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Ease of Doing Business in

Cote d’Ivoire

Cote d’Ivoire Download Profile (1744.1KB, pdf)
Region Sub-Saharan Africa
Income Category Lower middle income
Population 22,701,556
GNI Per Capita (US$) 1,410
City covered Abidjan

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 142 139 down
3
52.31 51.60 down
0.71
Starting a Business 50 44 down
6
91.38 91.44 down
0.06
Dealing with Construction Permits 182 180 down
2
44.36 42.72 up
1.64
Getting Electricity 132 132
-
57.78 57.36 up
0.42
Registering Property 113 110 down
3
57.24 57.29 down
0.05
Getting Credit 139 134 down
5
30.00 30.00
-
Protecting Minority Investors 145 145
-
40.00 40.00
-
Paying Taxes 175 174 down
1
43.35 43.04 up
0.31
Trading across Borders 150 151 up
1
54.15 54.15
-
Enforcing Contracts 101 118 up
17
55.74 52.97 up
2.77
Resolving Insolvency 68 73 up
5
49.13 47.03 up
2.10

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

DB 2017 Rank: 50

DB 2016 Rank: 44

Change in Rank: down6

DB 2017 DTF (% points): 91.38

DB 2016 DTF (% points): 91.44

Change in DTF (% points): down0.06

Standardized Company
Legal form: Société à Responsabilité Limitée (SARL) - Limited Liability Company
Paid-in minimum capital requirement: XOF 25,000
City: Abidjan
Indicator Cote d’Ivoire Sub-Saharan Africa OECD high income
Procedure – Men (number) info_outline 4.0 7.8 4.8
Time – Men (days) info_outline 7.0 27.3 8.3
Cost – Men (% of income per capita) info_outline 18.9 54.0 3.1
Procedure – Women (number) info_outline 4.0 7.9 4.8
Time – Women (days) info_outline 7.0 27.5 8.3
Cost – Women (% of income per capita) info_outline 18.9 54.1 3.1
Paid-in min. capital (% of income per capita) info_outline 3.3 33.1 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    A notary draft the statutes and certifies the paid-in capital

    Agency: Notary

    A Memorandum of Understanding was signed on February 23, 2013 between the chamber of notaries and the one-stop shop reducing notary fees to a fix forfeit of 120,000 CFA for SARL with a minimum capital of XOF 1,000,000. For a SARL registering with a higher capital, a different percentage will apply depending on the amount. For example, for an SARL with a share capital between XOF 3 million and XOF 9 million, the fees are 3% of the share capital.

    Since 2014, the use of notaries is not compulsory – however, most entrepreneurs still use their services.
    2 days XOF 120,000
    2

    Open a bank account and deposit the minimum capital requirement at the bank

    Agency: Bank

    Business founders must open a bank account to deposit their start up capital.
    1 day no charge
    3

    Register at the one-stop shop (CEPICI) and publish the legal notice

    Agency: CEPICI

    On December 26, 2012, Cote d’ Ivoire launched a One Stop Centre for business registration (CEPICI), which allows entrepreneurs to register with the commercial registrar (Registre du Commerce et du Crédit Inmobilier), the tax authority (Direction Générale d’ Impots) and the social security institute (Caisse Nationale de Prévoyance Sociale).

    The one-stop-shop also publishes the legal notice of incorporation on their website (http://www.cepici.gouv.ci/)
    3 days XOF 15,000
    4

    Obtain a company seal

    Agency: Seal maker

    Business founders can make a company seal at the Sealmaker for approximately XOF 10,000.
    1 day approximately XOF 10,000