Côte d'Ivoire

Ease of Doing Business in

Côte d'Ivoire

This page summarizes Doing Business 2014 data for Côte d'Ivoire. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. 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 19,839,750
GNI Per Capita (US$) 1,220
City covered Abidjan
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
167 173 down 6

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
50.11 46.59 down 3.52
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform making it more difficult to do business.
 

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 2014 Rank 115 DB 2013 Rank*** 179 Change in Rank up64
DB 2014 DTF** (% points) 77.77 DB 2013 DTF** (% points) 52.31 Change in DTF** (% points) up25.46

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Côte d'Ivoire 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)
5 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)
8.0 29.7 11.1

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)
44.4 67.4 3.6

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.

View methodology
Paid-in Min. Capital (% of income per capita)
164.4 125.7 10.4
No. Procedure Time to Complete Associated Costs
1 A notary draft the statutes and certifies the paid-in capital 2 days see comments
2 Deposit the minimum capital requirement at the bank 1 day no charge
3 Register at the one-stop shop (CEPICI) 3 days see comments
4 Publication of the notice of incorporation in three newspapers by the one-stop shop (CEPICI) 2 days included in previous procedure
* 5 Obtain a company seal 1 day (simultaneous with previous procedure) approximately XOF 10,000
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

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