Tonga

Ease of Doing Business in

Tonga

This page shows summary Doing Business 2012 data for Tonga. 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 East Asia & Pacific
Income Category Lower middle income
Population 104,260
GNI Per Capita (US$) 3,380.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
58 62 down 4
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 33 30 up -3
Dealing with Construction Permits 32 35 up 3
Getting Electricity 29 32 up 3
Registering Property 141 124 up -17
Getting Credit 78 116 up 38
Protecting Investors 111 108 up -3
Paying Taxes 29 30 up 1
Trading Across Borders 77 68 up -9
Enforcing Contracts 53 55 up 2
Resolving Insolvency 108 110 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 33 DB 2011 Rank 30 Change in Rank down-3
Indicator Tonga 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)
4 7 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)
16 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)
10.3 22.7 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)
0.0 20.1 14.1
No. Procedure Time to Complete Associated Costs
1 Check the uniqueness of the proposed company name and reserve a name. 2 days TOP 80
2 Register the company with the Companies Office; obtain a certificate of incorporation 3 days TOP 400 (application to register) + TOP 80 (certificate of incorporation)
3 Obtain a business license from Ministry of Labor, Commerce, and Industry 7 days TOP 120
4 Register Consumption tax for income tax and consumption tax with the Internal Revenue Commission 3-4 days no charge

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