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Ease of Doing Business in

Burundi

Burundi Download Profile (1723.2KB, pdf)
Region Sub-Saharan Africa
Income Category Low income
Population 11,178,921
GNI Per Capita (US$) 260
City covered Bujumbura

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 157 155 down
2
47.37 47.25 down
0.12
Starting a Business 18 14 down
4
94.45 94.51 down
0.06
Dealing with Construction Permits 169 165 down
4
52.72 53.16 down
0.44
Getting Electricity 183 184 up
1
26.45 26.45
-
Registering Property 94 94
-
62.52 62.53 down
0.01
Getting Credit 175 174 down
1
10.00 10.00
-
Protecting Minority Investors 137 136 down
1
41.67 41.67
-
Paying Taxes 123 125 up
2
62.20 60.58 up
1.62
Trading across Borders 160 160
-
47.38 47.38
-
Enforcing Contracts 149 149
-
45.74 45.74
-
Resolving Insolvency 141 141
-
30.52 30.46 up
0.06

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

DB 2017 Rank: 18

DB 2016 Rank: 14

Change in Rank: down4

DB 2017 DTF (% points): 94.45

DB 2016 DTF (% points): 94.51

Change in DTF (% points): down0.06

Standardized Company
Legal form: Société à Responsabilité Limitée (SARL) - Limited Liability Company
Paid-in minimum capital requirement: BIF 0
City: Bujumbura
Indicator Burundi Sub-Saharan Africa OECD high income
Procedure – Men (number) info_outline 3.0 7.8 4.8
Time – Men (days) info_outline 4.0 27.3 8.3
Cost – Men (% of income per capita) info_outline 13.9 54.0 3.1
Procedure – Women (number) info_outline 3.0 7.9 4.8
Time – Women (days) info_outline 4.0 27.5 8.3
Cost – Women (% of income per capita) info_outline 13.9 54.1 3.1
Paid-in min. capital (% of income per capita) info_outline 0.0 33.1 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Submit all documents to the one-stop shop (API) and obtain registration certificate and the tax identification number

    Agency: Agence de la Promotion et de l'Investissement (API)

    The following documents need to be submitted at the Agence des Promotions des Investissements (API):
    1. Application form for the creation of a new company (includes name of the company, type of company, address, initial capital, number of partners and their names, contribution of each partner)
    2. Standard company statutes
    3. Application form for registration with the Greffe of the Tribunal de Commerce
    4. Application form for registration with the OBR to obtain the NIF
    5. Photos of all partners
    6. Copy of identities of all partners

    The applicant first deposits all these documents at the API. The applicant will then obtain a certificate of incorporation and a fiscal identification number (NIF) issued by the tax authority (Office Burundais des Recettes). In addition, the applicant can now complete the registration of the company with the National Institute for Social Security at the one-stop shop.
    1 day Cost included in procedure 2
    2

    Pay the registration fees at the Commercial Bank cashier

    Agency: Commercial Bank of Burundi (BANCOBU)

    The applicant pays the registration fees of BIF 40,000 at the Commercial Bank of Burundi (BANCOBU) located inside the one-stop shop.
    1 day BIF 40,000 for a LLC performing general commercial activities
    3

    Make a company seal

    Agency: Shops dealing with stamp making

    The company seal is not required by law but it is done in practice.
    Companies need it for their daily activities in order to authenticate their documents.
    2 days BIF 20,000