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.

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.


DB2008:

Positive Registering Property:

The cost of registering property was reduced by reducing the registration or transfer tax. 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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