in Chad has to be done with utmost care, keeping in mind the laws of the country, which are largely based on the civil law system. The Uniform Act relating to the Law of Commercial Companies and Economic Interest Groups, part of the OHADA (Organization for the Harmonization of Business Law in Africa) framework, clearly outlines how a foreign investor can register a company in Chad. A foreign investor who is planning to start his business in Chad can form many different company types in the country, such as a Limited Liability Company (SARL), a Public Limited Company (SA), or a Simplified Joint-Stock Company (SAS). A Limited Liability Company (SARL) formed and registered under OHADA law in Chad allows the foreign investors to own 100% of the company in most sectors.

In case an investor is planning to establish a Limited Liability Company (SARL) in Chad or a corporation business setup, Opesh Group will be helping you in taking the right decision for setting up your business in Chad, and we will also guide you on how to follow the procedure while formulating your company in Chad.

Types of Business which can be started in Chad:

Oil and Gas – Chad is an oil-producing country, and the petroleum sector is the main driver of its economy. Opportunities exist in exploration, extraction, servicing, and downstream activities. Agriculture and Livestock – Agriculture is a major sector, employing a large portion of the population. Investment opportunities include commercial farming (cotton, groundnuts, sesame), modernizing livestock production (cattle, sheep, goats), and developing agro-processing industries. Mining – Chad has untapped mineral resources, including gold, uranium, bauxite, and iron ore. The sector is less developed, offering early-entry opportunities for exploration and extraction with the right expertise and capital. Renewable Energy – Only a small percentage of the population has access to electricity. There is immense potential for investment in renewable energy, particularly solar power, to meet the growing energy demand for both urban and rural areas. Infrastructure – There is a critical need for infrastructure development, including roads, railways, housing, and water and sanitation systems. Construction and civil engineering companies can find significant opportunities, often supported by government and international funding. Telecommunications and ICT – The telecommunications sector is growing, but connectivity and internet access remain low. Opportunities exist in expanding mobile networks, internet services, and developing digital solutions for local businesses. Tourism – Chad possesses natural attractions, including the Zakouma National Park and the lakes of Ounianga Serir (a UNESCO World Heritage site). The sector is largely undeveloped, offering potential for investment in eco-tourism, accommodation, and related services. Health and Education – Both sectors require significant investment to improve the quality and accessibility of services. Opportunities exist in setting up private clinics, specialized hospitals, and vocational or technical training institutions.

Advantages of Starting Business in Chad:

Chad is a major oil producer, providing a strong economic base, although efforts are being made to diversify. The country has vast, largely untapped natural resources, particularly in mining and agriculture. Membership in CEMAC (Economic and Monetary Community of Central Africa) and OHADA (Organization for the Harmonization of Business Law in Africa) simplifies legal procedures and provides access to a regional market. The government is actively seeking foreign investment and has an Investment Code offering various incentives, including tax breaks and customs duty exemptions for priority sectors. The presence of two official languages, French and Arabic, can facilitate trade and communication with other countries in Africa and the Middle East.

Business Opportunities for Indians in Chad:

There are excellent business opportunities in Chad for new investors who are planning to start their business abroad. Chad has opened its doors for foreign businesses and foreign investors. They can invest in infrastructure, telecommunications, agriculture, and the energy sector. While the oil sector has been dominant, significant potential lies in diversification into other less-explored sectors.

Imports & Exports:

The imports and exports business is an ever-growing business in any country; however, you need to do proper R&D before investing in a product that you can import or export. You need to check whether that product is suitable for your target market and how much revenue you will be able to generate from that market.

Major items which are exported from Chad to India (primarily indirectly):

Crude Petroleum Cotton Gum Arabic

Major items which are imported in Chad from India:

Pharmaceuticals Machinery and Mechanical Appliances Textiles Motor Vehicles and Parts Plastics

Manufacturing:

Opportunities exist for Indian companies to set up manufacturing facilities for import substitution and value addition in sectors such as: Textile manufacturing (processing local cotton) Agro-processing (e.g., groundnut oil, meat processing) Pharmaceutical packaging and basic production

Mining:

The less-explored mining sector offers long-term potential for Indian companies with expertise in exploration and extraction of gold, uranium, and iron ore.

Major Indian companies which could potentially work in Chad (based on sectors of interest):

• Companies in the Oil and Gas services sector
• Infrastructure and Construction companies
• Pharmaceutical companies
• Telecommunications equipment and service providers

GDP = $11.82 billion (2023 est.) GDP Growth = 1.6% (2023 est.) Ease of doing business rank = 180 (2020) GDP per Capita = $650 (2023 est.)

Thanks for reading this Article. Watch our Video and know more about Chad. For any Business Enquiry Join Millionaire Program and change everything in life and Business.. Call/ WhatsApp +91- 8094607111.

ABOUT CHAD

Amongst all the countries in the African continent, Chad is a landlocked country located in Central Africa. The capital of Chad is N’Djamena, which is the largest and highest populated city in the country. According to the report of the World Bank, Chad has been classified as a Low-Income Economy. The currency of Chad is the Central African CFA Franc (XAF). The value of the Indian currency is significantly higher than the CFA Franc (due to the fixed exchange rate of CFA Franc to the Euro) at the time of writing this article. The population of Chad is approximately 1.85 crores as of 2023. The neighboring countries of Chad are Libya, Sudan, Central African Republic, Cameroon, Nigeria, and Niger. The most commonly spoken languages in the country are French and Arabic, which are the official languages, along with various indigenous languages. The majority of the Chadian population practices Islam, but a significant proportion practices Christianity, and traditional African religions are also followed. Currently, there are 4 international airports in Chad, with N’Djamena International Airport being the main gateway. As Chad is a landlocked country, it relies on neighboring countries’ seaports (e.g., Douala in Cameroon) for its trade requirements.

The corporate tax rate in Chad is generally 35%. Specific sectors and activities may benefit from exemptions or reduced rates under the Investment Code. Opesh Group of companies will be helping you in completing the Due Diligence process which includes financial planning, registration process, business options, and if required, even helping you find a rental property for your office.

Establishing a business in Chad has to be done with utmost care, keeping in mind the laws of the country, which are largely based on the civil law system. The Uniform Act relating to the Law of Commercial Companies and Economic Interest Groups, part of the OHADA (Organization for the Harmonization of Business Law in Africa) framework, clearly outlines how a foreign investor can register a company in Chad. A foreign investor who is planning to start his business in Chad can form many different company types in the country, such as a Limited Liability Company (SARL), a Public Limited Company (SA), or a Simplified Joint-Stock Company (SAS). A Limited Liability Company (SARL) formed and registered under OHADA law in Chad allows the foreign investors to own 100% of the company in most sectors.

In case an investor is planning to establish a Limited Liability Company (SARL) in Chad or a corporation business setup, Opesh Group will be helping you in taking the right decision for setting up your business in Chad, and we will also guide you on how to follow the procedure while formulating your company in Chad.

Types of Business which can be started in Chad:

Oil and Gas – Chad is an oil-producing country, and the petroleum sector is the main driver of its economy. Opportunities exist in exploration, extraction, servicing, and downstream activities. Agriculture and Livestock – Agriculture is a major sector, employing a large portion of the population. Investment opportunities include commercial farming (cotton, groundnuts, sesame), modernizing livestock production (cattle, sheep, goats), and developing agro-processing industries. Mining – Chad has untapped mineral resources, including gold, uranium, bauxite, and iron ore. The sector is less developed, offering early-entry opportunities for exploration and extraction with the right expertise and capital. Renewable Energy – Only a small percentage of the population has access to electricity. There is immense potential for investment in renewable energy, particularly solar power, to meet the growing energy demand for both urban and rural areas. Infrastructure – There is a critical need for infrastructure development, including roads, railways, housing, and water and sanitation systems. Construction and civil engineering companies can find significant opportunities, often supported by government and international funding. Telecommunications and ICT – The telecommunications sector is growing, but connectivity and internet access remain low. Opportunities exist in expanding mobile networks, internet services, and developing digital solutions for local businesses. Tourism – Chad possesses natural attractions, including the Zakouma National Park and the lakes of Ounianga Serir (a UNESCO World Heritage site). The sector is largely undeveloped, offering potential for investment in eco-tourism, accommodation, and related services. Health and Education – Both sectors require significant investment to improve the quality and accessibility of services. Opportunities exist in setting up private clinics, specialized hospitals, and vocational or technical training institutions.

Advantages of Starting Business in Chad:

Chad is a major oil producer, providing a strong economic base, although efforts are being made to diversify. The country has vast, largely untapped natural resources, particularly in mining and agriculture. Membership in CEMAC (Economic and Monetary Community of Central Africa) and OHADA (Organization for the Harmonization of Business Law in Africa) simplifies legal procedures and provides access to a regional market. The government is actively seeking foreign investment and has an Investment Code offering various incentives, including tax breaks and customs duty exemptions for priority sectors. The presence of two official languages, French and Arabic, can facilitate trade and communication with other countries in Africa and the Middle East.

Business Opportunities for Indians in Chad:

There are excellent business opportunities in Chad for new investors who are planning to start their business abroad. Chad has opened its doors for foreign businesses and foreign investors. They can invest in infrastructure, telecommunications, agriculture, and the energy sector. While the oil sector has been dominant, significant potential lies in diversification into other less-explored sectors.

Imports & Exports:

The imports and exports business is an ever-growing business in any country; however, you need to do proper R&D before investing in a product that you can import or export. You need to check whether that product is suitable for your target market and how much revenue you will be able to generate from that market.

Major items which are exported from Chad to India (primarily indirectly):

Crude Petroleum Cotton Gum Arabic

Major items which are imported in Chad from India:

Pharmaceuticals Machinery and Mechanical Appliances Textiles Motor Vehicles and Parts Plastics

Manufacturing:

Opportunities exist for Indian companies to set up manufacturing facilities for import substitution and value addition in sectors such as: Textile manufacturing (processing local cotton) Agro-processing (e.g., groundnut oil, meat processing) Pharmaceutical packaging and basic production

Mining:

The less-explored mining sector offers long-term potential for Indian companies with expertise in exploration and extraction of gold, uranium, and iron ore.

Major Indian companies which could potentially work in Chad (based on sectors of interest):

• Companies in the Oil and Gas services sector
• Infrastructure and Construction companies
• Pharmaceutical companies
• Telecommunications equipment and service providers

Chad Economic Projection for 2027 

• GDP: ~$12.59 billion

• GDP Growth: ~1.6% annually

• GDP per Capita: ~$692

Thanks for reading this Article. Watch our Video and know more about Chad. For any Business Enquiry Join Millionaire Program and change everything in life and Business.. Call/ WhatsApp +91- 8094607111.