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Ease of Doing Business in

Central African Republic

Central African Republic Download Profile (1728KB, pdf)
Region Sub-Saharan Africa
Income Category Low income
Population 4,900,274
GNI Per Capita (US$) 320
City covered Bangui

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 185 186 up
1
36.25 36.27 down
0.02
Starting a Business 190 190
-
31.36 31.36
-
Dealing with Construction Permits 154 151 down
3
56.88 57.04 down
0.16
Getting Electricity 184 185 up
1
24.64 24.64
-
Registering Property 167 165 down
2
41.87 41.88 down
0.01
Getting Credit 139 134 down
5
30.00 30.00
-
Protecting Minority Investors 145 145
-
40.00 40.00
-
Paying Taxes 187 187
-
20.56 20.56
-
Trading across Borders 138 136 down
2
58.64 58.64
-
Enforcing Contracts 182 182
-
30.46 30.46
-
Resolving Insolvency 146 145 down
1
28.13 28.13
-

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

DB 2017 Rank: 190

DB 2016 Rank: 190

Change in Rank: 0

DB 2017 DTF (% points): 31.36

DB 2016 DTF (% points): 31.36

Change in DTF (% points): 0.00

Standardized Company
Legal form: Limited Liability Company
Paid-in minimum capital requirement: XAF 1,000,000
City: Bangui
Indicator Central African Republic Sub-Saharan Africa OECD high income
Procedure – Men (number) info_outline 10.0 7.8 4.8
Time – Men (days) info_outline 22.0 27.3 8.3
Cost – Men (% of income per capita) info_outline 209.4 54.0 3.1
Procedure – Women (number) info_outline 10.0 7.9 4.8
Time – Women (days) info_outline 22.0 27.5 8.3
Cost – Women (% of income per capita) info_outline 209.4 54.1 3.1
Paid-in min. capital (% of income per capita) info_outline 556.6 33.1 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Deposit the legally required initial capital in a bank and obtain deposit evidence

    Agency: Bank

    The deposit evidence has to be signed by 2 directors at the bank. It is also possible to deposit the minimum capital at the notary, it will take 1 week for the notary to deposit the capital at the bank and get the deposit evidence.
    1 day XAF 23,600
    2

    Procurement of the Residence Certificate

    Agency: Municipality

    The company contract, the criminal record certificate or the sworn declaration, and the director’s residence certificate are filed for notarization.
    1 day XAF1,000
    3

    All acquired documents are filed at the public notary’s office for notarization

    Agency: Public Notary

    The company contract, the criminal record certificate or the sworn declaration, and the director’s residence certificate are filed for notarization.
    3 days 0.5-5% of the company initial capital
    4

    Register company at Guichet Unique de formalité des Entreprises (GUFE)

    Agency: GUFE

    The Guichet Unique de formalité des Entreprises (GUFE) allows for the registration at the commercial registry.

    Entrepreneurs must submit 3 copies of the statutes of the company.

    The sworn declaration (declaration sur l'honneur) is completed at the GUFE. Entrepreneurs will need to send a copy of their criminal record within 75 days. The record is issued directly by the National Court.
    2 days XAF 70,000 (registration fees at the one stop shop) + XAF 30,000 (registration fees with the commercial registry) + stamp fees (For 3 copies of 24 pages each, XOF 1000 per page)
    5

    Obtain the Tax ID number (numero d’identification fiscale -NIF)

    Agency: Direction Generale des Impots et des Domaines

    Since 2012, the NIF is obtained at the Direction General des Impots et des Domaines.

    Prior to 2012, it was obtained at the one-stop-shop.
    2 days no charge
    6

    Register for Social Security

    Agency: Caisse Nationale de la Sécurité Sociale

    The enrollment of employees to the social security is no longer completed at the GUFE - but directly at the Social Security offices.
    3 days no charge
    7

    Advertise the company formation in a national newspaper

    Agency: National News daily

    All new businesses must advertise their company formation in the National News Daily.
    1 day XAF 70,000
    8

    Register with the Chamber of Commerce

    Agency: Chamber of Commerce

    All new businesses must register with the Chamber of Commerce for XAF 50,000.
    1 day XAF 50,000
    9

    Notify authorities of hiring of employees

    Agency: Regional Directorate of Employment

    Following registration, the company must file a declaration at the Regional Directorate of Employment.
    1 day no charge
    10

    Obtain business license (agreement)

    Agency: Municipality

    A business license (agreement) can be obtained at the Municipality for XAF 10,200.
    7 days XAF 10,200