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Ease of Doing Business in

Mali

Mali Download Profile (1728.5KB, pdf)
Region Sub-Saharan Africa
Income Category Low income
Population 17,599,694
GNI Per Capita (US$) 790
City covered Bamako

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 141 143 up
2
52.96 50.71 down
2.25
Starting a Business 108 172 up
64
84.12 66.05 up
18.07
Dealing with Construction Permits 142 146 up
4
61.02 59.65 up
1.37
Getting Electricity 152 152
-
50.60 48.95 up
1.65
Registering Property 135 139 up
4
50.37 50.08 up
0.29
Getting Credit 139 134 down
5
30.00 30.00
-
Protecting Minority Investors 145 145
-
40.00 40.00
-
Paying Taxes 144 141 down
3
57.50 57.50
-
Trading across Borders 89 88 down
1
70.79 70.79
-
Enforcing Contracts 156 155 down
1
43.73 43.73
-
Resolving Insolvency 99 100 up
1
41.46 40.35 up
1.11

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

DB 2017 Rank: 108

DB 2016 Rank: 172

Change in Rank: up64

DB 2017 DTF (% points): 84.12

DB 2016 DTF (% points): 66.05

Change in DTF (% points): up18.07

Standardized Company
Legal form: Société à Responsabilité Limitée (SARL) - Limited Liability Company
Paid-in minimum capital requirement: XOF 25,000
City: Bamako
Indicator Mali Sub-Saharan Africa OECD high income
Procedure – Men (number) info_outline 5.0 7.8 4.8
Time – Men (days) info_outline 8.5 27.3 8.3
Cost – Men (% of income per capita) info_outline 61.0 54.0 3.1
Procedure – Women (number) info_outline 5.0 7.9 4.8
Time – Women (days) info_outline 8.5 27.5 8.3
Cost – Women (% of income per capita) info_outline 61.0 54.1 3.1
Paid-in min. capital (% of income per capita) info_outline 5.9 33.1 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Deposit the initial capital with a bank or a notary and obtain the certification.

    Agency: Bank or Public Notary

    The initial capital must be deposited with a bank, directly or through a public notary.
    1 day no charge
    2

    Notarize bylaws, sign an affidavit to certify of no criminal records and pay the registration fee at the notary.

    Agency: Notary

    "A notary public is required by law. The notary fee is fixed at XOF 250,000 if the capital of the SARL is the legal minimum of XOF 1 million.
    The fee includes the drafting of statutes, registration, stamps, registration at court, announcement in a legal journal, one stop shop administrative fees and administrative fees for notary and assistants.

    Since March 2009, the entrepreneur can sign an affidavit to certify that he has no criminal records, and continue the procedures while he waits to get two copies of the criminal record required for the manager of the SARL after registration. A birth certificate is not needed. The criminal record must be obtained at the court of the founder's place of birth. A photocopy of each shareholder’s identity card is required (instead of a birth certificate)."
    1 day XOF 250,000 (including notary fee and OSS service fee)
    3

    Purchase legal stamps from the window of the representative of the tax administrator at the One-stop-shop for the Authorization to operate, application for the Impots (Taxes), application for the Tribunal de Commerce, application for the statistical office, proof of payment of the patente.

    Agency: Agence de Promotion de l'Investissement

    Purchase fiscal stamps from the window of the representative of the tax administrator at the One-stop-shop for the Authorization to operate, application for the Impots (Taxes), application for the Tribunal de Commerce, application for the statistical office, proof of payment of the patente.
    1 day XOF 9,750 for the legal stamps
    4

    Deposit registration documents at the One-Stop Shop

    Agency: Agence de Promotion de l'Investissement

    The applicant submits all company documents and forms at the front desk to register the companies with all the services at the One-stop shop.
    5 days Registration costs are included in the notary fees
    5

    Publication of the notice of incorporation in a journal

    Agency: Press

    Since March 2015, the one-stop shop regularly publishes the notice of incorporation of new companies in their website.
    Less than one day (online procedure) The cost of publication is included in the notary fees.