#

Ease of Doing Business in

Trinidad and Tobago

Trinidad and Tobago Download Profile (1734.6KB, pdf)
Region Latin America & Caribbean
Income Category High income
Population 1,360,088
GNI Per Capita (US$) 18,600
City covered Port of Spain

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 96 92 down
4
60.99 61.07 down
0.08
Starting a Business 69 69
-
88.59 88.33 up
0.26
Dealing with Construction Permits 149 149
-
59.21 59.20 up
0.01
Getting Electricity 31 24 down
7
84.36 84.30 up
0.06
Registering Property 150 151 up
1
47.51 47.50 up
0.01
Getting Credit 44 42 down
2
65.00 65.00
-
Protecting Minority Investors 53 51 down
2
60.00 60.00
-
Paying Taxes 145 142 down
3
57.33 57.33
-
Trading across Borders 123 114 down
9
62.60 63.48 down
0.88
Enforcing Contracts 168 167 down
1
36.55 36.55
-
Resolving Insolvency 70 66 down
4
48.74 48.97 down
0.23

DB 2017 Rank:

123

DB 2016 Rank:

114

Change in Rank:

down9

DB 2017 DTF (% points):

62.60

DB 2016 DTF (% points):

63.48

Change in DTF (% points):

down0.88

Indicator Trinidad and Tobago Latin America & Caribbean OECD high income
Time to export: Border compliance (hours) info_outline 60 64 12
Cost to export: Border compliance (USD) info_outline 499 527 150
Time to export: Documentary compliance (hours) info_outline 32 56 3
Cost to export: Documentary compliance (USD) info_outline 250 111 36
Time to import: Border compliance (hours) info_outline 78 66 9
Cost to import: Border compliance (USD) info_outline 635 685 115
Time to import: Documentary compliance (hours) info_outline 44 83 4
Cost to import: Documentary compliance (USD) info_outline 250 120 26
Characteristics Export Import
Product HS 28 : Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes HS 8708: Parts and accessories of motor vehicles
Trade partner United States Japan
Border Point Lisas port Port of Spain port
Distance (km) 40 3
Domestic transport time (hours) 4 2
Domestic transport cost (USD) 483 330
Export documents
Certificate of Origin
Bill of lading
Commercial invoice
Customs export declaration (Form C82)
Packing list
Customs release order
Caricom Invoice
Import documents
Caricom Invoice
Certificate of Origin
Bill of lading
Commercial invoice
Customs import declaration (Form C82):
Packing list
Bill of sight
Confirmation receipt of payment for customs related fees
Declaration form (Form C 75)
Delivery note to exit the port
Delivery order
Terminal handling charges