Central African Republic

Ease of Doing Business in

Central African Republic

This page shows summary Doing Business 2012 data for the Central African Republic. 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 Low income
Population 4,505,945
GNI Per Capita (US$) 460.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
182 183 down 1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 160 162 up 2
Dealing with Construction Permits 136 131 up -5
Getting Electricity 162 177 up 15
Registering Property 132 142 up 10
Getting Credit 98 139 up 41
Protecting Investors 133 131 up -2
Paying Taxes 177 182 up 5
Trading Across Borders 182 182 No change
Enforcing Contracts 173 173 No change
Resolving Insolvency 183 183 No change

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 160 DB 2011 Rank 162 Change in Rank up2
Indicator Central African Republic 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)
7 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)
21 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)
175.5 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)
452.9 129.8 14.1
No. Procedure Time to Complete Associated Costs
1 Deposit the legally required initial capital in a bank and obtain deposit evidence 1 day XAF 23600
2 Procurement of the Residence Certificate 1 day XAF 1000
3 All acquired documents are filed at the public notary’s office for notarization 3 days 0.5-5% of the company initial capital
4 Register company at Guichet Unique de formalité des Entreprises (GUFE) 7 days XAF 70 000 (frais d'enregistrement) + stamp fees ( 24 pages)+ XAF 30,000 (registration fee) + XAF 50,000 (chamber of commerce registration)
5 Advertise the company formation in a national news daily 1 day XAF 70000
6 Notify authorities of hiring of employees 1 day no charge
7 Obtain business license (agrement) 7 days XAF 10,200

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