Yemen, Rep.

Starting a Business in

Yemen, Rep.

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Yemen, Rep.. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 185 economies. The most recent round of data collection was completed in June 2012.

Compare Yemen, Rep. to 184 other economies.

YearNew business densityNumber of new limited liability companies
2011 3.0021,624

  • Standardized Company

  • Legal Form: Limited Liability Company
  • Paid in Minimum Capital Requirement: None
  • City: Sana'a

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No. Procedure Time to Complete Associated Costs
1 Pick up the specimen application from the Commercial Register


1 day nominal
2 Name reservation, license application, AOA signiture, publication and registration at the Ministry of Trade & Industry

• Registration trade name: YER 14,220
• Company incorporation fees: YER 15,000
• Publication of company in official gazette: YER 30,000
• Publication of company in trade magazine: YER 16,000
• Publication of trade registration: YER 20,000
• Trade Registration card: YER 1,020
4 weeks Registration trade name YER 14,220; Company incorporation fees YER 15,000; Publication of company in official gazette YER 30,000; Publication of company in trade magazine YER 16,000; Publication of trade registration YER 20,000; Trade Registration card YER 1,020
3 Register as taxpayer with the General Taxes Department for the payment of income tax, obtain taxation card, and register the employees and register for other taxes


1 day no charge
4 Apply for Chamber of Commerce membership


1 day YER 18,900
5 Apply to the municipality to obtain license

Founders must indicate the type of business at the time of application. The permit number must be displayed in the office. The cost includes fees for the City of Sanaa Trust Office.
1 week YER 80,000
6 Register employees for the social security

The firm must register all its workers with the Ministry of Social Security if it employs more than two employees. This requirement is implemented strictly. The firm must send a full list of employees in a prescribed form that includes their salaries. Each month, the employer must deposit 15% of employee salary in the Social Security Fund. Of this, 9% of the salary is contributed by the employer and 6% is deducted from the employee’s salary.
2 days no charge
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