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.