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Economy Profile:
Côte d'Ivoire
© 2012 The International Bank for Reconstruction and Development /
The World Bank
1818 H Street NW
Washington, DC 20433
Telephone 202-473-1000
Internet www.worldbank.org


All rights reserved.
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A copublication of The World Bank and the International Finance Corporation.
This volume is a product of the staff of the World Bank Group. The findings,
interpretations and conclusions expressed in this volume do not necessarily
reflect the views of the Executive Directors of the World Bank or the
governments they represent. The World Bank does not guarantee the accuracy
of the data included in this work.
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pubrights@worldbank.org.
Copies of Doing Business 2012: Doing Business in a More Transparent World,
Doing Business 2011: Making a Difference for Entrepreneurs, Doing Business
2010: Reforming through Difficult Times, Doing Business 2009, Doing Business
2008, Doing Business 2007: How to Reform, Doing Business in 2006: Creating
Jobs, Doing Business in 2005: Removing Obstacles to Growth and Doing Business
in 2004: Understanding Regulations may be downloaded at
www.doingbusiness.org.
ISBN: 978-0-8213-8833-4
E-ISBN: 978-0-8213-8834-1
DOI:    10.1596/978-0-8213-8833-4
ISSN: 1729-2638


Printed in the United States
Doing Business 2012                          Côte d'Ivoire                                                                                  3




CONTENTS


Introduction .................................................................................................................................. 4
The business environment .......................................................................................................... 5
Starting a business ..................................................................................................................... 14
Dealing with construction permits ........................................................................................... 24
Getting electricity ....................................................................................................................... 34
Registering property .................................................................................................................. 40
Getting credit .............................................................................................................................. 49
Protecting investors ................................................................................................................... 56
Paying taxes ................................................................................................................................ 66
Trading across borders .............................................................................................................. 74
Enforcing contracts .................................................................................................................... 83
Resolving insolvency .................................................................................................................. 90
Data notes ................................................................................................................................... 96
Resources on the Doing Business website ............................................................................ 101
Doing Business 2012                 Côte d'Ivoire                                                               4




INTRODUCTION
Doing Business sheds light on how easy or difficult it is   (except for the paying taxes indicators, which cover the
for a local entrepreneur to open and run a small to         period January–December 2010).
medium-size business when complying with relevant
                                                            The Doing Business methodology has limitations. Other
regulations. It measures and tracks changes in
                                                            areas important to business—such as an economy’s
regulations affecting 10 areas in the life cycle of a
                                                            proximity to large markets, the quality of its
business: starting a business, dealing with construction
                                                            infrastructure services (other than those related to
permits, getting electricity, registering property,
                                                            trading across borders and getting electricity), the
getting credit, protecting investors, paying taxes,
                                                            security of property from theft and looting, the
trading across borders, enforcing contracts and
                                                            transparency      of     government       procurement,
resolving insolvency.
                                                            macroeconomic conditions or the underlying strength
In a series of annual reports Doing Business presents       of institutions—are not directly studied by Doing
quantitative indicators on business regulations and the     Business. The indicators refer to a specific type of
protection of property rights that can be compared          business, generally a local limited liability company
across 183 economies, from Afghanistan to Zimbabwe,         operating in the largest business city. Because
over time. The data set covers 46 economies in Sub-         standard assumptions are used in the data collection,
Saharan Africa, 32 in Latin America and the Caribbean,      comparisons and benchmarks are valid across
24 in East Asia and the Pacific, 24 in Eastern Europe       economies. The data not only highlight the extent of
and Central Asia, 18 in the Middle East and North           obstacles to doing business; they also help identify the
Africa and 8 in South Asia, as well as 31 OECD high-        source of those obstacles, supporting policy makers in
income economies. The indicators are used to analyze        designing regulatory reform.
economic outcomes and identify what reforms have
                                                            More information is available in the full report. Doing
worked, where and why.
                                                            Business 2012 presents the indicators, analyzes their
This economy profile presents the Doing Business            relationship  with    economic       outcomes      and
indicators for Côte d'Ivoire. To allow useful               recommends regulatory reforms. The data, along with
comparison, it also provides data for other selected        information on ordering Doing Business 2012, are
economies (comparator economies) for each indicator.        available on the Doing Business website at
The data in this report are current as of June 1, 2011      http://www.doingbusiness.org.
Doing Business 2012                     Côte d'Ivoire                                                                            5




THE BUSINESS ENVIRONMENT


For policy makers trying to improve their economy’s
regulatory environment for business, a good place to                      ECONOMY OVERVIEW
start is to find out how it compares with the regulatory
environment in other economies. Doing Business
provides an aggregate ranking on the ease of doing
                                                                          Region: Sub-Saharan Africa
business based on indicator sets that measure and
benchmark regulations applying to domestic small to                       Income category: Lower middle income
medium-size businesses through their life cycle.
Economies are ranked from 1 to 183 by the ease of                         Population: 21,570,746
doing business index. For each economy the index is
calculated as the ranking on the simple average of its                    GNI per capita (US$): 1,070.00
percentile rankings on each of the 10 topics included in
the index in Doing Business 2012: starting a business,                    DB2012 rank: 167
dealing with construction permits, getting electricity,
registering property, getting credit, protecting                          DB2011 rank: 170
investors, paying taxes, trading across borders,
                                                                          Change in rank: 3
enforcing contracts and resolving insolvency. The
ranking on each topic is the simple average of the
percentile rankings on its component indicators (see                      Note: See the data notes for sources and
the data notes for more details).
                                  1                                       definitions.

The aggregate ranking on the ease of doing business
benchmarks each economy’s performance on the
indicators against that of all other economies in the
Doing Business sample (figure 1.1). While this ranking
tells much about the business environment in an
economy, it does not tell the whole story. The ranking on
the ease of doing business, and the underlying
indicators, do not measure all aspects of the business
environment that matter to firms and investors or that
affect the competitiveness of the economy. Still, a high
ranking does mean that the government has created a
regulatory environment conducive to operating a
business.




1
  Except for the ease of getting credit, for which the percentile rankings on its component indicators are weighted, the depth of credit
information index at 37.5% and the strength of legal rights index at 62.5%.
Doing Business 2012               Côte d'Ivoire                                      6



THE BUSINESS ENVIRONMENT

Figure 1.1 Where economies stand in the global ranking on the ease of doing business




Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                           7



THE BUSINESS ENVIRONMENT
For policy makers, knowing where their economy            the regional average (figure 1.2). The economy’s
stands in the aggregate ranking on the ease of doing      rankings on the topics included in the ease of doing
business is useful. Also useful is to know how it ranks   business index provide another perspective (figure
compared with other economies and compared with           1.3).


Figure 1.2 How Côte d'Ivoire and comparator economies rank on the ease of doing business




Source: Doing Business database.
Doing Business 2012               Côte d'Ivoire             8



THE BUSINESS ENVIRONMENT

Figure 1.3 How Côte d'Ivoire ranks on Doing Business topics




Source: Doing Business database.
Doing Business 2012                   Côte d'Ivoire                                                                    9



THE BUSINESS ENVIRONMENT
Just as the overall ranking on the ease of doing               This measure shows the distance of each economy to
business tells only part of the story, so do changes in        the ―frontier,‖ a synthetic measure based on the most
that ranking. Yearly movements in rankings can                 efficient practice or highest score observed for each
provide some indication of changes in an economy’s             Doing Business indicator across all economies and
regulatory environment for firms, but they are always          years included in the Doing Business sample since
relative. An economy’s ranking might change because            2005. Nine areas of business regulation are covered.
of developments in other economies. An economy that
                                                               Comparing the measure for an economy at 2 points in
implemented business regulation reforms may fail to
                                                               time allows users to assess how much the economy’s
rise in the rankings (or may even drop) if it is passed
                                                               regulatory environment as measured by Doing
by others whose business regulation reforms had a
                                                               Business has changed over time—how far it has moved
more significant impact as measured by Doing
                                                               toward (or away from) the most efficient practices and
Business.
                                                               strongest regulations in areas covered by Doing
Moreover, year-to-year changes in the overall rankings         Business (figure 1.4). The results may show that the
do not reflect how the business regulatory                     pace of change varies widely across the areas
environment in an economy has changed over time—               measured. They also may show that an economy is
or how it has changed in different areas. To aid in            relatively close to the frontier in some areas and
assessing such changes, Doing Business 2012                    relatively far from it in others.
introduces the distance to frontier measure.

Figure 1.4 How far has Côte d'Ivoire come in the areas measured by Doing Business?
Distance to frontier, 2005 and 2011




Note: For economies added to the Doing Business sample after 2005, the starting point is the year in which they were added: 2006 for
Montenegro; 2007 for Brunei Darussalam, Liberia and Luxembourg; 2008 for The Bahamas, Bahrain and Qatar; and 2009 for Cyprus and
Kosovo. See the data notes for more details on the distance to frontier measure.
Source: Doing Business database.
Doing Business 2012                               Côte d'Ivoire                                                                                                                                             10




THE BUSINESS ENVIRONMENT
The absolute values of the indicators tell another part                                                    business regulation—such as a regulatory process that
of the story (table 1.1). The indicators, on their own or                                                  can be completed with a small number of procedures
in comparison with the indicators of a good practice                                                       in a few days and at a low cost. Comparison of the
economy or those of comparator economies in the                                                            economy’s indicators today with those in the previous
region, may reveal bottlenecks reflected in large                                                          year may show where substantial bottlenecks persist—
numbers of procedures, long delays or high costs. Or                                                       and where they are diminishing.
they may reveal unexpected strengths in an area of


Table 1.1 Summary of Doing Business indicators for Côte d'Ivoire




                                                                                                                                                                                    Best performer globally
                             Côte d'Ivoire DB2012




                                                     Côte d'Ivoire DB2011




                                                                                           Burkina Faso DB2012




                                                                                                                                                Senegal DB2012
                                                                                                                               Nigeria DB2012
 Indicator
                                                                            Benin DB2012




                                                                                                                                                                 Togo DB2012
                                                                                                                 Mali DB2012




                                                                                                                                                                                    DB2012
 Starting a Business
                               170                     171                   154             116                  115           116                 93            174           New Zealand (1)
(rank)


Procedures (number)                10                      10                     6                  3                 4              8                3               7          Canada (1)*


Time (days)                        32                      40                   29               13                    8           34                  5            84          New Zealand (1)


 Cost (% of income per
                            132.6                    133.0                  149.9          47.7                  90.5          70.6             68.0             177.2           Denmark (0.0)*
capita)

Paid-in Min. Capital (%
                            200.4                    202.9                  280.4          373.3                 348.3            0.0           203.0            484.5         82 Economies (0.0)*
of income per capita)

 Dealing with
                                                                                                                                                                                Hong Kong SAR,
Construction Permits           169                     168                   117                 59                 95             84            125              146
                                                                                                                                                                                   China (1)
(rank)


Procedures (number)                18                      18                   12               12                 11             15               13              12            Denmark (5)


Time (days)                    583                     583                   372                 98               179              85            210              309            Singapore (26)*


 Cost (% of income per
                            204.8                    207.3                  132.6          345.0                 439.3         504.8            435.2            994.0             Qatar (1.1)
capita)
Doing Business 2012                               Côte d'Ivoire                                                                                                                                               11




                                                                                                                                                                                      Best performer globally
                             Côte d'Ivoire DB2012




                                                     Côte d'Ivoire DB2011




                                                                                            Burkina Faso DB2012




                                                                                                                                                 Senegal DB2012
                                                                                                                                Nigeria DB2012
 Indicator




                                                                             Benin DB2012




                                                                                                                                                                  Togo DB2012
                                                                                                                  Mali DB2012




                                                                                                                                                                                      DB2012
Getting Electricity (rank)         73                      76                 140             139                  113           176              168                92              Iceland (1)


Procedures (number)                    5                       5                   4                  4                 4              8                6               4          Germany (3)*


Time (days)                        33                      33                 158             158                  120           260              125                74            Germany (17)


 Cost (% of income per
                             4002.3                 4137.0                  15205.3 13356.8                       4397.7        1056.0           5938.9           6023.2             Japan (0.0)
capita)

 Registering Property
                               158                     154                    130             111                    91          180              171              162            New Zealand (3)
(rank)


Procedures (number)                    6                       6                   4                  4                 5           13                  6               5           Portugal (1)*


Time (days)                        62                      62                 120                 59                 29             82            122              295              Portugal (1)


 Cost (% of property
                              13.9                   13.9                    11.8           12.8                   12.1          20.8             20.3             13.0         Slovak Republic (0.0)
value)


Getting Credit (rank)          126                     152                    126             126                  126              78            126              126          United Kingdom (1)*


 Strength of legal rights
                                       6                       3                   6                  6                 6              9                6               6        New Zealand (10)*
index (0-10)

 Depth of credit
                                       1                       1                   1                  1                 1              0                1               1            Japan (6)*
information index (0-6)

 Public registry coverage
                                 2.6                     2.6                 10.7               1.8                 3.7            0.1              4.5             2.5            Portugal (86.2)
(% of adults)

 Private bureau coverage
                                 0.0                     0.0                    0.0             0.0                 0.0            0.0              0.0             0.0         New Zealand (100.0)*
(% of adults)

 Protecting Investors
                               155                     153                    155             147                  147              65            166              147            New Zealand (1)
(rank)

 Extent of disclosure
                                       6                       6                   6                  6                 6              5                6               6           France (10)*
index (0-10)
Doing Business 2012                               Côte d'Ivoire                                                                                                                                             12




                                                                                                                                                                                    Best performer globally
                             Côte d'Ivoire DB2012




                                                     Côte d'Ivoire DB2011




                                                                                           Burkina Faso DB2012




                                                                                                                                                Senegal DB2012
                                                                                                                               Nigeria DB2012
 Indicator




                                                                            Benin DB2012




                                                                                                                                                                 Togo DB2012
                                                                                                                 Mali DB2012




                                                                                                                                                                                    DB2012
 Extent of director
                                       1                       1                  1                  1                 1              7                1               1        Singapore (9)*
liability index (0-10)

 Ease of shareholder suits
                                       3                       3                  3                  4                 4              5                2               4       New Zealand (10)*
index (0-10)

Strength of investor
                                 3.3                     3.3                   3.3             3.7                 3.7            5.7              3.0             3.7         New Zealand (9.7)
protection index (0-10)


Paying Taxes (rank)            159                     153                   170             147                  163           138              174              161             Canada (8)


 Payments (number per
                                   62                      64                   55               46                 59             35               59              53            Norway (4)
year)


Time (hours per year)          270                     270                   270             270                  270           938              666              270          Luxembourg (59)


 Trading Across Borders
                               161                     160                   129             175                  146           149                 65              98           Singapore (1)
(rank)

 Documents to export
                                   10                      10                     7              10                    6           10                  6               6           France (2)
(number)

                                                                                                                                                                               Hong Kong SAR,
Time to export (days)              25                      25                   30               41                 26             24               11              24
                                                                                                                                                                                 China (5)*

 Cost to export (US$ per
                             1969                    1969                   1049           2412                  2202          1263             1098              940           Malaysia (450)
container)

 Documents to import
                                       9                       9                  8              10                    9              9                5               8           France (2)
(number)


Time to import (days)              36                      36                   32               49                 31             39               14              28           Singapore (4)


 Cost to import (US$ per
                             2577                    2577                   1496           4030                  3067          1440             1740             1109           Malaysia (435)
container)

 Enforcing Contracts
                               124                     124                   176             108                  132              97            145              151           Luxembourg (1)
(rank)
Doing Business 2012                                Côte d'Ivoire                                                                                                                                           13




                                                                                                                                                                                   Best performer globally
                              Côte d'Ivoire DB2012




                                                      Côte d'Ivoire DB2011




                                                                                            Burkina Faso DB2012




                                                                                                                                                 Senegal DB2012
                                                                                                                                Nigeria DB2012
 Indicator




                                                                             Benin DB2012




                                                                                                                                                                  Togo DB2012
                                                                                                                  Mali DB2012




                                                                                                                                                                                   DB2012
Time (days)                     770                     770                   795             446                  620           457              780              588          Singapore (150)


Cost (% of claim)             41.7                    41.7                   64.7           81.7                  52.0          32.0             26.5             47.5           Bhutan (0.1)


Procedures (number)                 33                      33                   42               37                 36             40               43              41          Ireland (21)*


 Resolving Insolvency
                                    70                      81                127             103                  111              99               86              93            Japan (1)
(rank)


Time (years)                      2.2                     2.2                   4.0             4.0                 3.6            2.0              3.0             3.0          Ireland (0.4)


Cost (% of estate)                  18                      18                   22                   9              18             22                  7            15         Singapore (1)*


 Recovery rate (cents on
                              37.6                    32.8                   20.2           27.3                  24.9          28.2             32.0             30.5           Japan (92.7)
the dollar)

Note: The methodology for the paying taxes indicators changed in Doing Business 2012; see the data notes for details. For these
indicators, the best performer globally is the economy that has implemented the most efficient practices in its tax system and is
not necessarily the one with the highest ranking. For more information on “no practice” marks, see the data notes for details.
* Two or more economies share the top ranking on this indicator. A number shown in place of an economy’s name indicates the
number of economies that share the top ranking on the indicator. For a list of these economies, see the Doing Business website
(http://www.doingbusiness.org).
Source: Doing Business database.
Doing Business 2012                 Côte d'Ivoire                                                          14




STARTING A BUSINESS
Formal registration of companies has many                   WHAT THE STARTING A BUSINESS
immediate benefits for the companies and for
business owners and employees. Legal entities can           INDICATORS MEASURE
outlive their founders. Resources are pooled as
several shareholders join forces to start a company.        Procedures to legally start and operate a
Formally registered companies have access to                company (number)
services and institutions from courts to banks as
                                                             Preregistration (for example, name
well as to new markets. And their employees can
                                                             verification or reservation, notarization)
benefit from protections provided by the law. An
additional benefit comes with limited liability              Registration in the economy’s largest
companies. These limit the financial liability of            business city
company owners to their investments, so personal
                                                             Postregistration (for example, social security
assets of the owners are not put at risk. Where
                                                             registration, company seal)
governments make registration easy, more
entrepreneurs start businesses in the formal sector,        Time required to complete each procedure
creating more good jobs and generating more                 (calendar days)
revenue for the government.
                                                             Does not include time spent gathering
What do the indicators cover?                                information

Doing Business measures the ease of starting a               Each procedure starts on a separate day
business in an economy by recording all
                                                             Procedure completed once final document is
procedures that are officially required or commonly          received
done in practice by an entrepreneur to start up and
formally operate an industrial or commercial                 No prior contact with officials
business—as well as the time and cost required to           Cost required to complete each procedure
complete these procedures. It also records the              (% of income per capita)
paid-in minimum capital that companies must
deposit before registration (or within 3 months).            Official costs only, no bribes
The ranking on the ease of starting a business is            No professional fees unless services required
the simple average of the percentile rankings on             by law
the 4 component indicators: procedures, time, cost
and paid-in minimum capital requirement.                    Paid-in minimum capital (% of income
                                                            per capita)
To make the data comparable across economies,
Doing Business uses several assumptions about the            Deposited in a bank or with a notary before
business and the procedures. It assumes that all             registration (or within 3 months)
information is readily available to the entrepreneur        Has a start-up capital of 10 times income per
and that there has been no prior contact with                capita.
officials. It also assumes that all government and
nongovernment entities involved in the process              Has a turnover of at least 100 times income per
                                                             capita.
function without corruption. And it assumes that
the business:                                               Does not qualify for any special benefits.
    Is a limited liability company, located in the         Does not own real estate.
     largest business city.
                                                            Is 100% domestically owned.
    Conducts general commercial or industrial
     activities.
Doing Business 2012                    Côte d'Ivoire                                                                15




STARTING A BUSINESS

Where does the economy stand today?
What does it take to start a business in Côte d'Ivoire?           costs 132.6% of income per capita and requires paid-in
According to data collected by Doing Business, starting           minimum capital of 200.4% of income per capita
a business there requires 10 procedures, takes 32 days,           (figure 2.1).

Figure 2.1 What it takes to start a business in Côte d'Ivoire
Paid-in minimum capital (% of income per capita): 200.4




Note: For details on the procedures reflected here, see the summary at the end of this chapter.
Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                           16




STARTING A BUSINESS
Globally, Côte d'Ivoire stands at 170 in the ranking of   and the regional average ranking provide other useful
183 economies on the ease of starting a business          information for assessing how easy it is for an
(figure 2.2). The rankings for comparator economies       entrepreneur in Côte d'Ivoire to start a business.


Figure 2.2 How Côte d'Ivoire and comparator economies rank on the ease of starting a business




Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                                         17




STARTING A BUSINESS

What are the changes over time?
While the most recent Doing Business data reflect how            the process have changed—and which have not (table
easy (or difficult) it is to start a business in Côte            2.1). That can help identify where the potential for
d'Ivoire today, data over time show which aspects of             improvement is greatest.

Table 2.1 The ease of starting a business in Côte d'Ivoire over time
By Doing Business report year


Indicator                     DB2004 DB2005 DB2006 DB2007 DB2008 DB2009 DB2010 DB2011 DB2012

Rank                              ..         ..        ..         ..         ..         ..          ..        171        170

Procedures (number)              11         11        11         11         10          10         10         10          10

Time (days)                      62         58        45         45         40          40         40         40          32

 Cost (% of income per
                               139.5      133.6      134.9      134.1      135.8      135.1      133.3       133.0      132.6
capita)
Paid-in Min. Capital (%
                               212.5      222.3      225.2      226.7      219.8      215.9      204.9       202.9      200.4
of income per capita)

Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes to
the methodology.
Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                             18




STARTING A BUSINESS
Equally helpful may be the benchmarks provided by         Côte d'Ivoire on ways to improve the ease of starting a
the economies that today have the best performance        business. And changes in regional averages can show
regionally or globally on the procedures, time, cost or   where Côte d'Ivoire is keeping up—and where it is
paid-in minimum capital required to start a business      falling behind.
(figure 2.3). These economies may provide a model for

Figure 2.3 Has starting a business become easier over time?

Procedures (number)




Time (days)
Doing Business 2012                  Côte d'Ivoire                                                                     19




STARTING A BUSINESS
Cost (% of income per capita)




Paid-in minimum capital (% of income per capita)




Note: The economy with the best performance regionally on each indicator, and the economy with the best performance
globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an
indicator. In the case of paid-in minimum capital, 82 economies globally and economies in Sub-Saharan Africa have no
paid-in minimum capital.
Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                               20




STARTING A BUSINESS
Economies around the world have taken steps making                greater firm satisfaction and savings and more
it easier to start a business—streamlining procedures             registered businesses, financial resources and job
by setting up a one-stop shop, making procedures                  opportunities.
simpler or faster by introducing technology and
                                                                  What business registration reforms has Doing Business
reducing or eliminating minimum capital requirements.
                                                                  recorded in Côte d'Ivoire (table 2.2)?
Many have undertaken business registration reforms in
stages—and they often are part of a larger regulatory
reform program. Among the benefits have been

Table 2.2 How has Côte d'Ivoire made starting a business easier—or not?
By Doing Business report year


  DB Year             Reform

                      Côte d’Ivoire made starting a business easier by reorganizing
  DB2012              the court clerk’s office where entrepreneurs file their
                      company documents.

  DB2011              No reform.

  DB2010              No reform.

  DB2009              No reform.


Note: For information on reforms in earlier years (back to DB2005), see the Doing Business reports
for these years, available at http://www.doingbusiness.org.
Source: Doing Business database.
Doing Business 2012                      Côte d'Ivoire                                                                          21




STARTING A BUSINESS

What are the details?
Underlying the indicators shown in this chapter for
                                                                  STANDARDIZED COMPANY
Côte d'Ivoire is a set of specific procedures—the
bureaucratic and legal steps that an entrepreneur
must complete to incorporate and register a new                    City: Abidjan
firm. These are identified by Doing Business
through     collaboration    with   relevant    local              Legal Form: Société à Responsabilité Limitée (SARL) - Limited
professionals and the study of laws, regulations and               Liability Company
publicly available information on business entry in                Start-up capital: 10 times GNI per capita
that economy. Following is a detailed summary of
those procedures, along with the associated time                   Paid-in minimum capital (% of income per
and cost. These procedures are those that apply to                 capita): 200.4
a company matching the standard assumptions
(the ―standardized company‖) used by Doing
Business in collecting the data (see the section in
this chapter on what the indicators measure).
Summary of procedures for starting a business in Côte d'Ivoire—and the time and cost

                                                                                         Time to
 No.    Procedure                                                                                         Cost to complete
                                                                                        complete
       Deposit the initial capital in a bank and obtain a receipt
   1                                                                                      1 day               no charge


       Obtain two extracts of the criminal record of the managers
   2                                                                                      4 days              XOF 3000


       * A notary certifies the paid-in capital

       The procedure varies according if the notary deposits the capital or if                           10% of initial capital
                                                                                   2 days (simultaneous
       the applicant deposits the capital.                                                              (including notary fees,
   3                                                                                   with previous
       If the capital is deposited in a bank account, the deposit attestation :                             registration and
                                                                                        procedure)
       "l'attestation de dépôt" is usually given the same or the following day                                stamps cost)
       depending on the bank. If the applicant goes to the notary to deposit
       the min capital, then it takes un minimum of 7 days.
       Register with the Direction de l’Enregistrement et du Timbre

       Registration with Direction de l'Enregistrement et du Timbre must take
       place within a month of the date of signing of the statutes. Otherwise,
       the registration and stamp duty fees double.
                                                                                                        included in procedure
   4   Duty:                                                                              7 days
                                                                                                                  3
       - If capital is less than or equal to FCFA 5 billion: 0.6% of capital.
       - If capital is FCFA 5 billion or more: 0.2% of capital.

       Stamps duties must be paid on articles of incorporation as well as on
       the notary statement (DNSV) at a cost of 500 FCFA per page.
       Recording the DNSV is subject to a fixed fee of FCFA 18.000
Doing Business 2012                     Côte d'Ivoire                                                             22




                                                                                    Time to
No.   Procedure                                                                               Cost to complete
                                                                                   complete


      Publish the formation notice in a legal journal

      Publication of a company formation notice in the official gazette
5     ―Journal officiel‖ or a newspaper shall be accomplished within a period       3 days    XOF 8760 per line
      of fifteen days following registration. The insertion of the legal notice,
      signed by the notary or by the founders costs 8 760 FCFA/line; the total
      cost depends of the number of lines of the notice.
      Legalization of the copies of newspaper publication by the local
      council services

6                                                                                   2 days       XOF 2100
      Three samples of the newspaper are bought for FCFA 600, and their
      authentication cost is FCFA 1,500. Representatives from the respective
      legal journals must authenticate the copy that contains the notice.
      File documents with the Court’s Clerk Office (Greffe du Tribunal)
      with the Registre du Commerce et du Crédit Mobilier (RCCM)

      Costs to file the documents are as follows:
      - Declaration de constitution de société (M0 and M0bis) (five printed
      forms): No charge.
      - Commercial registration at the RCCM : FCFA 50,000.
      - Deposit of articles of incorporation and DNSV: FCFA 5,000.

      Notes: (1) For the deposit of any other document at the Commercial
      Registry (e.g., a resolution), a fixed fee of FCFA 5,000 applies. (2) The
      declaration forms can be picked up in the Chamber of Commerce and
      Industry to save time waiting for the Court’s Clerk to complete them.

7     The following documents must be attached to the application:                  3 days       XOF 55000
      - The form ―Declaration de constitution de société‖ (M0 and M0bis)
      (four printed copies). Forms are free and available at the Registre du
      Commerce et du Crédit Mobilier (RCCM) or the Chamber of Commerce
      and Industry.
      - The DNSV (two originals or certified copies).
      - The statutes (two originals or certified copies).
      - The subscription list (two originals or certified copies).
      - The resolution designating the managers (two originals or certified
      copies).
      - The criminal records of the managers (two originals extracts). Note:
      The criminal records must be delivered by the Ivorian authorities. If the
      managers are not of Ivorian nationality, an original extract of their
      criminal record (or an equivalent document) must be delivered by their
      native country’s authorities.
      File a declaration of commencement of business (Déclaration
      Fiscale d’Existence) with the Tax Department, Ministry of Economy
      and Finance
8                                                                                  10 days       XOF 5000
      According to the 2005 fiscal law (dated April 25, 2005), any company
      that intends to create a business must declare its activity and register
      for taxes before beginning its activity. That formality triggers the
Doing Business 2012                     Côte d'Ivoire                                                           23




                                                                                     Time to
  No.   Procedure                                                                              Cost to complete
                                                                                    complete
        payment in advance of the business license tax. The declaration covers
        all taxes. Upon filing the declaration d'existence fiscale and paying the
        business license tax (patente), the company receives a taxpayer account
        (numéro de compte contribuable). The local tax office calculates the
        amount of the business license tax on the basis of (a) the estimated
        annual turnover for the first year of operation; and (b) the cost of the
        business premises’ rent (or an estimation of the value of the premises if
        owned by the company).
        Register the employees with the National Social Security Fund
        (CNPS)

        A newly formed company must apply for its social registration near the
        Caisse Nationale de Prévoyance Sociale (CNPS), by presenting the
        following documents:
        - A registration form (available at the CNPS).
        - The company’s commercial registration (one copy).
        - The company’s tax registration (one copy).
        - A receipt of utility (electricity or water) payment (one copy).
        - The national identity card of the company’s managing director (one
        copy).
   9                                                                                 1 day        no charge
        The registration number (numéro matricule) is now sent electronically
        to the entrepreneur.

        In addition, employees must be registered near the CNPS. To that end,
        the following must be filed with the CNPS:
        - Completed registration form (available near the CNPS).
        - National identity card or birth certificate of the employee (one copy).
        - Identity photos of the employee (two).
        - Marriage certificate of the employee, if any (one copy).
        - Birth certificate of children, if any (one copy).
        - Social security number of the employee, if any (for employees with
        work history).
        Obtain a company seal
  10                                                                                 1 day        XOF 10000


* Takes place simultaneously with another procedure.
Source: Doing Business database.
Doing Business 2012                 Côte d'Ivoire                                                            24




DEALING WITH CONSTRUCTION PERMITS

Regulation of construction is critical to protect the   WHAT THE DEALING WITH CONSTRUCTION
public. But it needs to be efficient, to avoid
                                                        PERMITS INDICATORS MEASURE
excessive constraints on a sector that plays an
important part in every economy. Where complying
with building regulations is excessively costly in       Procedures to legally build a warehouse
time and money, many builders opt out. They may          (number)
pay bribes to pass inspections or simply build            Submitting all relevant documents and
illegally, leading to hazardous construction that         obtaining all necessary clearances, licenses,
puts public safety at risk. Where compliance is           permits and certificates
simple, straightforward and inexpensive, everyone         Completing all required notifications and
is better off.                                            receiving all necessary inspections
What do the indicators cover?                             Obtaining utility connections for water,
Doing Business records the procedures, time and           sewerage and a fixed telephone line
cost for a business to obtain all the necessary           Registering the warehouse after its
approvals to build a simple commercial warehouse          completion (if required for use as collateral or
in the economy’s largest business city, connect it to     for transfer of the warehouse)
basic utilities and register the property so that it     Time required to complete each procedure
can be used as collateral or transferred to another      (calendar days)
entity.
                                                          Does not include time spent gathering
The ranking on the ease of dealing with                   information
construction permits is the simple average of the
                                                          Each procedure starts on a separate day
percentile rankings on its component indicators:
procedures, time and cost.                                Procedure completed once final document is
                                                          received
To make the data comparable across economies,
Doing Business uses several assumptions about the         No prior contact with officials
business and the warehouse, including the utility        Cost required to complete each procedure (%
connections.                                             of income per capita)
The business:                                             Official costs only, no bribes
       Is a limited liability company operating in
                                                             Will be connected to water, sewerage
        the construction business and located in
                                                              (sewage system, septic tank or their
        the largest business city.
                                                              equivalent) and a fixed telephone line. The
       Is domestically owned and operated.                   connection to each utility network will be 10
                                                              meters (32 feet, 10 inches) long.
       Has 60 builders and other employees.
                                                             Will be used for general storage, such as of
The warehouse:
                                                              books or stationery (not for goods requiring
       Is a new construction (there was no                   special conditions).
        previous construction on the land).
                                                             Will take 30 weeks to construct (excluding all
       Has complete architectural and technical              delays due to administrative and regulatory
        plans prepared by a licensed architect.               requirements).
Doing Business 2012                    Côte d'Ivoire                                                              25




DEALING WITH CONSTRUCTION PERMITS

Where does the economy stand today?
What does it take to comply with the formalities to               permits there requires 18 procedures, takes 583 days
build a warehouse in Côte d'Ivoire? According to data             and costs 204.8% of income per capita (figure 3.1).
collected by Doing Business, dealing with construction


Figure 3.1 What it takes to comply with formalities to build a warehouse in Côte d'Ivoire




Note: For details on the procedures reflected here, see the summary at the end of this chapter.
Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                            26




DEALING WITH CONSTRUCTION PERMITS
Globally, Côte d'Ivoire stands at 169 in the ranking of   ranking provide other useful information for assessing
183 economies on the ease of dealing with                 how easy it is for an entrepreneur in Côte d'Ivoire to
construction permits (figure 3.2). The rankings for       legally build a warehouse.
comparator economies and the regional average


Figure 3.2 How Côte d'Ivoire and comparator economies rank on the ease of dealing with construction
permits




Source: Doing Business database.
Doing Business 2012                     Côte d'Ivoire                                                                      27




DEALING WITH CONSTRUCTION PERMITS

What are the changes over time?
While the most recent Doing Business data reflect how            aspects of the process have changed—and which have
easy (or difficult) it is to deal with construction permits      not (table 3.1). That can help identify where the
in Côte d'Ivoire today, data over time show which                potential for improvement is greatest.

Table 3.1 The ease of dealing with construction permits in Côte d'Ivoire over time
By Doing Business report year


 Indicator                       DB2006        DB2007         DB2008       DB2009         DB2010        DB2011       DB2012

Rank                                 ..            ..            ..            ..             ..           168          169

Procedures (number)                 18            18            18             18            19            18           18

Time (days)                         619          619           619            619            620           583          583

 Cost (% of income per
                                   231.2        232.9          225.8         221.7          210.4         207.3        204.8
capita)

Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes to
the methodology. For more information on “no practice” marks, see the data notes for details.
Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                           28




DEALING WITH CONSTRUCTION PERMITS
Equally helpful may be the benchmarks provided by          d'Ivoire on ways to improve the ease of dealing with
the economies that today have the best performance         construction permits. And changes in regional
regionally or globally on the procedures, time or cost     averages can show where Côte d'Ivoire is keeping up—
required to deal with construction permits (figure 3.3).   and where it is falling behind.
These economies may provide a model for Côte


Figure 3.3 Has dealing with construction permits become easier over time?

Procedures (number)




Time (days)
Doing Business 2012                    Côte d'Ivoire                                                                   29




DEALING WITH CONSTRUCTION PERMITS
Cost (% of income per capita)




Note: The economy with the best performance regionally on each indicator, and the economy with the best performance
globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an
indicator. In cases where no data are displayed above for the economy, this indicates that the economy has received a
“no practice” mark; see the data notes for details.
Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                          30




DEALING WITH CONSTRUCTION PERMITS
Smart regulation ensures that standards are met while             building safety while keeping compliance costs
making compliance easy and accessible to all.                     reasonable, governments around the world have
Coherent and transparent rules, efficient processes and           worked on consolidating permitting requirements.
adequate allocation of resources are especially                   What construction permitting reforms has Doing
important in sectors where safety is at stake.                    Business recorded in Côte d'Ivoire (table 3.2)?
Construction is one of them. In an effort to ensure

Table 3.2 How has Côte d'Ivoire made dealing with construction permits easier—or not?
By Doing Business report year


  DB Year             Reform


  DB2012
                      No reform.




  DB2011              Côte d’Ivoire eased construction permitting by eliminating
                      the need to obtain a preliminary approval.



  DB2010
                      No reform.




  DB2009
                      No reform.



Note: For information on reforms in earlier years (back to DB2006), see the Doing Business reports
for these years, available at http://www.doingbusiness.org.
Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                                31




DEALING WITH CONSTRUCTION PERMITS

What are the details?
 The indicators reported here for Côte d'Ivoire are
                                                               BUILDING A WAREHOUSE
based on a set of specific procedures—the steps
that a company must complete to legally build a
warehouse—identified by Doing Business through                 City :                    Abidjan
information collected from experts in construction
licensing,   including    architects,     construction
                                                               Estimated
lawyers, construction firms, utility service providers                                   XOF 455,210,000
                                                               Warehouse Value :
and public officials who deal with building
regulations. These procedures are those that apply           The procedures, along with the associated time and
to a company and structure matching the standard             cost, are summarized below.
assumptions used by Doing Business in collecting
the data (see the section in this chapter on what
the indicators cover).
Summary of procedures for dealing with construction permits in Côte d'Ivoire —and the time
and cost

                                                                                     Time to
 No.     Procedure                                                                                 Cost to complete
                                                                                    complete
       Obtain recent proof of land title
   1                                                                                30 days           XOF 5,000
       Only about 30% of landowners have a property title.
       Obtain topographical surveys by an authorized land surveyor (6
       copies)

   2                                                                                75 days          XOF 710,000
       In an urban zone, the cost for the technical dossier that is the basis for
       six excerpts is fixed at XOF 710,000 by the Order of Land Surveyors. The
       land surface is taken into account in rural areas.
       Obtain approval of survey excerpts by water authorities (Société
       de Distribution D’Eau de Côte D’Ivoire)

   3   BuildCo must submit to the electricity company six copies of the             10 days           no charge
       topographical surveys and the property titles. The electricity company
       must be informed about the type of electricity needed (low or medium
       tension).
       Obtain approval of survey excerpts by electricity company
       (Compagnie Ivoirienne D’Electricité de Côte D’Ivoire)
   4                                                                                10 days           no charge
       BuildCo must submit to the water company six copies of the
       topographical surveys and property titles.
       Obtain approval of survey excerpts by land authorities (Domaine
       Urbain or Conservation Foncière)                                             70 days           XOF 5,000
   5


       Obtain certificate of town-planning
   6                                                                                30 days           XOF 5,000


   7   Obtain approval of plans by decontamination department                       30 days           XOF 5,000
Doing Business 2012                     Côte d'Ivoire                                                           32




                                                                                   Time to
No.    Procedure                                                                             Cost to complete
                                                                                  complete
      (direction d’assainissement)



      Submit building plans for approval by the President of the Order
      of Architects.                                                               1 day        no charge
8


      Obtain Building Permit

      The dossier required to obtain a building permit comprises the
      following documents: - Block plan (scale,1/500, 1/200, 1/100). -
      Execution plan (scale 1/50). - Summary of technical specifications. -
      Summary of cost estimates. - Proof of property ownership - Written
      approval from the Minister of Urban Planning. Six copies of the dossier
      must be sent to the Building Permit Commission. The commission is
      comprised of the Construction Minister, a representative of the             200 days     XOF 70,000
9
      municipality, a representative of the Civil Protection Department, a
      representative from the Hygiene Department, and a representative
      from the Order of Architects. The building permit is obtained in an
      average of 4 to 6 months if one does not pay bribes. Two weeks after
      submission, the dossier is sent to the municipality, where the permit fee
      is paid. An independent external architect will be contracted to review
      the application if project cost is higher than XOF 30 million or for the
      construction of cinemas, factories, schools, pharmacies, or any building
      open to the public.
      Obtain plan approval by central municipality

      Although a municipal representative is part of the building permit
10    commission, BuildCo must also obtain the approval of the central            20 days      XOF 50,000
      municipality, which delivers the building authorization number. The
      municipality’s participation in the commission is limited to technical
      advice.
      Obtain approval of plans by fire department
11                                                                                14 days       no charge


      Receive inspection from the national security commission to verify
      that the building is conform to security standards                           1 day        no charge
12
      The inspections are unannounced.
      Obtain certificate of conformity
13                                                                                75 days       no charge


      Request water connection
14                                                                                 1 day        no charge


      Receive site inspection by water company
15                                                                                 1 day        no charge
      The inspection takes place within a week of applying for electricity. The
      cost estimate is given days after the inspection.
      Obtain water connection                                                     14 days      XOF 130,000
16
Doing Business 2012                     Côte d'Ivoire                                                             33




                                                                                       Time to
  No.    Procedure                                                                               Cost to complete
                                                                                      complete
        It takes 7 days to obtain the connection once the payment is made. The
        total time, from the application to the final connection, may take up to
        a month if no preliminary installation was made. The water service
        agency is generally efficient, and the connection can be obtained
        quickly.
        * Request phone line

  17    A site plan is attached to the application. Inspections only take place for    7 days      XOF 22,000
        complicated cases. One may pay for the phone connection at the time
        of the application.
        Request and receive inspection from "SECUREL", Laboratory of
        Buildings and Public Works
  18                                                                                   1 day       XOF 20,000
        If one pays for the inspector’s transportation, the inspection can occur
        the same day. Otherwise, it will take place in 2 days.
* Takes place simultaneously with another procedure.
Source: Doing Business database.
Doing Business 2012               Côte d'Ivoire                                                               34




GETTING ELECTRICITY
Access to reliable and affordable electricity is vital       WHAT THE GETTING ELECTRICITY
for businesses. To counter weak electricity supply,
many firms in developing economies have to rely              INDICATORS MEASURE
on self-supply, often at a prohibitively high cost.
Whether electricity is reliably available or not, the        Procedures to obtain an electricity
first step for a customer is always to gain access by        connection (number)
obtaining a connection.
                                                              Submitting all relevant documents and
What do the indicators cover?                                 obtaining all necessary clearances and permits
Doing Business records all procedures required for            Completing all required notifications and
a local business to obtain a permanent electricity            receiving all necessary inspections
connection and supply for a standardized
warehouse, as well as the time and cost to                    Obtaining external installation works and
complete them. These procedures include                       possibly purchasing material for these works
applications and contracts with electricity utilities,        Concluding any necessary supply contract and
clearances from other agencies and the external               obtaining final supply
and final connection works. The ranking on the
ease of getting electricity is the simple average of         Time required to complete each procedure
the percentile rankings on its component                     (calendar days)
indicators: procedures, time and cost. To make the            Is at least 1 calendar day
data comparable across economies, several
assumptions are used.                                         Each procedure starts on a separate day

The warehouse:                                                Does not include time spent gathering
                                                              information
        Is located in the economy’s largest
         business city, in an area where other                Reflects the time spent in practice, with little
         warehouses are located.                              follow-up and no prior contact with officials

        Is not in a special economic zone where             Cost required to complete each procedure
         the connection would be eligible for                (% of income per capita)
         subsidization or faster service.                     Official costs only, no bribes
        Has road access. The connection works                Excludes value added tax
         involve the crossing of a road or roads but
         are carried out on public land.
                                                              Is 150 meters long.
        Is a new construction being connected to
                                                              Is to either the low-voltage or the medium-
         electricity for the first time.
                                                               voltage distribution network and either overhead
        Has 2 stories, both above ground, with a              or underground, whichever is more common in
         total surface of about 1,300.6 square                 the economy and in the area where the
         meters (14,000 square feet), and is built on          warehouse is located. The length of any
         a plot of 929 square meters (10,000 square            connection in the customer’s private domain is
         feet).                                                negligible.
The electricity connection:                                   Involves installing one electricity meter. The
                                                               monthly electricity consumption will be 0.07
    Is a 3-phase, 4-wire Y, 140-kilovolt-ampere
                                                               gigawatt-hour (GWh). The internal electrical
     (kVA) (subscribed capacity) connection.
                                                               wiring has been completed.
Doing Business 2012                    Côte d'Ivoire                                                        35




GETTING ELECTRICITY

Where does the economy stand today?
What does it take to obtain a new electricity                     requires 5 procedures, takes 33 days and costs
connection in Côte d'Ivoire? According to data                    4002.3% of income per capita (figure 4.1).
collected by Doing Business, getting electricity there


Figure 4.1 What it takes to obtain an electricity connection in Côte d'Ivoire




Note: For details on the procedures reflected here, see the summary at the end of this chapter.
Source: Doing Business database.
Doing Business 2012               Côte d'Ivoire                                                           36




GETTING ELECTRICITY
Globally, Côte d'Ivoire stands at 73 in the ranking of    perspective in assessing how easy it is for an
183 economies on the ease of getting electricity          entrepreneur in Côte d'Ivoire to connect a warehouse
(figure 4.2). The rankings for comparator economies       to electricity.
and the regional average ranking provide another


Figure 4.2 How Côte d'Ivoire and comparator economies rank on the ease of getting electricity




Source: Doing Business database.
Doing Business 2012                               Côte d'Ivoire                                                                                         37




GETTING ELECTRICITY
Even more helpful than rankings for other economies                            economies, the practices of their utilities may provide a
may be the indicators underlying those rankings (table                         model for Côte d'Ivoire on ways to improve the ease of
4.1). If obtaining a new electricity connection requires                       getting electricity. Regional and global averages on
fewer procedures, less time or less cost in other                              these indicators may provide useful benchmarks.


Table 4.1 The ease of getting electricity in Côte d'Ivoire and comparator economies




                                                                                                                                         Global average
                                                                                                                        Africa average
                                    Côte d'Ivoire




                                                                Burkina Faso




                                                                                                                         Sub-Saharan
                                                                                                     Senegal
                                                                                          Nigeria
                                                        Benin




                                                                                                                Togo
                                                                                Mali
 Indicator




Rank                                73                 140      139             113      176         168        92        122                ..

Procedures (number)                    5                 4         4             4          8          6         4           5               5

Time (days)                         33                 158      158             120      260         125        74        137            111

 Cost (% of income per
capita)                            4002.3 15205.3 13356.8 4397.7                        1056.0      5938.9     6023.2   5,429.8 1,942.3

Source: Doing Business database.
Doing Business 2012                     Côte d'Ivoire                                                                        38




GETTING ELECTRICITY

What are the details?
The indicators reported here for Côte d'Ivoire are
                                                                      OBTAINING AN ELECTRICITY CONNECTION
based on a set of specific procedures—the steps that
an entrepreneur must complete to get a warehouse
connected to electricity by the local distribution                    City:                          Abidjan
utility—identified by Doing Business. Data are collected
from the distribution utility, then completed and
                                                                      Name of Utility:         Compagnie Ivoirienne
verified by electricity regulatory agencies and
                                                                                               d'Electricité (CIE)
independent professionals such as electrical engineers,
                                                                   The procedures are those that apply to a warehouse
electrical contractors and construction companies. The
                                                                   and electricity connection matching the standard
electricity distribution utility surveyed is the one
                                                                   assumptions used by Doing Business in collecting the
serving the area (or areas) in which warehouses are
                                                                   data (see the section in this chapter on what the
located. If there is a choice of distribution utilities, the
                                                                   indicators cover). The procedures, along with the
one serving the largest number of customers is
                                                                   associated time and cost, are summarized below.
selected.
Summary of procedures for getting electricity in Côte d'Ivoire—and the time and cost

                                                                                           Time to
  No.    Procedure                                                                                        Cost to complete
                                                                                          complete
        Submit application for a new connection with the local Compagnie
        Ivoirienne d'Electricité (CIE) customer office and await estimate

   1    The application has to be submitted in person. The following documents         14 calendar days         no charge
        have to be attached: the certificate confirming the security of the internal
        wiring, a topographique excerpt or the building permit to justify the
        quality of the land owner.
        * Obtain conformity control of the internal wiring at government
        agency SECUREL

   2    Before applying for a new connection, the customer has to ask for an           11 calendar days        XOF 200,000.0
        internal inspection at LBTP/Securel to obtain a certificate of conformity.
        SECUREL is a government agency that was created to check the internal
        wiring in buildings of new customers.
        * Compagnie Ivoirienne d'Electricité (CIE) carries out external
        inspection of the site

   3    CIE is coming to the site to do an external inspection to determine the        3 calendar days          no charge
        cost of the connection and to do a technical study that details what
        works have to be done. Someone from the customer’s party has to be
        present.
        Hire electrical contractor, bring material for testing, await
        completion of external connection works, receive inspections

   4    For a requested load of 140kVA, in general an additional transformer           19 calendar days    XOF 19,768,097.8
        needs to be installed. The customer would hire an electrical contractor to
        buy the material and to install the transformer. The contractor of the
        client brings the material to CIE for an inspection/testing. Transformers
Doing Business 2012                    Côte d'Ivoire                                                                    39




                                                                                        Time to
  No.    Procedure                                                                                     Cost to complete
                                                                                       complete
        of 160kVA are usually available at the utility. There would be no waiting
        time to buy a transformer. The customer would have to pay the full cost
        for the transformer and the installation. The electrical contractor would
        also do the final connection. The utility is supervising the work of the
        electrical contractor. Basically, the utility would pass by every day to
        check and supervise the works executed by the contractor.
        * CIE installs the meter and conclude supply contract with
        Compagnie Ivoirienne d'Electricité (CIE)

   5    The customer would conclude a supply contract with CIE. To conclude a       14 calendar days      no charge
        supply contract, the customer would have to submit the certificate of
        conformity of the internal wiring and the number of the new connection
        or the estimate of the new connection. CIE installs the meter.
* Takes place simultaneously with another procedure.
Source: Doing Business database.
Doing Business 2012                  Côte d'Ivoire                                                          40




REGISTERING PROPERTY

Ensuring formal property rights is fundamental.        WHAT THE REGISTERING PROPERTY
Effective administration of land is part of that. If
                                                       INDICATORS MEASURE
formal property transfer is too costly or
complicated, formal titles might go informal
again. And where property is informal or poorly        Procedures to legally transfer title on
administered, it has little chance of being            immovable property (number)
accepted as collateral for loans—limiting access to      Preregistration (for example, checking for liens,
finance.                                                 notarizing sales agreement, paying property
                                                         transfer taxes)
What do the indicators cover?
                                                         Registration in the economy’s largest business
Doing Business records the full sequence of              city
procedures necessary for a business to purchase
property from another business and transfer the          Postregistration (for example, filing title with
                                                         the municipality)
property title to the buyer’s name. The transaction
is considered complete when it is opposable to         Time required to complete each procedure
third parties and when the buyer can use the           (calendar days)
property, use it as collateral for a bank loan or
                                                         Does not include time spent gathering
resell it. The ranking on the ease of registering        information
property is the simple average of the percentile
rankings on its component indicators: procedures,        Each procedure starts on a separate day
time and cost.                                           Procedure completed once final document is
                                                         received
To make the data comparable across economies,
several assumptions about the parties to the             No prior contact with officials
transaction, the property and the procedures are
                                                       Cost required to complete each procedure
used.
                                                       (% of property value)
The parties (buyer and seller):
                                                         Official costs only, no bribes
       Are limited liability companies, 100%            No value added or capital gains taxes included
        domestically and privately owned.
       Are located in the periurban area of the
        economy’s largest business city.                    Has no mortgages attached and has been
                                                             under the same ownership for the past 10
       Have 50 employees each, all of whom are
                                                             years.
        nationals.
                                                            Consists of 557.4 square meters (6,000 square
       Perform general commercial activities.
                                                             feet) of land and a 10-year-old, 2-story
The property (fully owned by the seller):                    warehouse of 929 square meters (10,000
       Has a value of 50 times income per capita.           square feet). The warehouse is in good
        The sale price equals the value.                     condition and complies with all safety
                                                             standards, building codes and legal
       Is registered in the land registry or                requirements. The property will be transferred
        cadastre, or both, and is free of title              in its entirety.
        disputes.
       Is located in a periurban commercial zone,
        and no rezoning is required.
Doing Business 2012                    Côte d'Ivoire                                                          41




REGISTERING PROPERTY

Where does the economy stand today?
What does it take to complete a property transfer in              procedures, takes 62 days and costs 13.9% of the
Côte d'Ivoire? According to data collected by Doing               property value (figure 5.1).
Business, registering property there requires 6


Figure 5.1 What it takes to register property in Côte d'Ivoire




Note: For details on the procedures reflected here, see the summary at the end of this chapter.
Source: Doing Business database.
Doing Business 2012                Côte d'Ivoire                                                           42




REGISTERING PROPERTY
Globally, Côte d'Ivoire stands at 158 in the ranking of   and the regional average ranking provide other useful
183 economies on the ease of registering property         information for assessing how easy it is for an
(figure 5.2). The rankings for comparator economies       entrepreneur in Côte d'Ivoire to transfer property.


Figure 5.2 How Côte d'Ivoire and comparator economies rank on the ease of registering property




Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                                        43




REGISTERING PROPERTY

What are the changes over time?
While the most recent Doing Business data reflect how            the process have changed—and which have not (table
easy (or difficult) it is to register property in Côte           5.1). That can help identify where the potential for
d'Ivoire today, data over time show which aspects of             improvement is greatest.

Table 5.1 The ease of registering property in Côte d'Ivoire over time
By Doing Business report year


 Indicator                      DB2005 DB2006 DB2007               DB2008      DB2009       DB2010      DB2011      DB2012

Rank                                ..          ..         ..          ..          ..           ..         154         158

Procedures (number)                 7          7           6           6           6           6            6           6

Time (days)                        397        397         62          62          62           62          62           62

 Cost (% of property
value)                            13.9        14.0       14.0        13.9        13.9         13.9        13.9         13.9


Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes
to the methodology. For more information on “no practice” marks, see the data notes for details.
Source: Doing Business database.
Doing Business 2012               Côte d'Ivoire                                                          44




REGISTERING PROPERTY
Equally helpful may be the benchmarks provided by         d'Ivoire on ways to improve the ease of registering
the economies that today have the best performance        property. And changes in regional averages can show
regionally or globally on the procedures, time or cost    where Côte d'Ivoire is keeping up—and where it is
required to complete a property transfer (figure 5.3).    falling behind.
These economies may provide a model for Côte

Figure 5.3 Has registering property become easier over time?

Procedures (number)




Time (days)
Doing Business 2012                    Côte d'Ivoire                                                                   45




REGISTERING PROPERTY
Cost (% of property value)




Note: The economy with the best performance regionally on each indicator, and the economy with the best performance
globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an
indicator. In cases where no data are displayed above for the economy, this indicates that the economy has received a
“no practice” mark; see the data notes for details.
Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                                46




REGISTERING PROPERTY
Economies worldwide have been making it easier for                have cut the time required substantially—enabling
entrepreneurs to register and transfer property—such              buyers to use or mortgage their property earlier. What
as by computerizing land registries, introducing time             property registration reforms has Doing Business
limits for procedures and setting low fixed fees. Many            recorded in Côte d'Ivoire (table 5.2)?


Table 5.2 How has Côte d'Ivoire made registering property easier—or not?
By Doing Business report year


  DB Year             Reform

  DB2012              No reform.

  DB2011              No reform.

  DB2010              No reform.

  DB2009              No reform.


Note: For information on reforms in earlier years (back to DB2005), see the Doing Business reports
for these years, available at http://www.doingbusiness.org.
Source: Doing Business database.
Doing Business 2012                    Côte d'Ivoire                                                                           47




REGISTERING PROPERTY

What are the details?
The indicators reported here are based on a set of
                                                                STANDARD PROPERTY TRANSFER
specific procedures—the steps that a buyer and
seller must complete to transfer the property to the
buyer’s name—identified by Doing Business                      City:                              Abidjan
through information collected from local property              Property Value:                    24,945,632.3
lawyers, notaries and property registries. These
procedures are those that apply to a transaction             The procedures, along with the associated time and
matching the standard assumptions used by Doing              cost, are summarized below.
Business in collecting the data (see the section in
this chapter on what the indicators cover).

Summary of procedures for registering property in Côte d'Ivoire—and the time and cost

                                                                                       Time to
 No.    Procedure                                                                                         Cost to complete
                                                                                      complete
       * The notary solicits the real estate rights record before the Services
       de la Conservation Foncière
                                                                                     10 days        3,000 FCFA + 1.7 to
       The notary will usually perform the entire process on behalf of the      (simultaneous with 2.7% property value
   1
       parties and charge them between 16% and 17% property value including
                                                                                procedures 2 and 3)     (notary fees)
       his fees as well as all necessary taxes and fees during the process. The
       taxes and fees alone would cost approximately 14.3% property value,
       hence the 1.7 - 2.7% fees calculation.
       * The notary obtains a tax clearance
                                                                                      2-4 days
       The notary should obtain a tax clearance on the property stating that all (simultaneous with          5,000 FCFA
   2
       property taxes related to it have been paid. He can execute the contract
                                                                                 procedures 1 and 3)
       on behalf of the parties without the clearance, but must obtain it within
       one month.
       * Obtain a Location Certificate

       According to the Law, article 36 of the Loi de Finances of 2002-156 du 15          3 days
   3   mars 2002, it is required to obtain a Location Certificate. This certificate (simultaneous with      100,000 FCFA
       will is done by a registered Surveyor (Geometre) and the certificate will procedures 1 and 2)
       describe the buildings, information about the property title and the
       boundaries of the property.
       Prepare sale deed                                                                                 no cost (honoraria of
   4                                                                               10 days (variable)
                                                                                                              the notary)
       The notary prepares the sale deed that both parties will sign.
       Deposit the sale agreement for registration at the local tax                                      10% property value
       authorities                                                                                           (proportional
                                                                                        10 days           registration fees) +
   5
       The notary files the sale agreement with the Tax authorities to be                                3% for Capital Gains
       registered. The registration fee representing 10% of the property value                           Tax (not included in
       is paid at that time.                                                                             calculation and paid
Doing Business 2012                    Côte d'Ivoire                                                                  48




                                                                                      Time to
  No.    Procedure                                                                              Cost to complete
                                                                                     complete
                                                                                                  by the Vendor)

        Register the transfer at the Land Registry "Administration de la
        Conservation Fonciere et du Cadastre"                                                    15,000 FCFA (new
                                                                                                property certificate)
   6    The notary will request a name transfer at the Land registry. The transfer   32 days    + 1.2% (transfer tax
        tax is as follows:                                                                          + salaire du
        0.4% the Registrar salary                                                                  conservateur)
        0.8% recettes domaniales
* Takes place simultaneously with another procedure.
Source: Doing Business database.
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Doing Business Civ

  • 2. © 2012 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org All rights reserved. 1 2 3 4 08 07 06 05 A copublication of The World Bank and the International Finance Corporation. This volume is a product of the staff of the World Bank Group. The findings, interpretations and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone 978-750-8400; fax 978-750-4470; Internet www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax 202-522-2422; e-mail pubrights@worldbank.org. Copies of Doing Business 2012: Doing Business in a More Transparent World, Doing Business 2011: Making a Difference for Entrepreneurs, Doing Business 2010: Reforming through Difficult Times, Doing Business 2009, Doing Business 2008, Doing Business 2007: How to Reform, Doing Business in 2006: Creating Jobs, Doing Business in 2005: Removing Obstacles to Growth and Doing Business in 2004: Understanding Regulations may be downloaded at www.doingbusiness.org. ISBN: 978-0-8213-8833-4 E-ISBN: 978-0-8213-8834-1 DOI: 10.1596/978-0-8213-8833-4 ISSN: 1729-2638 Printed in the United States
  • 3. Doing Business 2012 Côte d'Ivoire 3 CONTENTS Introduction .................................................................................................................................. 4 The business environment .......................................................................................................... 5 Starting a business ..................................................................................................................... 14 Dealing with construction permits ........................................................................................... 24 Getting electricity ....................................................................................................................... 34 Registering property .................................................................................................................. 40 Getting credit .............................................................................................................................. 49 Protecting investors ................................................................................................................... 56 Paying taxes ................................................................................................................................ 66 Trading across borders .............................................................................................................. 74 Enforcing contracts .................................................................................................................... 83 Resolving insolvency .................................................................................................................. 90 Data notes ................................................................................................................................... 96 Resources on the Doing Business website ............................................................................ 101
  • 4. Doing Business 2012 Côte d'Ivoire 4 INTRODUCTION Doing Business sheds light on how easy or difficult it is (except for the paying taxes indicators, which cover the for a local entrepreneur to open and run a small to period January–December 2010). medium-size business when complying with relevant The Doing Business methodology has limitations. Other regulations. It measures and tracks changes in areas important to business—such as an economy’s regulations affecting 10 areas in the life cycle of a proximity to large markets, the quality of its business: starting a business, dealing with construction infrastructure services (other than those related to permits, getting electricity, registering property, trading across borders and getting electricity), the getting credit, protecting investors, paying taxes, security of property from theft and looting, the trading across borders, enforcing contracts and transparency of government procurement, resolving insolvency. macroeconomic conditions or the underlying strength In a series of annual reports Doing Business presents of institutions—are not directly studied by Doing quantitative indicators on business regulations and the Business. The indicators refer to a specific type of protection of property rights that can be compared business, generally a local limited liability company across 183 economies, from Afghanistan to Zimbabwe, operating in the largest business city. Because over time. The data set covers 46 economies in Sub- standard assumptions are used in the data collection, Saharan Africa, 32 in Latin America and the Caribbean, comparisons and benchmarks are valid across 24 in East Asia and the Pacific, 24 in Eastern Europe economies. The data not only highlight the extent of and Central Asia, 18 in the Middle East and North obstacles to doing business; they also help identify the Africa and 8 in South Asia, as well as 31 OECD high- source of those obstacles, supporting policy makers in income economies. The indicators are used to analyze designing regulatory reform. economic outcomes and identify what reforms have More information is available in the full report. Doing worked, where and why. Business 2012 presents the indicators, analyzes their This economy profile presents the Doing Business relationship with economic outcomes and indicators for Côte d'Ivoire. To allow useful recommends regulatory reforms. The data, along with comparison, it also provides data for other selected information on ordering Doing Business 2012, are economies (comparator economies) for each indicator. available on the Doing Business website at The data in this report are current as of June 1, 2011 http://www.doingbusiness.org.
  • 5. Doing Business 2012 Côte d'Ivoire 5 THE BUSINESS ENVIRONMENT For policy makers trying to improve their economy’s regulatory environment for business, a good place to ECONOMY OVERVIEW start is to find out how it compares with the regulatory environment in other economies. Doing Business provides an aggregate ranking on the ease of doing Region: Sub-Saharan Africa business based on indicator sets that measure and benchmark regulations applying to domestic small to Income category: Lower middle income medium-size businesses through their life cycle. Economies are ranked from 1 to 183 by the ease of Population: 21,570,746 doing business index. For each economy the index is calculated as the ranking on the simple average of its GNI per capita (US$): 1,070.00 percentile rankings on each of the 10 topics included in the index in Doing Business 2012: starting a business, DB2012 rank: 167 dealing with construction permits, getting electricity, registering property, getting credit, protecting DB2011 rank: 170 investors, paying taxes, trading across borders, Change in rank: 3 enforcing contracts and resolving insolvency. The ranking on each topic is the simple average of the percentile rankings on its component indicators (see Note: See the data notes for sources and the data notes for more details). 1 definitions. The aggregate ranking on the ease of doing business benchmarks each economy’s performance on the indicators against that of all other economies in the Doing Business sample (figure 1.1). While this ranking tells much about the business environment in an economy, it does not tell the whole story. The ranking on the ease of doing business, and the underlying indicators, do not measure all aspects of the business environment that matter to firms and investors or that affect the competitiveness of the economy. Still, a high ranking does mean that the government has created a regulatory environment conducive to operating a business. 1 Except for the ease of getting credit, for which the percentile rankings on its component indicators are weighted, the depth of credit information index at 37.5% and the strength of legal rights index at 62.5%.
  • 6. Doing Business 2012 Côte d'Ivoire 6 THE BUSINESS ENVIRONMENT Figure 1.1 Where economies stand in the global ranking on the ease of doing business Source: Doing Business database.
  • 7. Doing Business 2012 Côte d'Ivoire 7 THE BUSINESS ENVIRONMENT For policy makers, knowing where their economy the regional average (figure 1.2). The economy’s stands in the aggregate ranking on the ease of doing rankings on the topics included in the ease of doing business is useful. Also useful is to know how it ranks business index provide another perspective (figure compared with other economies and compared with 1.3). Figure 1.2 How Côte d'Ivoire and comparator economies rank on the ease of doing business Source: Doing Business database.
  • 8. Doing Business 2012 Côte d'Ivoire 8 THE BUSINESS ENVIRONMENT Figure 1.3 How Côte d'Ivoire ranks on Doing Business topics Source: Doing Business database.
  • 9. Doing Business 2012 Côte d'Ivoire 9 THE BUSINESS ENVIRONMENT Just as the overall ranking on the ease of doing This measure shows the distance of each economy to business tells only part of the story, so do changes in the ―frontier,‖ a synthetic measure based on the most that ranking. Yearly movements in rankings can efficient practice or highest score observed for each provide some indication of changes in an economy’s Doing Business indicator across all economies and regulatory environment for firms, but they are always years included in the Doing Business sample since relative. An economy’s ranking might change because 2005. Nine areas of business regulation are covered. of developments in other economies. An economy that Comparing the measure for an economy at 2 points in implemented business regulation reforms may fail to time allows users to assess how much the economy’s rise in the rankings (or may even drop) if it is passed regulatory environment as measured by Doing by others whose business regulation reforms had a Business has changed over time—how far it has moved more significant impact as measured by Doing toward (or away from) the most efficient practices and Business. strongest regulations in areas covered by Doing Moreover, year-to-year changes in the overall rankings Business (figure 1.4). The results may show that the do not reflect how the business regulatory pace of change varies widely across the areas environment in an economy has changed over time— measured. They also may show that an economy is or how it has changed in different areas. To aid in relatively close to the frontier in some areas and assessing such changes, Doing Business 2012 relatively far from it in others. introduces the distance to frontier measure. Figure 1.4 How far has Côte d'Ivoire come in the areas measured by Doing Business? Distance to frontier, 2005 and 2011 Note: For economies added to the Doing Business sample after 2005, the starting point is the year in which they were added: 2006 for Montenegro; 2007 for Brunei Darussalam, Liberia and Luxembourg; 2008 for The Bahamas, Bahrain and Qatar; and 2009 for Cyprus and Kosovo. See the data notes for more details on the distance to frontier measure. Source: Doing Business database.
  • 10. Doing Business 2012 Côte d'Ivoire 10 THE BUSINESS ENVIRONMENT The absolute values of the indicators tell another part business regulation—such as a regulatory process that of the story (table 1.1). The indicators, on their own or can be completed with a small number of procedures in comparison with the indicators of a good practice in a few days and at a low cost. Comparison of the economy or those of comparator economies in the economy’s indicators today with those in the previous region, may reveal bottlenecks reflected in large year may show where substantial bottlenecks persist— numbers of procedures, long delays or high costs. Or and where they are diminishing. they may reveal unexpected strengths in an area of Table 1.1 Summary of Doing Business indicators for Côte d'Ivoire Best performer globally Côte d'Ivoire DB2012 Côte d'Ivoire DB2011 Burkina Faso DB2012 Senegal DB2012 Nigeria DB2012 Indicator Benin DB2012 Togo DB2012 Mali DB2012 DB2012 Starting a Business 170 171 154 116 115 116 93 174 New Zealand (1) (rank) Procedures (number) 10 10 6 3 4 8 3 7 Canada (1)* Time (days) 32 40 29 13 8 34 5 84 New Zealand (1) Cost (% of income per 132.6 133.0 149.9 47.7 90.5 70.6 68.0 177.2 Denmark (0.0)* capita) Paid-in Min. Capital (% 200.4 202.9 280.4 373.3 348.3 0.0 203.0 484.5 82 Economies (0.0)* of income per capita) Dealing with Hong Kong SAR, Construction Permits 169 168 117 59 95 84 125 146 China (1) (rank) Procedures (number) 18 18 12 12 11 15 13 12 Denmark (5) Time (days) 583 583 372 98 179 85 210 309 Singapore (26)* Cost (% of income per 204.8 207.3 132.6 345.0 439.3 504.8 435.2 994.0 Qatar (1.1) capita)
  • 11. Doing Business 2012 Côte d'Ivoire 11 Best performer globally Côte d'Ivoire DB2012 Côte d'Ivoire DB2011 Burkina Faso DB2012 Senegal DB2012 Nigeria DB2012 Indicator Benin DB2012 Togo DB2012 Mali DB2012 DB2012 Getting Electricity (rank) 73 76 140 139 113 176 168 92 Iceland (1) Procedures (number) 5 5 4 4 4 8 6 4 Germany (3)* Time (days) 33 33 158 158 120 260 125 74 Germany (17) Cost (% of income per 4002.3 4137.0 15205.3 13356.8 4397.7 1056.0 5938.9 6023.2 Japan (0.0) capita) Registering Property 158 154 130 111 91 180 171 162 New Zealand (3) (rank) Procedures (number) 6 6 4 4 5 13 6 5 Portugal (1)* Time (days) 62 62 120 59 29 82 122 295 Portugal (1) Cost (% of property 13.9 13.9 11.8 12.8 12.1 20.8 20.3 13.0 Slovak Republic (0.0) value) Getting Credit (rank) 126 152 126 126 126 78 126 126 United Kingdom (1)* Strength of legal rights 6 3 6 6 6 9 6 6 New Zealand (10)* index (0-10) Depth of credit 1 1 1 1 1 0 1 1 Japan (6)* information index (0-6) Public registry coverage 2.6 2.6 10.7 1.8 3.7 0.1 4.5 2.5 Portugal (86.2) (% of adults) Private bureau coverage 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 New Zealand (100.0)* (% of adults) Protecting Investors 155 153 155 147 147 65 166 147 New Zealand (1) (rank) Extent of disclosure 6 6 6 6 6 5 6 6 France (10)* index (0-10)
  • 12. Doing Business 2012 Côte d'Ivoire 12 Best performer globally Côte d'Ivoire DB2012 Côte d'Ivoire DB2011 Burkina Faso DB2012 Senegal DB2012 Nigeria DB2012 Indicator Benin DB2012 Togo DB2012 Mali DB2012 DB2012 Extent of director 1 1 1 1 1 7 1 1 Singapore (9)* liability index (0-10) Ease of shareholder suits 3 3 3 4 4 5 2 4 New Zealand (10)* index (0-10) Strength of investor 3.3 3.3 3.3 3.7 3.7 5.7 3.0 3.7 New Zealand (9.7) protection index (0-10) Paying Taxes (rank) 159 153 170 147 163 138 174 161 Canada (8) Payments (number per 62 64 55 46 59 35 59 53 Norway (4) year) Time (hours per year) 270 270 270 270 270 938 666 270 Luxembourg (59) Trading Across Borders 161 160 129 175 146 149 65 98 Singapore (1) (rank) Documents to export 10 10 7 10 6 10 6 6 France (2) (number) Hong Kong SAR, Time to export (days) 25 25 30 41 26 24 11 24 China (5)* Cost to export (US$ per 1969 1969 1049 2412 2202 1263 1098 940 Malaysia (450) container) Documents to import 9 9 8 10 9 9 5 8 France (2) (number) Time to import (days) 36 36 32 49 31 39 14 28 Singapore (4) Cost to import (US$ per 2577 2577 1496 4030 3067 1440 1740 1109 Malaysia (435) container) Enforcing Contracts 124 124 176 108 132 97 145 151 Luxembourg (1) (rank)
  • 13. Doing Business 2012 Côte d'Ivoire 13 Best performer globally Côte d'Ivoire DB2012 Côte d'Ivoire DB2011 Burkina Faso DB2012 Senegal DB2012 Nigeria DB2012 Indicator Benin DB2012 Togo DB2012 Mali DB2012 DB2012 Time (days) 770 770 795 446 620 457 780 588 Singapore (150) Cost (% of claim) 41.7 41.7 64.7 81.7 52.0 32.0 26.5 47.5 Bhutan (0.1) Procedures (number) 33 33 42 37 36 40 43 41 Ireland (21)* Resolving Insolvency 70 81 127 103 111 99 86 93 Japan (1) (rank) Time (years) 2.2 2.2 4.0 4.0 3.6 2.0 3.0 3.0 Ireland (0.4) Cost (% of estate) 18 18 22 9 18 22 7 15 Singapore (1)* Recovery rate (cents on 37.6 32.8 20.2 27.3 24.9 28.2 32.0 30.5 Japan (92.7) the dollar) Note: The methodology for the paying taxes indicators changed in Doing Business 2012; see the data notes for details. For these indicators, the best performer globally is the economy that has implemented the most efficient practices in its tax system and is not necessarily the one with the highest ranking. For more information on “no practice” marks, see the data notes for details. * Two or more economies share the top ranking on this indicator. A number shown in place of an economy’s name indicates the number of economies that share the top ranking on the indicator. For a list of these economies, see the Doing Business website (http://www.doingbusiness.org). Source: Doing Business database.
  • 14. Doing Business 2012 Côte d'Ivoire 14 STARTING A BUSINESS Formal registration of companies has many WHAT THE STARTING A BUSINESS immediate benefits for the companies and for business owners and employees. Legal entities can INDICATORS MEASURE outlive their founders. Resources are pooled as several shareholders join forces to start a company. Procedures to legally start and operate a Formally registered companies have access to company (number) services and institutions from courts to banks as Preregistration (for example, name well as to new markets. And their employees can verification or reservation, notarization) benefit from protections provided by the law. An additional benefit comes with limited liability Registration in the economy’s largest companies. These limit the financial liability of business city company owners to their investments, so personal Postregistration (for example, social security assets of the owners are not put at risk. Where registration, company seal) governments make registration easy, more entrepreneurs start businesses in the formal sector, Time required to complete each procedure creating more good jobs and generating more (calendar days) revenue for the government. Does not include time spent gathering What do the indicators cover? information Doing Business measures the ease of starting a Each procedure starts on a separate day business in an economy by recording all Procedure completed once final document is procedures that are officially required or commonly received done in practice by an entrepreneur to start up and formally operate an industrial or commercial No prior contact with officials business—as well as the time and cost required to Cost required to complete each procedure complete these procedures. It also records the (% of income per capita) paid-in minimum capital that companies must deposit before registration (or within 3 months). Official costs only, no bribes The ranking on the ease of starting a business is No professional fees unless services required the simple average of the percentile rankings on by law the 4 component indicators: procedures, time, cost and paid-in minimum capital requirement. Paid-in minimum capital (% of income per capita) To make the data comparable across economies, Doing Business uses several assumptions about the Deposited in a bank or with a notary before business and the procedures. It assumes that all registration (or within 3 months) information is readily available to the entrepreneur  Has a start-up capital of 10 times income per and that there has been no prior contact with capita. officials. It also assumes that all government and nongovernment entities involved in the process  Has a turnover of at least 100 times income per capita. function without corruption. And it assumes that the business:  Does not qualify for any special benefits.  Is a limited liability company, located in the  Does not own real estate. largest business city.  Is 100% domestically owned.  Conducts general commercial or industrial activities.
  • 15. Doing Business 2012 Côte d'Ivoire 15 STARTING A BUSINESS Where does the economy stand today? What does it take to start a business in Côte d'Ivoire? costs 132.6% of income per capita and requires paid-in According to data collected by Doing Business, starting minimum capital of 200.4% of income per capita a business there requires 10 procedures, takes 32 days, (figure 2.1). Figure 2.1 What it takes to start a business in Côte d'Ivoire Paid-in minimum capital (% of income per capita): 200.4 Note: For details on the procedures reflected here, see the summary at the end of this chapter. Source: Doing Business database.
  • 16. Doing Business 2012 Côte d'Ivoire 16 STARTING A BUSINESS Globally, Côte d'Ivoire stands at 170 in the ranking of and the regional average ranking provide other useful 183 economies on the ease of starting a business information for assessing how easy it is for an (figure 2.2). The rankings for comparator economies entrepreneur in Côte d'Ivoire to start a business. Figure 2.2 How Côte d'Ivoire and comparator economies rank on the ease of starting a business Source: Doing Business database.
  • 17. Doing Business 2012 Côte d'Ivoire 17 STARTING A BUSINESS What are the changes over time? While the most recent Doing Business data reflect how the process have changed—and which have not (table easy (or difficult) it is to start a business in Côte 2.1). That can help identify where the potential for d'Ivoire today, data over time show which aspects of improvement is greatest. Table 2.1 The ease of starting a business in Côte d'Ivoire over time By Doing Business report year Indicator DB2004 DB2005 DB2006 DB2007 DB2008 DB2009 DB2010 DB2011 DB2012 Rank .. .. .. .. .. .. .. 171 170 Procedures (number) 11 11 11 11 10 10 10 10 10 Time (days) 62 58 45 45 40 40 40 40 32 Cost (% of income per 139.5 133.6 134.9 134.1 135.8 135.1 133.3 133.0 132.6 capita) Paid-in Min. Capital (% 212.5 222.3 225.2 226.7 219.8 215.9 204.9 202.9 200.4 of income per capita) Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes to the methodology. Source: Doing Business database.
  • 18. Doing Business 2012 Côte d'Ivoire 18 STARTING A BUSINESS Equally helpful may be the benchmarks provided by Côte d'Ivoire on ways to improve the ease of starting a the economies that today have the best performance business. And changes in regional averages can show regionally or globally on the procedures, time, cost or where Côte d'Ivoire is keeping up—and where it is paid-in minimum capital required to start a business falling behind. (figure 2.3). These economies may provide a model for Figure 2.3 Has starting a business become easier over time? Procedures (number) Time (days)
  • 19. Doing Business 2012 Côte d'Ivoire 19 STARTING A BUSINESS Cost (% of income per capita) Paid-in minimum capital (% of income per capita) Note: The economy with the best performance regionally on each indicator, and the economy with the best performance globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an indicator. In the case of paid-in minimum capital, 82 economies globally and economies in Sub-Saharan Africa have no paid-in minimum capital. Source: Doing Business database.
  • 20. Doing Business 2012 Côte d'Ivoire 20 STARTING A BUSINESS Economies around the world have taken steps making greater firm satisfaction and savings and more it easier to start a business—streamlining procedures registered businesses, financial resources and job by setting up a one-stop shop, making procedures opportunities. simpler or faster by introducing technology and What business registration reforms has Doing Business reducing or eliminating minimum capital requirements. recorded in Côte d'Ivoire (table 2.2)? Many have undertaken business registration reforms in stages—and they often are part of a larger regulatory reform program. Among the benefits have been Table 2.2 How has Côte d'Ivoire made starting a business easier—or not? By Doing Business report year DB Year Reform Côte d’Ivoire made starting a business easier by reorganizing DB2012 the court clerk’s office where entrepreneurs file their company documents. DB2011 No reform. DB2010 No reform. DB2009 No reform. Note: For information on reforms in earlier years (back to DB2005), see the Doing Business reports for these years, available at http://www.doingbusiness.org. Source: Doing Business database.
  • 21. Doing Business 2012 Côte d'Ivoire 21 STARTING A BUSINESS What are the details? Underlying the indicators shown in this chapter for STANDARDIZED COMPANY Côte d'Ivoire is a set of specific procedures—the bureaucratic and legal steps that an entrepreneur must complete to incorporate and register a new City: Abidjan firm. These are identified by Doing Business through collaboration with relevant local Legal Form: Société à Responsabilité Limitée (SARL) - Limited professionals and the study of laws, regulations and Liability Company publicly available information on business entry in Start-up capital: 10 times GNI per capita that economy. Following is a detailed summary of those procedures, along with the associated time Paid-in minimum capital (% of income per and cost. These procedures are those that apply to capita): 200.4 a company matching the standard assumptions (the ―standardized company‖) used by Doing Business in collecting the data (see the section in this chapter on what the indicators measure). Summary of procedures for starting a business in Côte d'Ivoire—and the time and cost Time to No. Procedure Cost to complete complete Deposit the initial capital in a bank and obtain a receipt 1 1 day no charge Obtain two extracts of the criminal record of the managers 2 4 days XOF 3000 * A notary certifies the paid-in capital The procedure varies according if the notary deposits the capital or if 10% of initial capital 2 days (simultaneous the applicant deposits the capital. (including notary fees, 3 with previous If the capital is deposited in a bank account, the deposit attestation : registration and procedure) "l'attestation de dépôt" is usually given the same or the following day stamps cost) depending on the bank. If the applicant goes to the notary to deposit the min capital, then it takes un minimum of 7 days. Register with the Direction de l’Enregistrement et du Timbre Registration with Direction de l'Enregistrement et du Timbre must take place within a month of the date of signing of the statutes. Otherwise, the registration and stamp duty fees double. included in procedure 4 Duty: 7 days 3 - If capital is less than or equal to FCFA 5 billion: 0.6% of capital. - If capital is FCFA 5 billion or more: 0.2% of capital. Stamps duties must be paid on articles of incorporation as well as on the notary statement (DNSV) at a cost of 500 FCFA per page. Recording the DNSV is subject to a fixed fee of FCFA 18.000
  • 22. Doing Business 2012 Côte d'Ivoire 22 Time to No. Procedure Cost to complete complete Publish the formation notice in a legal journal Publication of a company formation notice in the official gazette 5 ―Journal officiel‖ or a newspaper shall be accomplished within a period 3 days XOF 8760 per line of fifteen days following registration. The insertion of the legal notice, signed by the notary or by the founders costs 8 760 FCFA/line; the total cost depends of the number of lines of the notice. Legalization of the copies of newspaper publication by the local council services 6 2 days XOF 2100 Three samples of the newspaper are bought for FCFA 600, and their authentication cost is FCFA 1,500. Representatives from the respective legal journals must authenticate the copy that contains the notice. File documents with the Court’s Clerk Office (Greffe du Tribunal) with the Registre du Commerce et du Crédit Mobilier (RCCM) Costs to file the documents are as follows: - Declaration de constitution de société (M0 and M0bis) (five printed forms): No charge. - Commercial registration at the RCCM : FCFA 50,000. - Deposit of articles of incorporation and DNSV: FCFA 5,000. Notes: (1) For the deposit of any other document at the Commercial Registry (e.g., a resolution), a fixed fee of FCFA 5,000 applies. (2) The declaration forms can be picked up in the Chamber of Commerce and Industry to save time waiting for the Court’s Clerk to complete them. 7 The following documents must be attached to the application: 3 days XOF 55000 - The form ―Declaration de constitution de société‖ (M0 and M0bis) (four printed copies). Forms are free and available at the Registre du Commerce et du Crédit Mobilier (RCCM) or the Chamber of Commerce and Industry. - The DNSV (two originals or certified copies). - The statutes (two originals or certified copies). - The subscription list (two originals or certified copies). - The resolution designating the managers (two originals or certified copies). - The criminal records of the managers (two originals extracts). Note: The criminal records must be delivered by the Ivorian authorities. If the managers are not of Ivorian nationality, an original extract of their criminal record (or an equivalent document) must be delivered by their native country’s authorities. File a declaration of commencement of business (Déclaration Fiscale d’Existence) with the Tax Department, Ministry of Economy and Finance 8 10 days XOF 5000 According to the 2005 fiscal law (dated April 25, 2005), any company that intends to create a business must declare its activity and register for taxes before beginning its activity. That formality triggers the
  • 23. Doing Business 2012 Côte d'Ivoire 23 Time to No. Procedure Cost to complete complete payment in advance of the business license tax. The declaration covers all taxes. Upon filing the declaration d'existence fiscale and paying the business license tax (patente), the company receives a taxpayer account (numéro de compte contribuable). The local tax office calculates the amount of the business license tax on the basis of (a) the estimated annual turnover for the first year of operation; and (b) the cost of the business premises’ rent (or an estimation of the value of the premises if owned by the company). Register the employees with the National Social Security Fund (CNPS) A newly formed company must apply for its social registration near the Caisse Nationale de Prévoyance Sociale (CNPS), by presenting the following documents: - A registration form (available at the CNPS). - The company’s commercial registration (one copy). - The company’s tax registration (one copy). - A receipt of utility (electricity or water) payment (one copy). - The national identity card of the company’s managing director (one copy). 9 1 day no charge The registration number (numéro matricule) is now sent electronically to the entrepreneur. In addition, employees must be registered near the CNPS. To that end, the following must be filed with the CNPS: - Completed registration form (available near the CNPS). - National identity card or birth certificate of the employee (one copy). - Identity photos of the employee (two). - Marriage certificate of the employee, if any (one copy). - Birth certificate of children, if any (one copy). - Social security number of the employee, if any (for employees with work history). Obtain a company seal 10 1 day XOF 10000 * Takes place simultaneously with another procedure. Source: Doing Business database.
  • 24. Doing Business 2012 Côte d'Ivoire 24 DEALING WITH CONSTRUCTION PERMITS Regulation of construction is critical to protect the WHAT THE DEALING WITH CONSTRUCTION public. But it needs to be efficient, to avoid PERMITS INDICATORS MEASURE excessive constraints on a sector that plays an important part in every economy. Where complying with building regulations is excessively costly in Procedures to legally build a warehouse time and money, many builders opt out. They may (number) pay bribes to pass inspections or simply build Submitting all relevant documents and illegally, leading to hazardous construction that obtaining all necessary clearances, licenses, puts public safety at risk. Where compliance is permits and certificates simple, straightforward and inexpensive, everyone Completing all required notifications and is better off. receiving all necessary inspections What do the indicators cover? Obtaining utility connections for water, Doing Business records the procedures, time and sewerage and a fixed telephone line cost for a business to obtain all the necessary Registering the warehouse after its approvals to build a simple commercial warehouse completion (if required for use as collateral or in the economy’s largest business city, connect it to for transfer of the warehouse) basic utilities and register the property so that it Time required to complete each procedure can be used as collateral or transferred to another (calendar days) entity. Does not include time spent gathering The ranking on the ease of dealing with information construction permits is the simple average of the Each procedure starts on a separate day percentile rankings on its component indicators: procedures, time and cost. Procedure completed once final document is received To make the data comparable across economies, Doing Business uses several assumptions about the No prior contact with officials business and the warehouse, including the utility Cost required to complete each procedure (% connections. of income per capita) The business: Official costs only, no bribes  Is a limited liability company operating in  Will be connected to water, sewerage the construction business and located in (sewage system, septic tank or their the largest business city. equivalent) and a fixed telephone line. The  Is domestically owned and operated. connection to each utility network will be 10 meters (32 feet, 10 inches) long.  Has 60 builders and other employees.  Will be used for general storage, such as of The warehouse: books or stationery (not for goods requiring  Is a new construction (there was no special conditions). previous construction on the land).  Will take 30 weeks to construct (excluding all  Has complete architectural and technical delays due to administrative and regulatory plans prepared by a licensed architect. requirements).
  • 25. Doing Business 2012 Côte d'Ivoire 25 DEALING WITH CONSTRUCTION PERMITS Where does the economy stand today? What does it take to comply with the formalities to permits there requires 18 procedures, takes 583 days build a warehouse in Côte d'Ivoire? According to data and costs 204.8% of income per capita (figure 3.1). collected by Doing Business, dealing with construction Figure 3.1 What it takes to comply with formalities to build a warehouse in Côte d'Ivoire Note: For details on the procedures reflected here, see the summary at the end of this chapter. Source: Doing Business database.
  • 26. Doing Business 2012 Côte d'Ivoire 26 DEALING WITH CONSTRUCTION PERMITS Globally, Côte d'Ivoire stands at 169 in the ranking of ranking provide other useful information for assessing 183 economies on the ease of dealing with how easy it is for an entrepreneur in Côte d'Ivoire to construction permits (figure 3.2). The rankings for legally build a warehouse. comparator economies and the regional average Figure 3.2 How Côte d'Ivoire and comparator economies rank on the ease of dealing with construction permits Source: Doing Business database.
  • 27. Doing Business 2012 Côte d'Ivoire 27 DEALING WITH CONSTRUCTION PERMITS What are the changes over time? While the most recent Doing Business data reflect how aspects of the process have changed—and which have easy (or difficult) it is to deal with construction permits not (table 3.1). That can help identify where the in Côte d'Ivoire today, data over time show which potential for improvement is greatest. Table 3.1 The ease of dealing with construction permits in Côte d'Ivoire over time By Doing Business report year Indicator DB2006 DB2007 DB2008 DB2009 DB2010 DB2011 DB2012 Rank .. .. .. .. .. 168 169 Procedures (number) 18 18 18 18 19 18 18 Time (days) 619 619 619 619 620 583 583 Cost (% of income per 231.2 232.9 225.8 221.7 210.4 207.3 204.8 capita) Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes to the methodology. For more information on “no practice” marks, see the data notes for details. Source: Doing Business database.
  • 28. Doing Business 2012 Côte d'Ivoire 28 DEALING WITH CONSTRUCTION PERMITS Equally helpful may be the benchmarks provided by d'Ivoire on ways to improve the ease of dealing with the economies that today have the best performance construction permits. And changes in regional regionally or globally on the procedures, time or cost averages can show where Côte d'Ivoire is keeping up— required to deal with construction permits (figure 3.3). and where it is falling behind. These economies may provide a model for Côte Figure 3.3 Has dealing with construction permits become easier over time? Procedures (number) Time (days)
  • 29. Doing Business 2012 Côte d'Ivoire 29 DEALING WITH CONSTRUCTION PERMITS Cost (% of income per capita) Note: The economy with the best performance regionally on each indicator, and the economy with the best performance globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an indicator. In cases where no data are displayed above for the economy, this indicates that the economy has received a “no practice” mark; see the data notes for details. Source: Doing Business database.
  • 30. Doing Business 2012 Côte d'Ivoire 30 DEALING WITH CONSTRUCTION PERMITS Smart regulation ensures that standards are met while building safety while keeping compliance costs making compliance easy and accessible to all. reasonable, governments around the world have Coherent and transparent rules, efficient processes and worked on consolidating permitting requirements. adequate allocation of resources are especially What construction permitting reforms has Doing important in sectors where safety is at stake. Business recorded in Côte d'Ivoire (table 3.2)? Construction is one of them. In an effort to ensure Table 3.2 How has Côte d'Ivoire made dealing with construction permits easier—or not? By Doing Business report year DB Year Reform DB2012 No reform. DB2011 Côte d’Ivoire eased construction permitting by eliminating the need to obtain a preliminary approval. DB2010 No reform. DB2009 No reform. Note: For information on reforms in earlier years (back to DB2006), see the Doing Business reports for these years, available at http://www.doingbusiness.org. Source: Doing Business database.
  • 31. Doing Business 2012 Côte d'Ivoire 31 DEALING WITH CONSTRUCTION PERMITS What are the details? The indicators reported here for Côte d'Ivoire are BUILDING A WAREHOUSE based on a set of specific procedures—the steps that a company must complete to legally build a warehouse—identified by Doing Business through City : Abidjan information collected from experts in construction licensing, including architects, construction Estimated lawyers, construction firms, utility service providers XOF 455,210,000 Warehouse Value : and public officials who deal with building regulations. These procedures are those that apply The procedures, along with the associated time and to a company and structure matching the standard cost, are summarized below. assumptions used by Doing Business in collecting the data (see the section in this chapter on what the indicators cover). Summary of procedures for dealing with construction permits in Côte d'Ivoire —and the time and cost Time to No. Procedure Cost to complete complete Obtain recent proof of land title 1 30 days XOF 5,000 Only about 30% of landowners have a property title. Obtain topographical surveys by an authorized land surveyor (6 copies) 2 75 days XOF 710,000 In an urban zone, the cost for the technical dossier that is the basis for six excerpts is fixed at XOF 710,000 by the Order of Land Surveyors. The land surface is taken into account in rural areas. Obtain approval of survey excerpts by water authorities (Société de Distribution D’Eau de Côte D’Ivoire) 3 BuildCo must submit to the electricity company six copies of the 10 days no charge topographical surveys and the property titles. The electricity company must be informed about the type of electricity needed (low or medium tension). Obtain approval of survey excerpts by electricity company (Compagnie Ivoirienne D’Electricité de Côte D’Ivoire) 4 10 days no charge BuildCo must submit to the water company six copies of the topographical surveys and property titles. Obtain approval of survey excerpts by land authorities (Domaine Urbain or Conservation Foncière) 70 days XOF 5,000 5 Obtain certificate of town-planning 6 30 days XOF 5,000 7 Obtain approval of plans by decontamination department 30 days XOF 5,000
  • 32. Doing Business 2012 Côte d'Ivoire 32 Time to No. Procedure Cost to complete complete (direction d’assainissement) Submit building plans for approval by the President of the Order of Architects. 1 day no charge 8 Obtain Building Permit The dossier required to obtain a building permit comprises the following documents: - Block plan (scale,1/500, 1/200, 1/100). - Execution plan (scale 1/50). - Summary of technical specifications. - Summary of cost estimates. - Proof of property ownership - Written approval from the Minister of Urban Planning. Six copies of the dossier must be sent to the Building Permit Commission. The commission is comprised of the Construction Minister, a representative of the 200 days XOF 70,000 9 municipality, a representative of the Civil Protection Department, a representative from the Hygiene Department, and a representative from the Order of Architects. The building permit is obtained in an average of 4 to 6 months if one does not pay bribes. Two weeks after submission, the dossier is sent to the municipality, where the permit fee is paid. An independent external architect will be contracted to review the application if project cost is higher than XOF 30 million or for the construction of cinemas, factories, schools, pharmacies, or any building open to the public. Obtain plan approval by central municipality Although a municipal representative is part of the building permit 10 commission, BuildCo must also obtain the approval of the central 20 days XOF 50,000 municipality, which delivers the building authorization number. The municipality’s participation in the commission is limited to technical advice. Obtain approval of plans by fire department 11 14 days no charge Receive inspection from the national security commission to verify that the building is conform to security standards 1 day no charge 12 The inspections are unannounced. Obtain certificate of conformity 13 75 days no charge Request water connection 14 1 day no charge Receive site inspection by water company 15 1 day no charge The inspection takes place within a week of applying for electricity. The cost estimate is given days after the inspection. Obtain water connection 14 days XOF 130,000 16
  • 33. Doing Business 2012 Côte d'Ivoire 33 Time to No. Procedure Cost to complete complete It takes 7 days to obtain the connection once the payment is made. The total time, from the application to the final connection, may take up to a month if no preliminary installation was made. The water service agency is generally efficient, and the connection can be obtained quickly. * Request phone line 17 A site plan is attached to the application. Inspections only take place for 7 days XOF 22,000 complicated cases. One may pay for the phone connection at the time of the application. Request and receive inspection from "SECUREL", Laboratory of Buildings and Public Works 18 1 day XOF 20,000 If one pays for the inspector’s transportation, the inspection can occur the same day. Otherwise, it will take place in 2 days. * Takes place simultaneously with another procedure. Source: Doing Business database.
  • 34. Doing Business 2012 Côte d'Ivoire 34 GETTING ELECTRICITY Access to reliable and affordable electricity is vital WHAT THE GETTING ELECTRICITY for businesses. To counter weak electricity supply, many firms in developing economies have to rely INDICATORS MEASURE on self-supply, often at a prohibitively high cost. Whether electricity is reliably available or not, the Procedures to obtain an electricity first step for a customer is always to gain access by connection (number) obtaining a connection. Submitting all relevant documents and What do the indicators cover? obtaining all necessary clearances and permits Doing Business records all procedures required for Completing all required notifications and a local business to obtain a permanent electricity receiving all necessary inspections connection and supply for a standardized warehouse, as well as the time and cost to Obtaining external installation works and complete them. These procedures include possibly purchasing material for these works applications and contracts with electricity utilities, Concluding any necessary supply contract and clearances from other agencies and the external obtaining final supply and final connection works. The ranking on the ease of getting electricity is the simple average of Time required to complete each procedure the percentile rankings on its component (calendar days) indicators: procedures, time and cost. To make the Is at least 1 calendar day data comparable across economies, several assumptions are used. Each procedure starts on a separate day The warehouse: Does not include time spent gathering information  Is located in the economy’s largest business city, in an area where other Reflects the time spent in practice, with little warehouses are located. follow-up and no prior contact with officials  Is not in a special economic zone where Cost required to complete each procedure the connection would be eligible for (% of income per capita) subsidization or faster service. Official costs only, no bribes  Has road access. The connection works Excludes value added tax involve the crossing of a road or roads but are carried out on public land.  Is 150 meters long.  Is a new construction being connected to  Is to either the low-voltage or the medium- electricity for the first time. voltage distribution network and either overhead  Has 2 stories, both above ground, with a or underground, whichever is more common in total surface of about 1,300.6 square the economy and in the area where the meters (14,000 square feet), and is built on warehouse is located. The length of any a plot of 929 square meters (10,000 square connection in the customer’s private domain is feet). negligible. The electricity connection:  Involves installing one electricity meter. The monthly electricity consumption will be 0.07  Is a 3-phase, 4-wire Y, 140-kilovolt-ampere gigawatt-hour (GWh). The internal electrical (kVA) (subscribed capacity) connection. wiring has been completed.
  • 35. Doing Business 2012 Côte d'Ivoire 35 GETTING ELECTRICITY Where does the economy stand today? What does it take to obtain a new electricity requires 5 procedures, takes 33 days and costs connection in Côte d'Ivoire? According to data 4002.3% of income per capita (figure 4.1). collected by Doing Business, getting electricity there Figure 4.1 What it takes to obtain an electricity connection in Côte d'Ivoire Note: For details on the procedures reflected here, see the summary at the end of this chapter. Source: Doing Business database.
  • 36. Doing Business 2012 Côte d'Ivoire 36 GETTING ELECTRICITY Globally, Côte d'Ivoire stands at 73 in the ranking of perspective in assessing how easy it is for an 183 economies on the ease of getting electricity entrepreneur in Côte d'Ivoire to connect a warehouse (figure 4.2). The rankings for comparator economies to electricity. and the regional average ranking provide another Figure 4.2 How Côte d'Ivoire and comparator economies rank on the ease of getting electricity Source: Doing Business database.
  • 37. Doing Business 2012 Côte d'Ivoire 37 GETTING ELECTRICITY Even more helpful than rankings for other economies economies, the practices of their utilities may provide a may be the indicators underlying those rankings (table model for Côte d'Ivoire on ways to improve the ease of 4.1). If obtaining a new electricity connection requires getting electricity. Regional and global averages on fewer procedures, less time or less cost in other these indicators may provide useful benchmarks. Table 4.1 The ease of getting electricity in Côte d'Ivoire and comparator economies Global average Africa average Côte d'Ivoire Burkina Faso Sub-Saharan Senegal Nigeria Benin Togo Mali Indicator Rank 73 140 139 113 176 168 92 122 .. Procedures (number) 5 4 4 4 8 6 4 5 5 Time (days) 33 158 158 120 260 125 74 137 111 Cost (% of income per capita) 4002.3 15205.3 13356.8 4397.7 1056.0 5938.9 6023.2 5,429.8 1,942.3 Source: Doing Business database.
  • 38. Doing Business 2012 Côte d'Ivoire 38 GETTING ELECTRICITY What are the details? The indicators reported here for Côte d'Ivoire are OBTAINING AN ELECTRICITY CONNECTION based on a set of specific procedures—the steps that an entrepreneur must complete to get a warehouse connected to electricity by the local distribution City: Abidjan utility—identified by Doing Business. Data are collected from the distribution utility, then completed and Name of Utility: Compagnie Ivoirienne verified by electricity regulatory agencies and d'Electricité (CIE) independent professionals such as electrical engineers, The procedures are those that apply to a warehouse electrical contractors and construction companies. The and electricity connection matching the standard electricity distribution utility surveyed is the one assumptions used by Doing Business in collecting the serving the area (or areas) in which warehouses are data (see the section in this chapter on what the located. If there is a choice of distribution utilities, the indicators cover). The procedures, along with the one serving the largest number of customers is associated time and cost, are summarized below. selected. Summary of procedures for getting electricity in Côte d'Ivoire—and the time and cost Time to No. Procedure Cost to complete complete Submit application for a new connection with the local Compagnie Ivoirienne d'Electricité (CIE) customer office and await estimate 1 The application has to be submitted in person. The following documents 14 calendar days no charge have to be attached: the certificate confirming the security of the internal wiring, a topographique excerpt or the building permit to justify the quality of the land owner. * Obtain conformity control of the internal wiring at government agency SECUREL 2 Before applying for a new connection, the customer has to ask for an 11 calendar days XOF 200,000.0 internal inspection at LBTP/Securel to obtain a certificate of conformity. SECUREL is a government agency that was created to check the internal wiring in buildings of new customers. * Compagnie Ivoirienne d'Electricité (CIE) carries out external inspection of the site 3 CIE is coming to the site to do an external inspection to determine the 3 calendar days no charge cost of the connection and to do a technical study that details what works have to be done. Someone from the customer’s party has to be present. Hire electrical contractor, bring material for testing, await completion of external connection works, receive inspections 4 For a requested load of 140kVA, in general an additional transformer 19 calendar days XOF 19,768,097.8 needs to be installed. The customer would hire an electrical contractor to buy the material and to install the transformer. The contractor of the client brings the material to CIE for an inspection/testing. Transformers
  • 39. Doing Business 2012 Côte d'Ivoire 39 Time to No. Procedure Cost to complete complete of 160kVA are usually available at the utility. There would be no waiting time to buy a transformer. The customer would have to pay the full cost for the transformer and the installation. The electrical contractor would also do the final connection. The utility is supervising the work of the electrical contractor. Basically, the utility would pass by every day to check and supervise the works executed by the contractor. * CIE installs the meter and conclude supply contract with Compagnie Ivoirienne d'Electricité (CIE) 5 The customer would conclude a supply contract with CIE. To conclude a 14 calendar days no charge supply contract, the customer would have to submit the certificate of conformity of the internal wiring and the number of the new connection or the estimate of the new connection. CIE installs the meter. * Takes place simultaneously with another procedure. Source: Doing Business database.
  • 40. Doing Business 2012 Côte d'Ivoire 40 REGISTERING PROPERTY Ensuring formal property rights is fundamental. WHAT THE REGISTERING PROPERTY Effective administration of land is part of that. If INDICATORS MEASURE formal property transfer is too costly or complicated, formal titles might go informal again. And where property is informal or poorly Procedures to legally transfer title on administered, it has little chance of being immovable property (number) accepted as collateral for loans—limiting access to Preregistration (for example, checking for liens, finance. notarizing sales agreement, paying property transfer taxes) What do the indicators cover? Registration in the economy’s largest business Doing Business records the full sequence of city procedures necessary for a business to purchase property from another business and transfer the Postregistration (for example, filing title with the municipality) property title to the buyer’s name. The transaction is considered complete when it is opposable to Time required to complete each procedure third parties and when the buyer can use the (calendar days) property, use it as collateral for a bank loan or Does not include time spent gathering resell it. The ranking on the ease of registering information property is the simple average of the percentile rankings on its component indicators: procedures, Each procedure starts on a separate day time and cost. Procedure completed once final document is received To make the data comparable across economies, several assumptions about the parties to the No prior contact with officials transaction, the property and the procedures are Cost required to complete each procedure used. (% of property value) The parties (buyer and seller): Official costs only, no bribes  Are limited liability companies, 100% No value added or capital gains taxes included domestically and privately owned.  Are located in the periurban area of the economy’s largest business city.  Has no mortgages attached and has been under the same ownership for the past 10  Have 50 employees each, all of whom are years. nationals.  Consists of 557.4 square meters (6,000 square  Perform general commercial activities. feet) of land and a 10-year-old, 2-story The property (fully owned by the seller): warehouse of 929 square meters (10,000  Has a value of 50 times income per capita. square feet). The warehouse is in good The sale price equals the value. condition and complies with all safety standards, building codes and legal  Is registered in the land registry or requirements. The property will be transferred cadastre, or both, and is free of title in its entirety. disputes.  Is located in a periurban commercial zone, and no rezoning is required.
  • 41. Doing Business 2012 Côte d'Ivoire 41 REGISTERING PROPERTY Where does the economy stand today? What does it take to complete a property transfer in procedures, takes 62 days and costs 13.9% of the Côte d'Ivoire? According to data collected by Doing property value (figure 5.1). Business, registering property there requires 6 Figure 5.1 What it takes to register property in Côte d'Ivoire Note: For details on the procedures reflected here, see the summary at the end of this chapter. Source: Doing Business database.
  • 42. Doing Business 2012 Côte d'Ivoire 42 REGISTERING PROPERTY Globally, Côte d'Ivoire stands at 158 in the ranking of and the regional average ranking provide other useful 183 economies on the ease of registering property information for assessing how easy it is for an (figure 5.2). The rankings for comparator economies entrepreneur in Côte d'Ivoire to transfer property. Figure 5.2 How Côte d'Ivoire and comparator economies rank on the ease of registering property Source: Doing Business database.
  • 43. Doing Business 2012 Côte d'Ivoire 43 REGISTERING PROPERTY What are the changes over time? While the most recent Doing Business data reflect how the process have changed—and which have not (table easy (or difficult) it is to register property in Côte 5.1). That can help identify where the potential for d'Ivoire today, data over time show which aspects of improvement is greatest. Table 5.1 The ease of registering property in Côte d'Ivoire over time By Doing Business report year Indicator DB2005 DB2006 DB2007 DB2008 DB2009 DB2010 DB2011 DB2012 Rank .. .. .. .. .. .. 154 158 Procedures (number) 7 7 6 6 6 6 6 6 Time (days) 397 397 62 62 62 62 62 62 Cost (% of property value) 13.9 14.0 14.0 13.9 13.9 13.9 13.9 13.9 Note: n.a. = not applicable (the economy was not included in Doing Business for that year). DB2012 rankings reflect changes to the methodology. For more information on “no practice” marks, see the data notes for details. Source: Doing Business database.
  • 44. Doing Business 2012 Côte d'Ivoire 44 REGISTERING PROPERTY Equally helpful may be the benchmarks provided by d'Ivoire on ways to improve the ease of registering the economies that today have the best performance property. And changes in regional averages can show regionally or globally on the procedures, time or cost where Côte d'Ivoire is keeping up—and where it is required to complete a property transfer (figure 5.3). falling behind. These economies may provide a model for Côte Figure 5.3 Has registering property become easier over time? Procedures (number) Time (days)
  • 45. Doing Business 2012 Côte d'Ivoire 45 REGISTERING PROPERTY Cost (% of property value) Note: The economy with the best performance regionally on each indicator, and the economy with the best performance globally, are included as benchmarks. In some cases 2 or more economies share the top regional or global ranking on an indicator. In cases where no data are displayed above for the economy, this indicates that the economy has received a “no practice” mark; see the data notes for details. Source: Doing Business database.
  • 46. Doing Business 2012 Côte d'Ivoire 46 REGISTERING PROPERTY Economies worldwide have been making it easier for have cut the time required substantially—enabling entrepreneurs to register and transfer property—such buyers to use or mortgage their property earlier. What as by computerizing land registries, introducing time property registration reforms has Doing Business limits for procedures and setting low fixed fees. Many recorded in Côte d'Ivoire (table 5.2)? Table 5.2 How has Côte d'Ivoire made registering property easier—or not? By Doing Business report year DB Year Reform DB2012 No reform. DB2011 No reform. DB2010 No reform. DB2009 No reform. Note: For information on reforms in earlier years (back to DB2005), see the Doing Business reports for these years, available at http://www.doingbusiness.org. Source: Doing Business database.
  • 47. Doing Business 2012 Côte d'Ivoire 47 REGISTERING PROPERTY What are the details? The indicators reported here are based on a set of STANDARD PROPERTY TRANSFER specific procedures—the steps that a buyer and seller must complete to transfer the property to the buyer’s name—identified by Doing Business City: Abidjan through information collected from local property Property Value: 24,945,632.3 lawyers, notaries and property registries. These procedures are those that apply to a transaction The procedures, along with the associated time and matching the standard assumptions used by Doing cost, are summarized below. Business in collecting the data (see the section in this chapter on what the indicators cover). Summary of procedures for registering property in Côte d'Ivoire—and the time and cost Time to No. Procedure Cost to complete complete * The notary solicits the real estate rights record before the Services de la Conservation Foncière 10 days 3,000 FCFA + 1.7 to The notary will usually perform the entire process on behalf of the (simultaneous with 2.7% property value 1 parties and charge them between 16% and 17% property value including procedures 2 and 3) (notary fees) his fees as well as all necessary taxes and fees during the process. The taxes and fees alone would cost approximately 14.3% property value, hence the 1.7 - 2.7% fees calculation. * The notary obtains a tax clearance 2-4 days The notary should obtain a tax clearance on the property stating that all (simultaneous with 5,000 FCFA 2 property taxes related to it have been paid. He can execute the contract procedures 1 and 3) on behalf of the parties without the clearance, but must obtain it within one month. * Obtain a Location Certificate According to the Law, article 36 of the Loi de Finances of 2002-156 du 15 3 days 3 mars 2002, it is required to obtain a Location Certificate. This certificate (simultaneous with 100,000 FCFA will is done by a registered Surveyor (Geometre) and the certificate will procedures 1 and 2) describe the buildings, information about the property title and the boundaries of the property. Prepare sale deed no cost (honoraria of 4 10 days (variable) the notary) The notary prepares the sale deed that both parties will sign. Deposit the sale agreement for registration at the local tax 10% property value authorities (proportional 10 days registration fees) + 5 The notary files the sale agreement with the Tax authorities to be 3% for Capital Gains registered. The registration fee representing 10% of the property value Tax (not included in is paid at that time. calculation and paid
  • 48. Doing Business 2012 Côte d'Ivoire 48 Time to No. Procedure Cost to complete complete by the Vendor) Register the transfer at the Land Registry "Administration de la Conservation Fonciere et du Cadastre" 15,000 FCFA (new property certificate) 6 The notary will request a name transfer at the Land registry. The transfer 32 days + 1.2% (transfer tax tax is as follows: + salaire du 0.4% the Registrar salary conservateur) 0.8% recettes domaniales * Takes place simultaneously with another procedure. Source: Doing Business database.