This overview covers the key costs associated with establishing and maintaining a standard Private Limited Company in Guyana for 2025. All financial figures are presented in Guyanese dollar (GYD), with USD equivalents provided where appropriate for international reference.
Company Formation Costs in Guyana (2025)
Setting up a Private Limited Company in Guyana involves several standard fees payable to government authorities and local service providers. Below is a concise breakdown of the average company creation costs in GYD, including each core component.
| Expense Item | Amount (GYD) | Amount (USD) (Rate: 1 USD ≈ 210 GYD) |
|---|---|---|
| Business name reservation fee | GYD 1,000 | $4.76 |
| Registration fee (Companies Registry) | GYD 60,000 | $285.71 |
| Stamp duty on Articles of Incorporation | GYD 5,000 | $23.81 |
| Legal fees (average for standard incorporation) | GYD 40,000 | $190.48 |
| Minimum capital requirement | GYD 0 | $0.00 |
| Total Average Creation Cost | GYD 110,000 | $523.81 |
Guyana maintains no statutory minimum capital requirement for incorporation, helping to limit start-up barriers for small and medium-sized entities.
Ongoing Annual Maintenance Expenses
After incorporation, Private Limited Companies in Guyana are required to cover recurring annual costs to remain in good standing. The following table summarizes these ongoing maintenance obligations for a typical small company in 2025:
| Annual Maintenance Item | Amount (GYD) | Amount (USD) |
|---|---|---|
| Annual return filing fee (Companies Registry) | GYD 10,000 | $47.62 |
| Accounting and tax filing services (average) | GYD 50,000 | $238.10 |
| Total Annual Maintenance (range) | GYD 10,000 – 60,000 | $47.62 – $285.71 |
The annual maintenance range reflects the variability in accounting and tax service fees depending on the company’s volume and complexity. Legal filing costs are fixed, but total annual costs could vary with service provider rates.
Official Information Sources
For further details or direct confirmation of company registration procedures and official rates in Guyana, refer to the following government authorities:
Pro Tips for Company Formation and Compliance in Guyana
- Obtain written fee quotes from local service providers (legal and accounting firms) before committing, as rates may vary significantly.
- File annual returns promptly via the Companies Registry to avoid late penalties and maintain good legal standing.
- While no minimum capital is required, maintaining accurate financial records and proper documentation is essential for compliance and potential investor inspections.
- Use only the official government portals listed above for forms and up-to-date filing instructions—avoid third-party sites for sensitive company documentation.
In summary, Guyana offers straightforward company formation procedures with moderate up-front costs and predictable annual maintenance fees. The absence of a minimum capital requirement streamlines the process, and standard regulatory filings are both accessible and transparent in cost. As always, precise adherence to official filing timelines and documentation standards remains key for ongoing compliance and business continuity.