Papua New Guinea

Ease of Doing Business in

Papua New Guinea

This page summarizes Doing Business 2015 data for Papua New Guinea. 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 Lower middle income
Population 7,321,262
GNI Per Capita (US$) 2,010
City covered Port Moresby
Doing Business 2015 Rank Doing Business 2014 Rank*** Change in Rank
133 131 down -2

Doing Business 2015 DTF** (% points) Doing Business 2014 DTF** (% points) Change in DTF** (% points)
55.78 55.79 down -0.01

Starting a Business


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 2015 Rank 130 DB 2014 Rank*** 122 Change in Rank down-8
DB 2015 DTF** (% points) 77.03 DB 2014 DTF** (% points) 76.97 Change in DTF** (% points) up0.06

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

Indicator Papua New Guinea East Asia & Pacific 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)
6.0 7.3 4.8

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)
53.0 34.4 9.2

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)
19.4 27.7 3.4

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)
0.0 256.4 8.8
No. Procedure Time to Complete Associated Costs
1 Obtain a company seal 4 days PGK 60
2 Reserve company name and complete the registration process 19 days PGK 560
3 Register with the Tax Authorities and the Employment Register 9 days no charge
4 Apply for a trade license from the National Capital District Commission 20 days PGK 50
* 5 Open an account at an Authorized Superannuation Fund (ASF) 9 days (simultaneous with previous procedure) no charge
* 6 Register workers with the private insurers for work injury 20 days (simultaneous with previous procedure) PGK 200
  * Takes place simultaneously with another procedure.

**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...

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

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