#

Ease of Doing Business in

Benin

Benin Download Profile (1770.8KB, pdf)
Region Sub-Saharan Africa
Income Category Low income
Population 10,879,829
GNI Per Capita (US$) 860
City covered Cotonou

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 155 153 down
2
48.52 47.50 down
1.02
Starting a Business 57 117 up
60
90.56 81.37 up
9.19
Dealing with Construction Permits 74 74
-
71.29 70.79 up
0.50
Getting Electricity 174 177 up
3
33.84 33.84
-
Registering Property 173 172 down
1
39.96 39.59 up
0.37
Getting Credit 139 134 down
5
30.00 30.00
-
Protecting Minority Investors 145 145
-
40.00 40.00
-
Paying Taxes 173 171 down
2
44.61 44.61
-
Trading across Borders 133 130 down
3
59.89 60.33 down
0.44
Enforcing Contracts 169 168 down
1
36.34 36.34
-
Resolving Insolvency 115 113 down
2
38.72 38.08 up
0.64

Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

DB 2017 Rank: 57

DB 2016 Rank: 117

Change in Rank: up60

DB 2017 DTF (% points): 90.56

DB 2016 DTF (% points): 81.37

Change in DTF (% points): up9.19

Standardized Company
Legal form: Limited Liability Company, Société à Responsabilité Limitée (SARL)
Paid-in minimum capital requirement: XOF 25,000
City: Cotonou
Indicator Benin Sub-Saharan Africa OECD high income
Procedure – Men (number) info_outline 5.0 7.8 4.8
Time – Men (days) info_outline 8.0 27.3 8.3
Cost – Men (% of income per capita) info_outline 3.7 54.0 3.1
Procedure – Women (number) info_outline 6.0 7.9 4.8
Time – Women (days) info_outline 9.0 27.5 8.3
Cost – Women (% of income per capita) info_outline 3.8 54.1 3.1
Paid-in min. capital (% of income per capita) info_outline 5.4 33.1 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Obtain marriage certificate for national identification card

    Agency: Municipality

    To obtain a national identity card, married women in Benin need to present a certified copy of marriage certificate. Additionally, women must have a national ID when registering a business.

    Legalized marriage certificates can be obtained from "Mairie de Cotonou" in 1 day on average. There is a cost of XOF 300 for stamp. If done with a notary, this procedure will cost XOF 5,000 on average.
    1 day XOF 300
    2

    Verify the uniqueness of the company name

    Agency: Commercial Registry

    In Benin, as in all member countries of the Organization for the Harmonization of Business Law in Africa (OHADA), any company must choose a unique company name before it is registered in the trade register. Checking the company name can now be done online (www.gufebenin.org).
    1 day notary service fees include name verification charges
    3

    Deposit the capital in a bank and activate the bank account

    Agency: Bank

    The entrepreneur needs to open and activate a Bank Account to deposit the company’s share capital. The operator will then obtain a “récipité” and an “attestation” from the bank, which will be necessary for the formalities at the GUFE.
    1 day no charge
    4

    File documents with GUFE

    Agency: Guichet Unique de Formalisation des Entreprises (GUFE)

    The Government of Benin issued Decree N° 2009-542 on October 20, 2009, which created a one-stop shop. The one-stop shop became operational on March 26, 2012. The new one stop shop allows entrepreneurs to register with the commercial registry and the tax authority, the Labor directorate (Direction Générale du Travail) and the Directorate of commerce (Direction Générale du Commerce Intérieur et la Direction Générale du Commerce Extérieur) at one place.
    The cost are since May 2015 the following: 12,000 XOF for the cout de greffier + 5,000 XOF carte de professionelle du commercant
    4 days XOF 12,000 registration costs + XOF 5,000 for the trader card
    5

    Subscribe company and employees to the Caisse Nationale de Securité Sociale (CNSS)

    Agency: Caisse Nationale de Securité Sociale (CNSS)

    As per the law, a newly registered company must register with social security at the CNSS within 3 months of incorporation.
    1 day no charge
    6

    Declaration of registration with the Tax Authority - Direction Nationale des Impots et des Domaines

    Agency: Direction Nationale des Impôts et des Domaines

    All new businesses must declare their existence “declaration d’enregistrement aux impots"" to the tax authority “Direction Nationale des Impots et des Domaines ” within 20 days of the start of the business activity. This is basically for the records of the Direction Nationale des Impots et des Domaines (DNID) in order to ensure that taxpayers are compliant with dues.

    In order to register, the documents to be submitted are the fiscal number (IFU), the number of employees and the “carte du commercant”. The DNID tax agency will conduct a site visit to ensure that the address provided is correct.
    1 day no charge

    Applies to women only.