Sierra Leone - The Land of
Endless Opportunities

COMPANIES AND ALLIED MATTERS ACT 2026

Modernising Business Registration & Corporate Governance in Sierra Leone

LANDMARK LEGISLATION

Companies and Allied Matters Act 2026
Repeals & Replaces Companies Act 2009, Business Registration Act 2007

The new Act establishes a Unified Business Registry, introduces digital filing, beneficial ownership disclosure, simplifies MSME compliance, and creates new entities like single-member companies and LLPs. A consolidated framework to boost private sector development and attract investment.

1 Unified Registry

5‑Day Processing

5% BO Threshold

⬇️ OFFICIAL DOCUMENTS

📘 Companies and Allied Matters Act 2026 Full Act • 891 Pages • Unified Business Registry

TECHNICAL RESOURCES

NEW

Validation Workshop & Simplified Business Registration

International best practices & simplified MSME incorporation standards

✓ UNCITRAL & World Bank principles adopted
✓ Zero minimum capital for private companies
✓ No mandatory AGM for single-member firms
✓ One‑stop shop with NRA, NASSIT integration

Validation Workshop: 24th March 2026 • Freetown

Consultant Presentation Simplified Business Registration

About the National Investment Board (NIB)

The National Investment Board (NIB) is the central agency responsible for promoting, coordinating, and facilitating both domestic and foreign investment in Sierra Leone. NIB serves as a one-stop shop for investors by streamlining the investment process, reducing administrative barriers, and providing advisory support throughout the investment lifecycle.

With a clear mandate to improve the business environment and attract sustainable investments, the NIB is committed to ensuring that investors can navigate the regulatory landscape with ease and confidence, ultimately contributing to Sierra Leone’s economic transformation and inclusive growth.

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Vision

Our vision is to be the premier investment destination, fostering innovation and sustainable economic growth. We aim to build a conducive business environment and enhance partnerships for transformative progress.

Mission

Our mission is to lead and facilitate the creation of investment opportunities through a comprehensive approach to project development, creating value for both local and international investors. We aim to encourage impactful investments that improve quality of life and support economic resilience.

Mandate

The mandate of the National Investment Board (NIB) is to regulate, monitor, and promote investments in various sectors to encourage sustainable growth. We are committed to creating an enabling environment for private sector development, offering incentives, and ensuring regulatory compliance to achieve national economic goals.

Executive Director’s Message

Sierra Leone’s growing economy offers unique opportunities for investment and trade, supported by a sound business environment. The country’s economy is one of the strongest in West Africa, with strengths in agribusiness, mining, energy, infrastructure development, value-added manufacturing, and several emerging sectors including ICT, financial services, and healthcare.

If you're looking to start or expand your business, the National Investment Board (NIB) is here to provide the support you need to achieve your goals in Sierra Leone and beyond.