Angola

Ease of Doing Business in

Angola

This page shows summary Doing Business 2012 data for Angola. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Sub-Saharan Africa
Income Category Lower middle income
Population 18,992,707
GNI Per Capita (US$) 3,960.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
172 171 down -1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 167 164 up -3
Dealing with Construction Permits 115 119 up 4
Getting Electricity 120 125 up 5
Registering Property 129 174 up 45
Getting Credit 126 130 up 4
Protecting Investors 65 60 up -5
Paying Taxes 149 145 up -4
Trading Across Borders 163 162 up -1
Enforcing Contracts 181 181 No change
Resolving Insolvency 160 155 up -5

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 167 DB 2011 Rank 164 Change in Rank down-3
Indicator Angola Sub-Saharan Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
8 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
68 37 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
118.9 81.2 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
25.3 129.8 14.1
No. Procedure Time to Complete Associated Costs
1 Search for a unique company name and pick up the relevant certificate 1 day AOA 500 + AOA 24,090
2 Deposit the legally required initial capital in a bank and obtain deposit evidence; pay the registration fee 1 day no charge
3 Verify the company documents at the Guichet Unico 1 day the fees are included in the company registration fees
4 Obtain NIF at Guichet Unico 1 day tax fees included in next procedure
5 Notarize company draft documents, register the company and pay registration fees at Guichet Unico 4 days 25,000 AOA Guichet Unico fees+ registration in the conservatoria 100002 AOA+ 12000 AOA statistics institute + 20000 AOA Impresa National ( fixed cost) + 10 AOA social security + 132730 Notary fees + 25595 AOA taxes fee
6 Obtain the Commercial Operations Permit from the Ministry of Commerce 60 days USD 1,000
* 7 Legalize the inventory and diary books with the Tax Office 1 day (simulteneous with previous procedure) USD 3
* 8 Legalize the inventory and diary books with the judge of the provincial court having jurisdiction over the area of the company’s headquarters 1 day (simulteneous with previous procedure) USD 20
* Takes place simultaneously with another procedure.

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