Mali

Ease of Doing Business in

Mali

This page summarizes Doing Business 2013 data for Mali. 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 Low income
Population 15,839,538
GNI Per Capita (US$) 610
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
151 145 down -6

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
50.7 49.7 down 1.0
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 118 115 up -3
Dealing with Construction Permits 99 93 up -6
Getting Electricity 115 111 up -4
Registering Property 91 91 No change
Getting Credit 129 127 up -2
Protecting Investors 150 147 up -3
Paying Taxes 166 167 up 1
Trading Across Borders 152 150 up -2
Enforcing Contracts 133 133 No change
Resolving Insolvency 120 118 up -2

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 118 DB 2012 Rank 115 Change in Rank down-3
DB 2013 DTF** (% points) 67.4 DB 2012 DTF** (% points) 66.1 Improvement in DTF** (% points) up1.3
YearNew business densityNumber of new limited liability companies
2011 6.1794,050
Indicator Mali 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)
4 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)
8 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)
86.2 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)
331.9 116.0 13.3
No. Procedure Time to Complete Associated Costs
1 Deposit the initial capital with a bank or a notary and obtain the certification. 1 day no charge
2 Notarize bylaws, sign an affidavit to certify of no criminal records and pay the registration fee at the notary. 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 administartor 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 offic 1 day XOF 9,750 for the legal stamps
4 Deposit registration documents at the One-Stop Shop 5 days registration and publication cost are included in the notary fees

** 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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