Starting a business
Starting a business is a long process in sub-Saharan Africa
and may cost a significant part of the per capita income. It is part of South Africa, although it
is less than 0.3% of per capita income, compared with over 60% in other parts
of the continent.
Building permits
The cost of building permits is also very low in South
Africa. Taking 13 procedures and 127 days, this is also a relatively silent
process, although several steps need to be taken.
Getting electricity
This is a major business problem in South Africa, it lasts
226 days and includes a series of extended procedures. Eskom, an energy
company, may take 60 days to provide an estimate and 165 days to complete its
external work.
Registration of property
It takes 23 days and 6 procedures for registering
of South Africa business company property, which can vary
significantly depending on how quickly and easily you can get the local
authority certificate and how much time it takes to transfer files to the
object register.
Receiving loans and protecting investors
South Africa is the world's first in order to facilitate
lending, according to the World Bank and the IFC, and has good structures to
protect investors.
Paying taxes
The payment of taxes takes 200 hours. Corporate taxes and
unemployment insurance contributions (UICs) are the two most difficult
procedures, the first being the most expensive.
Trade across borders
It is well known that South Africa is difficult to conduct
transactions abroad, but important steps are taken to overcome the difficulties
in cross-border trade. This is a cost-effective but long-lasting and convincing
document.
Contract implementation
Court proceedings and court decisions can, on average, take
500 days to execute contracts in South Africa, and lawyers and court fees can
make the procedure a costly test.
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