Swaziland

Ease of Doing Business in

Swaziland

This page shows summary Doing Business 2012 data for Swaziland. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. 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 Lower middle income
Population 1,201,904
GNI Per Capita (US$) 2,600.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
124 123 down -1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 161 157 up -4
Dealing with Construction Permits 47 48 up 1
Getting Electricity 158 161 up 3
Registering Property 128 161 up 33
Getting Credit 48 45 up -3
Protecting Investors 122 120 up -2
Paying Taxes 60 54 up -6
Trading Across Borders 148 144 up -4
Enforcing Contracts 171 170 up -1
Resolving Insolvency 69 67 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 2012 Rank 161 DB 2011 Rank 157 Change in Rank down-4
Indicator Swaziland 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)
12 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)
56 37 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)
29.2 81.2 4.7

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)
0.5 129.8 14.1
No. Procedure Time to Complete Associated Costs
1 Reserve name at the company registry 1 day SZL 20
2 Pay fee for reserving a name and registration fee 1 day included in previous procedure
3 Obtain tax clearance for company directors 1 day no charge
4 Preparation of articles of association and memorandum by a lawyer 2 days SZL 2000
5 Registration with the Company Registrar 21 days SZL 360
6 Request trading license 30 days SZL 50 to E10,000 (most likely a general services or manufacturing company would pay a license of E3,000 to E5,000, therefore E4,000 is a reasonable estimate for this fee)
* 7 Pay trading license fee 1 day (simultaneous with procedure 6) included in previous procedure
* 8 Obtain bank statement 1 day (simultaneous with procedure 6) no charge
* 9 Obtain company tax identification 1 day (simultaneous with procedure 6) no charge
* 10 Certificate of inspection by health department or city council 1 day (simultaneous with procedure 6) included in license cost
* 11 Register workers with Provident Fund 1 day (simultaneous with procedure 6) no charge
* 12 Enroll workers in worker's compensation insurance 1 day (simultaneous with procedure 6) no charge
* Takes place simultaneously with another procedure.

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