= Doing Business reform making it easier to do business.
= Doing Business reform making it more difficult to do business.
DB2012:
Registering Property:
Cape Verde made registering property faster by implementing time limits for the notaries and the land registry.
Getting Credit:
Cape Verde improved its credit information system by introducing a new online platform and by starting to provide 5 years of historical data.
Resolving Insolvency:
Cape Verde introduced qualification requirements for insolvency administrators and a shorter time frame for liquidation proceedings.
DB2011:
Starting a Business:
Cape Verde made business start-up easier by eliminating the need for a municipal inspection before a business begins operations and computerizing the system for delivering the municipal license.
Registering Property:
Cape Verde eased property registration by switching from fees based on a percentage of the property value to lower fixed rates.
Paying Taxes:
Cape Verde abolished the stamp duties on sales and checks.
DB2010:
Starting a Business:
Cape Verde eased the business startup process by implementing an company online registration system.
Getting Credit:
Cape Verde improved its access to credit information by introducing on-line capacities for providers and retrievers of information. At the same time, Cape Verde raised the minimum loan threshold for individuals from 1000 CVE to 5000 CVE.
Paying Taxes:
Cape Verde reduced tax burden on businesses by reducing the corporate income tax rates from 30% to 25%.