Sub-Saharan Africa excluding South Africa and Nigeria | Starting a business, minimum capital (% of income per capita)
The paid-in minimum capital requirement reflects the amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following in­corporation and is recorded as a percentage of the country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.
Publisher
The World Bank
Origin
Sub-Saharan Africa excluding South Africa and Nigeria
Records
53
Source
Sub-Saharan Africa excluding South Africa and Nigeria | Starting a business, minimum capital (% of income per capita)
Sub-Saharan Africa excluding South Africa and Nigeria | Starting a business, minimum capital (% of income per capita)
The paid-in minimum capital requirement reflects the amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following in­corporation and is recorded as a percentage of the country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.
Publisher
The World Bank
Origin
Sub-Saharan Africa excluding South Africa and Nigeria
Records
53
Source