Côte d'Ivoire

Ease of Doing Business in

Côte d'Ivoire

This page summarizes Doing Business 2013 data for Côte d'Ivoire. The first table lists the overall "Ease of Doing Business" rank (out of 185 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 20,152,894
GNI Per Capita (US$) 1,100
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
177 177 0

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
45.4 45.0 down 0.4
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 176 173 up -3
Dealing with Construction Permits 169 168 up -1
Getting Electricity 153 150 up -3
Registering Property 159 158 up -1
Getting Credit 129 127 up -2
Protecting Investors 158 155 up -3
Paying Taxes 159 161 up 2
Trading Across Borders 163 163 No change
Enforcing Contracts 127 126 up -1
Resolving Insolvency 76 73 up -3

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 2013 Rank 176 DB 2012 Rank 173 Change in Rank down-3
DB 2013 DTF** (% points) 53.5 DB 2012 DTF** (% points) 52.4 Improvement in DTF** (% points) up1.1
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)
10 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)
32 34 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)
130.0 67.3 4.5

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)
184.6 116.0 13.3
No. Procedure Time to Complete Associated Costs
1 Deposit the initial capital in a bank and obtain a receipt 1 day no charge
2 Obtain two extracts of the criminal record of the managers 4 days XOF 3,000
* 3 A notary certifies the paid-in capital 2 days (simultaneous with previous procedure) 10% of initial capital (including notary fees, registration and stamps cost)
4 Register with the Direction de l’Enregistrement et du Timbre 7 days included in procedure 3
5 Publish the formation notice in a legal journal 3 days XOF 8,760 per line
6 Legalization of the copies of newspaper publication by the local council services 2 days XOF 2,100
7 File documents with the Court’s Clerk Office (Greffe du Tribunal) with the Registre du Commerce et du Crédit Mobilier (RCCM) 3 days XOF 55,000
8 File a declaration of commencement of business (Déclaration Fiscale d’Existence) with the Tax Department, Ministry of Economy and Finance 10 days XOF 5,000
9 Register the employees with the National Social Security Fund (CNPS) 1 day no charge
10 Obtain a company seal 1 day 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 indicators across all economies included in Doing Business since each indicator was 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...

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