Sierra Leone

Ease of Doing Business in

Sierra Leone

This page summarizes Doing Business 2013 data for Sierra Leone. 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 5,997,486
GNI Per Capita (US$) 340
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
140 148 down 8

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
53.4 51.5 down 1.9
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 76 69 up -7
Dealing with Construction Permits 173 171 up -2
Getting Electricity 176 176 No change
Registering Property 167 170 up 3
Getting Credit 83 127 up 44
Protecting Investors 32 29 up -3
Paying Taxes 117 110 up -7
Trading Across Borders 131 132 up 1
Enforcing Contracts 147 145 up -2
Resolving Insolvency 154 157 up 3

Economy Profile

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Paying Taxes

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This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.

DB 2013 Rank 117 DB 2012 Rank 110 Change in Rank down-7
DB 2013 DTF** (% points) 64.3 DB 2012 DTF** (% points) 64.3 Improvement in DTF** (% points) 0.0
Indicator Sierra Leone Sub-Saharan Africa OECD

The total number of tax payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment and the number of agencies involved for a standardized case during the second year of operation.

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Payments (number per year)
33 39 12

The time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year).

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Time (hours per year)
357 319 176

The amount of taxes on profits paid by the business as a percentage of commercial profits.

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Profit tax (%)
17.6 19.0 15.2

The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.

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Labor tax and contributions (%)
11.3 13.3 23.8

The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.

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Other taxes (%)
3.3 25.5 3.7

The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

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Total tax rate (% profit)
32.1 57.8 42.7
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 5 15 30% taxable profit 17.6
Social security contributions 12 168 10% gross income 11.3
Municipal License fee 1 type of business 2
Vehicle tax 1 various rates cubic capacity 0.5
Fuel tax 1 SLL 307.38 per liter number of liters 0.4
Tax on interest 1 15% interest income 0.4
Goods and Services Tax 12 174 15% cost of materials 0 not included
Totals: 33 357 32.1

** 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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