Former French colonies Compared by Economy > Entrepreneurship > Starting a Business > Index ranking

DEFINITION: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.


1 Chad 154 2005
2 Haiti 149 2005
3 Togo 148 2005
4 Mauritania 146 2005
5 Guinea 145 2005
6 Mali 143 2005
7 Niger 142 2005
8 Mozambique 139 2005
9 Burkina Faso 138 2005
10 Cambodia 137 2005
11 Syria 135 2005
12 Cameroon 133 2005
13 Cote d'Ivoire 130 2005
14 Senegal 125 2005
15 Madagascar 124 2005
16 Central African Republic 112 2005
17 Algeria 109 2005
18 Benin 107 2005
19 Laos 102 2005
20 Lebanon 99 2005
21 Vietnam 82 2005
22 Morocco 50 2005
23 Tunisia 40 2005


Former French colonies Compared by Economy > Entrepreneurship > Starting a Business > Index ranking


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