Haiti

Ease of Doing Business in

Haiti

This page summarizes Doing Business 2014 data for Haiti. The first table lists the overall "Ease of Doing Business" rank (out of 189 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 Latin America & Caribbean
Income Category Low income
Population 10,173,775
GNI Per Capita (US$) 760
City covered Port au Prince
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
177 177 0

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
43.21 42.57 down 0.64
 

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 2014 Rank 187 DB 2013 Rank*** 187 Change in Rank 0
DB 2014 DTF** (% points) 33.35 DB 2013 DTF** (% points) 31.50 Change in DTF** (% points) up1.85

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

Indicator Haiti Latin America & Caribbean 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)
12 9 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)
97.0 36.1 11.1

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)
264.8 33.1 3.6

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
Paid-in Min. Capital (% of income per capita)
19.1 3.6 10.4
No. Procedure Time to Complete Associated Costs
1 Prepare of company statutes with a lawyer (Articles and Memorandum of Association) 10 days HTG 25,000 - 35,000
2 Notarize the company deeds and articles of association 7 days HTG 15,000 - 25,000 notary fees
3 Deposit the legally required initial capital in the National Bank and obtain deposit evidence 1 day no charge
4 Register the statutes with the Direction Générale des Impôts (DGI) 1 day included in the notary fees
5 Registration with the Commercial Registry at the Ministry of Commerce and Industry and obtain the authorization of operations (Droit de fonctionnement) 2 weeks for registration and 60 days for publication HTG 225 (frais de dossier) + HTG 25 (vignette bleue)+ HTG 20000 for publication in Le Moniteur (10-25 pages)
* 6 Obtain the Tax ID number (numero d’identification fiscale -NIF) from the Tax authorities (DGI), pay fees, and obtain certificate of patente 15 days (simultaneous with previous procedure) HTG 50 (tax ID card) + 2% of initial capital + 0.3% per share + HTG 1500 (droit de fonctionnement) + HTG 1500 (taxe carte d’identite professionelle)
* 7 Obtain the “Carte d’Identite Professionelle” from the Ministry of Commerce 15-20 days (simultaneous with previous procedure) cost included in procedure 6
* 8 Obtain special commercial books 2 days, simultaneous with previous procedure HTG 5,000
* 9 Notification to the Labor Ministry about hiring 1 day, simultaneous with previous procedure no charge
* 10 Legalize the commercial books 7 days, simultaneous with previous procedure HTG 1,000
* 11 Register for social security (OFATMA) 1 day, simultaneous with previous procedure no charge
* 12 Register for Retirement Insurance Office (ONA) 1 day, simultaneous with previous procedure no charge
* 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 topics including Getting Electricity across all economies 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...

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

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