Recent measures on the form of the articles of association and the minimum capital of SARL in the DRC: advantages and weaknesses
The Minister of Justice and Human Rights and the Minister of Finance in the DRC signed jointly in December 30, 2014 theinterdepartmental Order No. 002/CAB/MIN/JGS &DH/014 and No. 243/CAB/MIN/FINANCES/2014 determining the form of the Articles of Association and the minimum capital of a limited liability company. According to this order, the following provisions must henceforth apply to single-member and multi-member SARL:
(1) the Articles of Association are established by notarial deed or private agreement (article 1);
(2) the share capital is freely set by the shareholders, taking into account the business (article 2);
(3) the pay-in slip cleared by a credit or microfinance institution constitutes proof of paying up of shares and the deposit of funds from the paying up thereto (article 3);
(4) all conflicting previous provisions are abrogated (article 4).