Local incorporation is required for undertaking insurance and reinsurance activities.
TITLE I: LEGAL REGIME AND RULES OF CONSTITUTION AND OPERATION
Chapter 1: General provisions[...]
Article 285: Forms of insurance and reinsurance companies
Any insurance or reinsurance company which seeks approval to operate in the insurance or reinsurance sector is required to constitute itself in the form of a non-single-member public limited company or mutual fund and to establish its registered office in the Democratic Republic of Congo.
A foreign company may only carry out on the national territory one of the operations mentioned in article 404 of this law or reinsurance activities if it satisfies the provisions of the preceding paragraph.
However, the Minister responsible for the insurance sector may only authorize a foreign company to carry out insurance or reinsurance activities when it is found, after consulting the insurance regulatory and control authority, that adequate insurance or reinsurance cover for a risk or category of risk cannot be found on the national market."[...]" (LAW N°15/005 OF MARCH 17, 2015 ON THE INSURANCE CODE [google translation])
LAW N°15/005 OF MARCH 17, 2015 ON THE INSURANCE CODE [google translation]
[<a href="https://www.leganet.cd/Legislation/Droit%20economique/Ass/Loi%2015%20mars%202015.html">Law</a>]