Guide In Doing Business In Haiti

Since the 2010 earthquake that killed thousands of people and destroyed infrastructure in Haiti, entrepreneurs have been having a tough time doing business in the Caribbean nation. However, it does not mean that putting up a business in the country is not a wise decision. There are key sectors that provide good opportunities for businessmen. Among these are the garment, agribusiness and tourism sectors. Opening a business in these industries can lead to success.

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Haiti Business

Analysts believe that Haiti's gross domestic product can grow in the coming years and this is good for businessmen. Also, there are ways on how to do business in Haiti easier. One can work with non-government organizations so as to combine business and social goals. The good thing about this is that NGOs are knowledgeable about Haiti when it comes to its markets, society, and people.

The process of setting up a business in the country may take time but as long as you follow the guidelines, then there's nothing to worry about. When opening a business, you must deposit the required initial capital in the National Bank. You should also prepare company statuses that include articles and memorandum of association. There are other processes you have to undergo such as notarizing the company deeds, registering with the Ministry of Commerce and Industry and getting authorization of operations. Moreover, there are necessary documents and licenses you must obtain in order to run a business in the country. And the important thing is to acquire them all before being able to legally open your business.

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