Buzz Ethiopia
Source: doingbusiness.org
Addis Abeba
This page summarizes Doing Business 2014 data for Ethiopia. The first table lists the overall “Ease of Doing Business” rank (out of 189 economies) and the rankings by each topic. It also lists the economy’s distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.
ECONOMY OVERVIEW
| REGION | Sub-Saharan Africa |
|---|---|
| INCOME CATEGORY | Low income |
| POPULATION | 91,728,849 |
| GNI PER CAPITA (US$) | 410 |
| CITY COVERED | Addis Ababa |
| DOING BUSINESS 2014 RANK | DOING BUSINESS 2013 RANK*** | CHANGE IN RANK |
|---|---|---|
| 125 | 124 |  |
| DOING BUSINESS 2014 DTF** (% POINTS) | DOING BUSINESS 2013 DTF** (% POINTS) | IMPROVEMENT IN DTF** (% POINTS) |
|---|---|---|
| 57.56 | 55.94 |  |
- Distance to Frontier
-
Rankings
TOPICS DB 2014 Rank DB 2013 Rank Change in Rank Starting a Business 166 162 
-4Dealing with Construction Permits 55 55 No change Getting Electricity 91 98 
7Registering Property 113 107 -6Getting Credit 109 105 -4Protecting Investors 157 156 -1Paying Taxes 109 103 -6Trading Across Borders 166 165 -1Enforcing Contracts 44 44 No change Resolving Insolvency 75 77 2
| DB 2014 RANK | 166 | DB 2013 RANK*** | 162 | CHANGE IN RANK | |
|---|
| DB 2014 DTF** (% POINTS) | 61.43 | DB 2013 DTF** (% POINTS) | 53.99 | IMPROVEMENT IN DTF** (% POINTS) | |
|---|
Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.
| Indicator | Ethiopia | Sub-Saharan Africa | OECD |
|---|---|---|---|
|
Procedures (number)
|
9 | 8 | 5 |
|
Time (days)
|
15.0 | 29.7 | 11.1 |
|
Cost (% of income per capita)
|
100.1 | 67.4 | 3.6 |
|
Paid-in Min. Capital (% of income per capita)
|
184.2 | 125.7 | 10.4 |
| No. | Procedure | Time to Complete | Associated Costs |
|---|---|---|---|
| 1 | Reserve a unique company name | 1 day | no charge |
| 2 | Authentication of the company documents and the lease agreement at the Documents Authentication and Registration Office (DARO) | 2 days | ETB 390 |
| 3 | Submit documents and obtain a letter from the Commercial Registry to open a bank account | 1 day | no charge |
| 4 | Open a bank account | 1 day | no charge |
| 5 | Register and obtain the commercial registration certificate | 1 day | ETB 80 |
| 6 | Make a company seal | 2-3 days | ETB 100 |
| 7 | Register with Ethiopian Revenue and Customs Authority for income tax and VAT | 2 days | no charge |
| 8 | Obtain a business license | 1 day | ETB 80 |
| 9 | Install a cash registration machine | 1-5 days | ETB 5,000-10,000 |
** The distance to frontier (DTF) measure shows the distance of each economy to the “frontier,” which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more…
***Last year’s rankings are adjusted: they are based on 10 topics and reflect data corrections.