In Gabon, financial statements are prepared in accordance with the Organization for the Harmonization of Business Law in Africa (OHADA) accounting framework. Bookkeeping for branch and subsidiary should be in French as mandated by OHADA chart of accounts.
YourGlobalPro professionals can assist you with the entire bookkeeping and accounting services for your Gabon Business Setup as per your business needs including implementation of financial accounting software, accounting records preparation and time to time preparation of budgets, forecasts.
Below are some of the important points in relation to Company Secretarial Compliance in Gabon:
- An auditor must be appointed if the LLC has a paid capital of over XAF 10 million, an annual turnover of XAF 250 million or with more than 50 employees.
- Public Limited Company and Branches are mandated to have audited financial statements.
Based on the size of the business – the companies are required to prepare and file financial statements with the Authority. YourGlobalPro professionals provide you auditing services for your business as required by your business in Gabon.
The documentation requirement needed to open a bank account in Gabon differs from bank to bank. The major banks in Gabon are BGFI Bank, Banque Internationale pour le Commerce et l’Industrie du Gabon, Union Gabonaise de Banques Citibank, Ecobank and United Bank of Africa. All banks are stable, reliable and offer the same level of services.
YourGlobalPro professionals facilitate all the paper work in relation to banking need and can assist you in opening bank account for your business plan in Gabon.