Administrative news in madagascar with MDG services

The economic context, including the expansion of tourism activities, is a key factor in revising Madagascar’s Finance Act 2024. The number of tourists visiting the Big Island increased by 98.3% in 2023 compared to 2022. To start with, the main amendments to the Tax Code (CDI) and the Fiscal Procedures...

Are you looking to ensure compliance with the social obligations for companies in Madagascar ? To successfully grow your business and enhance your human capital, it is essential to be aware of these obligations. MDG Services guides you in ensuring your company’s compliance. Minimum Monthly Wage (MMW) When recruiting, you must...

The banking system in Madagascar has gradually evolved over the years to become accessible and nearby. The bank in Madagascar is within reach for everyone, including individuals, professionals, businesses, and investors. Consequently, opening a bank account is mandatory for any taxpayer with a turnover or income exceeding Ar 50,000,000...

Do you need to draft a resolution minutes for your company in Madagascar? Are you looking to understand the necessary formalities and legal implications? MDG Services is here to help you prepare your resolution minutes in Madagascar in compliance with commercial law. The Resolution Minutes in Madagascar According to...

Money transfers to Madagascar : Simplicity and freedom At first glance, you’re probably wondering about the possibility to freely transfer money or conduct transactions with foreign service providers? Be aware that Malagasy law grants you a great deal of freedom in financial matters, including money transfers. However, this freedom comes...

Car imports are booming in Madagascar. Although import times are somewhat longer, depending on the origin of the vehicle, there is a constant influx of used vehicles from abroad.   All you need to do is follow import procedures to bring vehicles to Madagascar, whether for personal or professional use. Choosing...

With its natural, cultural and economic appeal, many expatriates choose Madagascar as their country of expatriation. Indeed, when expatriating to Madagascar, you can choose between different categories of visa, the most common of which are the investor visa, the worker visa and the family reunification visa. The latter is...

Expatriating to Madagascar offers a multitude of opportunities for those seeking to go beyond the borders of their country of origin. Madagascar, the majestic island of the Indian Ocean, attracts many expatriates each year in search of new professional and personal horizons. However, for those who are planning to settle...