Fiji

Ease of Doing Business in

Fiji

This page summarizes Doing Business 2016 data for Fiji. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region East Asia & Pacific
Income Category Upper middle income
Population 887,027
GNI Per Capita (US$) 4,540
City covered Suva
Doing Business 2016 Rank Doing Business 2015 Rank
X

DOING BUSINESS 2015 RANK

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

Change in Rank
88 86 down -2

Doing Business 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

Doing Business 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

62.58 62.52 down 0.06

Starting a Business

X

Starting a Business

The steps of launching a business are shown below. Included are: the number of procedures entrepreneurs can expect to go through to start up and formally operate an industrial or commercial business, as well as the time and cost to complete these procedures and the paid-in minimum capital requirement as a percentage of gross national income (GNI) per capita.

DB 2016 Rank 167 DB 2015 Rank
X

DOING BUSINESS 2015 RANK

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

156 Change in Rank down-11
DB 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

68.18 DB 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

68.04 Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

up0.14

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

Indicator Fiji East Asia & Pacific OECD high income
Procedures (number)
X

Procedures (number)

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).

View methodology

11 7.0 4.7
Time (days)
X

Time (days)

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.

View methodology

58.0 25.9 8.3
Cost (% of income per capita)
X

Cost (% of income per capita)

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.

View methodology

21.3 23.0 3.2
Paid-in min. capital (% of income per capita)
X

Paid-in min. capital (% of income per capita)

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

0.0 9.8 9.6
No. Procedure Time to Complete Associated Costs
1 Check the uniqueness of the proposed company name and reserve name 8 days FJD 5.75 for name reservation + FJD 1.15 for company name search
2 Obtain declaration of due compliance sworn by lawyer 3 days FJD 1200
3 Register the company with the Companies Registrar 21 days Registration fee FJD 133 + stamp duty FJD 20 for the stamping of the memorandum and articles of association (FJD 10 each) + FJD 12 (Forms 201, 203, 208 - FJD 4 each)
* 4 Register for Tax Identification Number (TIN) with FRCA 11 days on average (simultaneous with previous procedure) no charge
* 5 Receive inspection by FRCA 1 day (simultaneous with previous procedure) no charge
6 Submit TIN number to Companies Registry to obtain final incorporation certificate 1 day no charge
7 Obtain the National Fire Authority Certificate (NFA) after inspection 10 days on average FJD 50-150 (VAT excluded) depending on the size of the business
* 8 Register for statutory training tax 3 days (simultaneous with previous procedure) no charge
9 Obtain the compliance letter from the Minister of Labour after inspection 3 days FJD 70-150 (FJD 50 for inspection and FJD 2 per employee)
10 Apply for a business license from the relevant licensing authority (Suva City Council) 11 days on average FJD 300
* 11 Register as an employer with the Fiji National Provident Fund 11 days on average (simultaneous with previous procedure) no charge
  * Takes place simultaneously with another procedure.

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