Swaziland

Ease of Doing Business in

Swaziland

This page summarizes Doing Business 2016 data for Swaziland. 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 Sub-Saharan Africa
Income Category Lower middle income
Population 1,267,704
GNI Per Capita (US$) 2,700
City covered Mbabane
Doing Business 2016 Rank Doing Business 2015 Rank
X

DOING BUSINESS 2015 RANK

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

Change in Rank
105 102 down -3

Doing Business 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

Doing Business 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

59.10 59.00 down 0.10
Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

Starting a Business

X

Starting a Business

The steps of launching a business are shown below. Included are: the number of procedures entrepreneurs can expect to go through to start up and formally operate an industrial or commercial business, as well as the time and cost to complete these procedures and the paid-in minimum capital requirement as a percentage of gross national income (GNI) per capita.

DB 2016 Rank 156 DB 2015 Rank
X

DOING BUSINESS 2015 RANK

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

146 Change in Rank down-10
DB 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

73.46 DB 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

73.47 Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

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...

down-0.01

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

Indicator Swaziland Sub-Saharan Africa OECD high income
Procedures (number)
X

Procedures (number)

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

12 8.0 4.7
Time (days)
X

Time (days)

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

30.0 26.8 8.3
Cost (% of income per capita)
X

Cost (% of income per capita)

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

23.4 53.4 3.2
Paid-in min. capital (% of income per capita)
X

Paid-in min. capital (% of income per capita)

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

0.4 45.1 9.6
No. Procedure Time to Complete Associated Costs
1 Reserve a unique company name at the Companies Registry 1 day SZL 20
2 Pay the name reservation and registration fees 1 day included in procedure 5
3 Obtain tax clearance for company directors 1 day no charge
4 Preparation of the memorandum and articles of association by a lawyer 2 days SZL 1,500 - SZL 3,000
5 Register with the Company Registrar 10 days SZL 360
6 Obtain a bank statement 1 day no charge
* 7 Obtain a company Tax Identification Number (TIN) 1 day (simultaneous with previous procedure) no charge
* 8 Receive inspection by the Health Department or City Council 1 day (simultaneous with previous procedure) included in license cost
9 Request and Obtain a trading license 12 days SZL 50 to SZL 10,000 (most likely a general services or manufacturing company would pay a license of SZL 3,000 to SZL 5,000, therefore SZL 4,000 is a reasonable estimate for this fee)
* 10 Pay the trading license fee 1 day (simultaneous with procedure 9) included in previous procedure
* 11 Register workers with the Provident Fund 1 day (simultaneous with procedure 9) no charge
* 12 Enroll workers in the worker's compensation insurance 1 day (simultaneous with procedure 9) no charge
  * Takes place simultaneously with another procedure.

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