Home How to register a company in Sierra Leone, including online with NIB

How to register a company in Sierra Leone, including online with NIB

To register a company in Sierra Leone, you register it with the National Investment Board (NIB), online or in person, then get a TIN from the National Revenue Authority, open a bank account and register with NASSIT before you employ staff. SLONEC, in Freetown and London, prepares the documents, checks them and manages each step for you.

An aerial view of Freetown, with the city gathered around the bay.

Who registers companies in Sierra Leone now?

The National Investment Board (NIB) Act 2022 brought business registration and investment promotion under one body. Under the Act, NIB's Corporate Affairs Directorate administers the Companies Act 2009, and its Business Facilitation Directorate runs a one-stop shop and administers the Registration of Business Act 2007, which covers business names. The Act also transferred the work of the former Corporate Affairs Commission to NIB and amended the Companies Act so that it refers to NIB instead.

The Companies Act 2009 is still the law that governs companies, as amended by the Companies (Amendment) Act 2014 and by the NIB Act 2022. NIB's current registration forms are still issued under the 2009 Act. In 2026 NIB published a draft Companies and Allied Matters Bill for consultation, which would repeal and replace the Companies Act 2009, the Registration of Business Act 2007 and the General Law (Business Start-Up) (Amendment) Act 2007. Among other changes, the draft would remove the minimum share capital for private companies and let a private company have a single director without a company secretary. As of 11 November 2026 we have found no record that Parliament has passed it, so the 2009 Act as amended still applies. We will update this guide if the Bill becomes law.

What are the steps to register a company?

For most new businesses the order is similar:

  • Choose the structure. A private limited company, a business name registration for a sole trader, a branch of a foreign company, or a not-for-profit body for NGOs.
  • Register the business with NIB.
  • Register for tax with the NRA and get a Taxpayer Identification Number (TIN).
  • Open a corporate bank account, with the right signatories.
  • Register with NASSIT before you employ staff.
  • Get any sector or local authorisations your activity needs, for example a local council business licence.
  • Sort permits for foreign investors and expatriate staff, and their families.

NGOs follow their own route through the Ministry of Planning and Economic Development; see our guide to setting up a charity or NGO in Sierra Leone.

How long does company registration take?

It depends mainly on how quickly complete documents are available and on the authorities' own processing. Incomplete or inconsistent documents are the most common cause of delay, especially when owners live abroad. That is why we start with a written checklist for your structure, check every document before it is filed, and keep you updated as each step is completed. We will not promise a date we do not control.

What documents does a foreign or diaspora owner need?

NIB's own registration forms set out what it asks for. For a new private limited company, expect to provide:

  • a name availability check, as names are reserved before you register
  • NIB's combined application form, which also collects the details for your TIN, NASSIT number and municipal licence
  • identification for each shareholder: Sierra Leoneans can use a national ID card, passport or driver's licence, while the form asks non-Sierra Leoneans for copies of their certificate of registration, passport and residence permit
  • a signed statutory declaration and consent from each director, and a declaration from the company secretary
  • a declaration of compliance with the Companies Act
  • a beneficial owner information form
  • the memorandum and articles of association, which we can prepare with you
  • a business address in Sierra Leone and a person authorised to receive documents for the company

Originals must be shown when the copies are submitted, so they can be checked. Because the form asks non-Sierra Leonean shareholders for a residence permit, we check with NIB how this applies to you before filing if you do not live in Sierra Leone.

A company already incorporated abroad that sets up a branch in Sierra Leone uses NIB's foreign company registration form instead. It asks for a copy of the foreign certificate of incorporation, a certified copy of the company's constitution (with a certified English translation if needed), a valid passport copy for each foreign national named, and details of the person who will manage the company in Sierra Leone and of a person in Sierra Leone authorised to accept notices.

You can also register online. NIB's Online Business Registration System lets you open an account with your National Identification Number, or your passport number if you are a foreign national, reserve a name, upload documents and pay, with certificates issued in your account.

If you cannot travel, we explain which documents need to be certified or notarised abroad and how to send them, so you do not have to make repeat trips.

Do you also handle TIN, GST and NASSIT?

Yes. Registration is only the start, and getting tax set up correctly from day one avoids penalties later.

  • TIN. We register the company with the NRA for a Taxpayer Identification Number.
  • GST. You must register for GST when your taxable turnover reaches the registration threshold, currently NLe500,000 a year, and some businesses register voluntarily. See our tax compliance services.
  • NASSIT. Employers must register with NASSIT and pay contributions for their staff.
  • PAYE. If you employ people, you deduct PAYE income tax from their pay each month.

Once you are trading, we can take over your monthly and annual filings so nothing is missed.

Setting up for a project, tender or JV

If you are setting up in Sierra Leone to deliver a donor-funded contract or to bid with a local partner, you may need a registered branch or company, tax clearance, NASSIT registration and work permits before contract signature. We can coordinate all of these, and act as your local JV partner where that suits the bid. See partnering and JV bids in Sierra Leone.

Do you need a company at all?

If you only need to employ a few people, an employer of record in Sierra Leone may be quicker than setting up a company. It does not by itself stop your business from having a taxable presence in Sierra Leone, so we check that as part of the proposal.

After registration: staying compliant

Annual returns to NIB, monthly PAYE and NASSIT, GST once turnover reaches NLe500,000 a year, company income tax at 30%, or the 2% minimum alternate tax on turnover if that is higher (not in the first three years) and tax clearance renewals. See tax compliance in Sierra Leone.

Diaspora owners

If you are a Sierra Leonean living abroad, we can register the company from Freetown while you remain overseas, and explain which documents to certify and how to send them. See the Invest back home hub and our Sierra Leone invest-back-home guide for diaspora company set-up.

Can I contract from the UK instead?

Yes. If you are based in the UK, Europe or the US, you can contract with SLONEC Advisory Group, with delivery in Sierra Leone by our Freetown team and one point of contact outside Africa. See Route into Africa.

How SLONEC helps you set up

  • advice on the right structure for your plans
  • a written document checklist at the start
  • preparation and filing of registration documents
  • NRA and NASSIT registration, and GST where needed
  • support opening a corporate bank account
  • residence and work permits, handled end to end from Freetown, with one point of contact
  • accounts, tax, payroll and compliance once you are trading

Scope is agreed in writing before work starts. Read more about our market entry and investor support services.

Related guides: GST registration and returns in Sierra Leone · Payroll, PAYE and NASSIT services in Sierra Leone · Work and residence permits in Sierra Leone · Mining licences in Sierra Leone

Frequently asked questions

How do I register a business online in Sierra Leone?

Through the National Investment Board's Online Business Registration System. You open an account with your National Identification Number, or your passport number if you are a foreign national, reserve a name, upload your documents and pay, and the certificates are issued in your account. SLONEC can prepare the documents and handle the application for you.

Who registers companies in Sierra Leone?

The National Investment Board. Under the NIB Act 2022, its Corporate Affairs Directorate administers the Companies Act 2009 and its Business Facilitation Directorate handles business names. The former Corporate Affairs Commission's work moved to NIB under that Act.

Has the Companies Act changed?

A draft Companies and Allied Matters Bill was published for consultation in 2026; as of 11 November 2026 the Companies Act 2009 as amended by the Companies (Amendment) Act 2014 and the NIB Act 2022 still applies. We have found no record that Parliament has passed the Bill.

How long does it take to register a company?

It depends on having complete documents and on processing by the authorities. We give you a checklist at the start and keep you updated at each step. We will not promise a date we do not control.

Can a foreigner register a company in Sierra Leone?

Yes. Foreign and diaspora owners register companies here regularly. NIB's forms ask for identification for each shareholder and director: Sierra Leoneans can use a national ID card, passport or driver's licence, and the form asks non-Sierra Leoneans for their passport and residence permit, so we check with NIB how this applies before filing if you do not live in Sierra Leone. You also need director declarations, the memorandum and articles, and a business address in Sierra Leone.

Do I need to be in Sierra Leone to register?

Not necessarily. We explain which documents to certify abroad and how to send them, and our Freetown team handles the filing.

Do you register the company for TIN, GST and NASSIT too?

Yes. We register you with the NRA for a TIN, for GST when you need it, and with NASSIT before you employ staff.

Can you manage our filings after registration?

Yes. We can take over monthly PAYE, NASSIT and GST filings, annual returns and accounts.

Can a foreign company open a branch in Sierra Leone?

Yes, using NIB's foreign company registration form.

Do I need a company to employ staff in Sierra Leone?

Not always. An employer of record can employ people for you, although your business may still need to register for tax in Sierra Leone depending on what it does there.

What do I need before signing a donor-funded contract?

Usually a registered entity, TIN and tax clearance, NASSIT registration and permits for foreign staff, depending on the contract.

When do I register for GST?

When taxable turnover reaches NLe500,000 a year.

Get in touch

Tell us about your plans and we will set out the checklist for your structure. Book a call or request a proposal. Call +232 73 253666, message us on WhatsApp or email hello@slonec.com. Our office is at 1 Hannah Benka-Coker Street, Freetown. Checked on 11 November 2026. This page is general information, not legal or tax advice.