São Tomé and Principe - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in São Tomé and Principe was 2.21 as of 2020. Its highest value over the past 7 years was 3.28 in 2016, while its lowest value was 2.21 in 2020.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2013 2.84
2014 3.01
2015 2.94
2016 3.28
2017 2.65
2018 2.31
2019 2.24
2020 2.21

Time required to get electricity (days)

The value for Time required to get electricity (days) in São Tomé and Principe was 89.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 89.00 in 2019 and a minimum value of 89.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 89.00
2010 89.00
2011 89.00
2012 89.00
2013 89.00
2014 89.00
2015 89.00
2016 89.00
2017 89.00
2018 89.00
2019 89.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in São Tomé and Principe was 6.80 as of 2019. Its highest value over the past 14 years was 6.80 in 2019, while its lowest value was 6.80 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 6.80
2006 6.80
2007 6.80
2008 6.80
2009 6.80
2010 6.80
2011 6.80
2012 6.80
2013 6.80
2014 6.80
2015 6.80
2016 6.80
2017 6.80
2018 6.80
2019 6.80

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in São Tomé and Principe was 10.80 as of 2019. Its highest value over the past 14 years was 12.40 in 2010, while its lowest value was 10.70 in 2014.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 12.00
2006 12.40
2007 12.40
2008 12.40
2009 12.40
2010 12.40
2011 11.40
2012 11.40
2013 11.40
2014 10.70
2015 10.70
2016 10.80
2017 10.80
2018 10.80
2019 10.80

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in São Tomé and Principe was 19.40 as of 2019. Its highest value over the past 14 years was 32.30 in 2005, while its lowest value was 19.40 in 2016.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 32.30
2006 32.10
2007 32.10
2008 32.10
2009 32.10
2010 19.50
2011 19.80
2012 19.80
2013 19.80
2014 20.00
2015 20.00
2016 19.40
2017 19.40
2018 19.40
2019 19.40

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment