Business Reforms in São Tomé and Príncipe

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

DB2013:

Negative Dealing with Construction Permits:

São Tomé and Príncipe made obtaining a construction permit more expensive by increasing the fees.


DB2012:

Positive Starting a Business:

São Tomé and Príncipe made starting a business easier by establishing a one-stop shop, eliminating the requirement for an operating license for general commercial companies and simplifying publication requirements.


Positive Dealing with Construction Permits:

São Tomé and Príncipe made dealing with construction permits easier by reducing the time required to process building permit applications.


Positive Registering Property:

São Tomé and Príncipe made registering property less costly by lowering property transfer taxes.


Positive Trading Across Borders:

São Tomé and Príncipe made trading across borders faster by adopting legislative, administrative and technological improvements.


DB2011:

Negative Starting a Business:

São Tomé and Principe made starting a business more difficult by introducing a minimum capital requirement for limited liability companies.


Positive Paying Taxes:

São Tomé and Principe reduced the corporate income tax rate to a standard 25%.


Reform Summaries

Reform Summaries

Close