Lesotho

Ease of Doing Business in

Lesotho

This page summarizes Doing Business 2013 data for Lesotho. 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

Select All
Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Sub-Saharan Africa
Income Category Lower middle income
Population 2,193,843
GNI Per Capita (US$) 1,220
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
136 153 down 17

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
55.4 52.1 down 3.3
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 79 144 up 65
Dealing with Construction Permits 140 138 up -2
Getting Electricity 133 136 up 3
Registering Property 157 150 up -7
Getting Credit 154 152 up -2
Protecting Investors 100 147 up 47
Paying Taxes 95 97 up 2
Trading Across Borders 144 149 up 5
Enforcing Contracts 139 154 up 15
Resolving Insolvency 75 74 up -1

Economy Profile

1651.1 KB pdf file

Download Now

Doing Business Resources

Doing Business law library Law Library

Search for business laws and regulations in Lesotho

 Contributors

See who contributed to Doing Business 2013

 Get all Data

See historical data sets and trends

Additional Topic

Additional Data

Related Websites

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 79 DB 2012 Rank 144 Change in Rank up65
DB 2013 DTF** (% points) 82.9 DB 2012 DTF** (% points) 77.6 Improvement in DTF** (% points) up5.3
Indicator Lesotho 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).

View methodology 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.

View methodology Time (days)
24 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.

View methodology Cost (% of income per capita)
13.0 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.

View methodology Paid-in Min. Capital (% of income per capita)
0.0 116.0 13.3
No. Procedure Time to Complete Associated Costs
1 Conduct a company name search and apply for business registration 7 days LSL 2 per page to certify the documents
* 2 Pay registration fee at the Accounting window, submit the receipt and obtain company registration documents and TIN number 1 day (simultaneous with previous procedure) LSL 500 for a domestic company + LSL 30 for search of company name
3 Have land lease stamped and pay the stamp duty 1 day no cost
4 Receive an inspection by the Public Health Inspector and obtain health certificate 14 days LSL 60
5 Apply for an operational license 1 day no charge
* 6 Pay the operational license fee at the Accounting window, submit the receipt and obtain operational license 1 day (simultaneous with previous procedure) LSL 650 for a retailer of domestic goods.
* 7 File for workman’s compensation with an insurance company 1 day (simultaneous with previous procedures) 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 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...

Explore Economy Data

Explore Economy Data


 - OR -

OTHER OPTIONS

Close