Visa Procedure   |   Download Form
HOME CONTACT US
   
 
About Embassy About Embassy
Country Profile Country Profile
Sudan India Relations Sudan India Relations
About Embassy Business & Economy
Investement Climate Investement Climate
News News
Travel & Tourism Travel & Tourism
Travel & Tourism Ministry of Foreign Affairs Sudan
Study in India
 
Events
:: Investment Climate
 
Message From Department of Investor’s Services at Ministry of Investment  
Dear Investor:
We at the investors' services administration work to serve and protect you and facilitate your tasks with the accuracy and speed required…. We request that you consider the following:
   
1. Come by yourself to invest; supervise the project and get consultancies from specialists in investment
2. Do not sell the project, change its activities or sell its equipment until after completion and operation
3. Always consider reading the investment law and its executive rules and the basis and regulations which organize investment to advance with the investment process and play your role in the countries economic development
4. Your constant updating of the ministry through progress reports on the execution of the project, places you in the category of special projects and extends cooperation between you and the Ministry of Investment.
   
Procedural steps for investment transactions :
Application for a new license
   
1. Provide 2 copies of the technical and economic feasibility studies
2.

A copy of the company registration and a certificate of establishment if the owner is a specified company

3.

Fill in the form prepared for that purpose after paying an application fee of 15,800 dinars (fifteen thousand eight hundred dinars)

4. Pay the application fee
5. The study is then transferred to the concerned ministry to obtain the technical agreement for establishment of the project
6.

Issue a primary consent to the project

7. Register a name for the project with the Delegate Commercial Registrar in the Ministry of Investment
8.

Issue a final license for the project acceding with followed rules

9. Please submit an agency agreement authorized by a lawyer if the project is to be supervised by someone other than the owner or in the case of companies
 

 

Application for Activity Change
 
Firstly: the conditions
   
1. The new activity must be an encouraged activity
2. no planning, environmental or health impediment should exist
 
Second: required documents
1. a copy of the license for the first activity
2. a copy of the business name
3. a valid ownership certificate or rental contract
4. application to the administration
   
Third: the procedures
1. payment of the application fees
2. the application is transferred to the specialized sector for analysis
3. after the consent is issued a new business name should be registered for the new activity at the Delegate Commercial Registrars department.
4. the license of the new activity is issued after payment of required legal fees
   
Addition of a production line to an existing project
 
First: the conditions
   
1. the main line must be readily executed and is working in an acceptable manner
2. the availability of a suitable area for the new line
3. the new should not oppose the old line in any technical or planning manner
 
Second: required documents
1. a copy of the license granted to the first line
2. a copy of the business name
3. an ownership certificate or rental contract
   
Third: procedures
1. payment of the application fees
2. obtain approval from the concerned technical party
3. transfer the application  to the concerned sector for examination, issue consent and then transfer the consent to the Commercial Registrar to add a new line to the original business name
4. Issue a license or  decision after payment of the required fees
   
Transfer of ownership
 
First: the conditions
1. execution of the project to a reasonable extent not less than 60% of the required structures
2. it is not possible to transfer empty land granted in accordance with the investment encouragement act
   
Second: required documents
1. submit a valid ownership certificate of the transferred project
2. a copy of the projects license
3. a copy of the business registration
4. a primary concession contract from a recognized legal body
5. an application to the ministry for acceptance of the concession
   
Third: procedures
1. payment of application fees
2. transfer of the application to the specialized sector for examination
3. a field visit to the project by the monitoring department and preparation of a report explaining the execution of the project
4. the application will be transferred to the ministry's legal consultant to ascertain the legality of the proceeding
5. consideration of the application in agreement or disagreement; incase of agreement the project is registered with the Delegate Commercial Registrar in the ministry
6. issue a final license to the owner and a new business name
   
Forming or ending a partnership
   
 

As long as the purpose of involving a new partner is fully executing the project then agreement to this will be issued after the following documents are submitted:

1. a copy of the business registration
2. a copy of the license
3. a valid ownership certificate
4. a partnership contract ratified by a legal body
5. an application to the administration requiring the transaction
   
Mortgaging the project for finance
   
First: the conditions
1. the project must be executed to an extent allowing the mortgage of the buildings not the granted land
2. a letter from a bank clarifying the purpose of finance which must be for the operation or execution of the project
   
Second: required documents
1. a copy of the license
2. a copy of the business registration
3. a valid ownership certificate
4. a banks letter of finance
   
Third: procedures
1. payment of application fees
2. transfer the application to the concerned sector
3. a field visit is executed by the monitoring department and a report is prepared showing the extent of execution
4. the documents are revised by the ministry's legal counsel
5. consideration of the application and making the decision concerned
   
General rules
  First: cars and other transport means are not allowed except after the capital equipment is imported
  Second: the project is not granted a tax exemption for more than 10 years except after the project is proven a strategic one with a capital of 10 million dollars and a budget audited by a legal auditor
 

Third: capital equipment has become an automatic concession with 0 customs and does not need any exemption

 

Fourth: rehabilitating the industrial projects now enjoys a constant percentage for business profits which is 10% instead of 30%

 

 

 

 
Copyright © 2002-2009, Embassy of the Republic of the Sudan , New Delhi, India. All rights reserved.  
Email: admin@sudanembassyindia.org