Business Reforms in Burundi

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2013:

Positive Starting a Business:

Burundi made starting a business easier by eliminating the requirements to have company documents notarized, to publish information on new companies in a journal and to register new companies with the Ministry of Trade and Industry.


Positive Dealing with Construction Permits:

Burundi made obtaining a construction permit easier by eliminating the requirement for a clearance from the Ministry of Health and reducing the cost of the geotechnical study.


Positive Registering Property:

Burundi made property transfers faster by establishing a statutory time limit for processing property transfer requests at the land registry.


Positive Trading Across Borders:

Burundi reduced the time to trade across borders by enhancing its use of electronic data interchange systems, introducing a more efficient system for monitoring goods going through transit countries and improving border coordination with neighboring transit countries.


DB2012:

Positive Dealing with Construction Permits:

Burundi made dealing with construction permits easier by reducing the cost to obtain a geotechnical study.


Positive Protecting Investors:

Burundi strengthened investor protections by introducing new requirements for the approval of transactions between interested parties, by requiring greater corporate disclosure to the board of directors and in the annual report and by making it easier to sue directors in cases of prejudicial transactions between interested parties.


Positive Paying Taxes:

Burundi made paying taxes easier for companies by reducing the payment frequency for social security contributions from monthly to quarterly.


Positive Resolving Insolvency:

Burundi amended its commercial code to establish foreclosure procedures.


DB2011:

Positive Paying Taxes:

Burundi made paying taxes simpler by replacing the transactions tax with a value added tax.


DB2009:

Positive Registering Property:

Burundi made registering property cheaper by reducing the registration fee. These measures were in part motivated by the desire of these countries to pass the Millennium Challenge Corporation eligibility threshold.


DB2008:

Positive Registering Property:

Burundi made registering property cheaper by reducing the registration fee. These measures were in part motivated by the desire of these countries to pass the Millennium Challenge Corporation eligibility threshold.


Reform Summaries


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