Seychelles - 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 Seychelles was 1.62 as of 2020. Its highest value over the past 14 years was 6.41 in 2008, while its lowest value was 1.54 in 2017.

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
2006 1.96
2007 6.33
2008 6.41
2009 2.36
2010 2.03
2011 1.89
2012 2.68
2013 1.98
2014 1.74
2015 2.19
2016 1.69
2017 1.54
2018 2.51
2019 2.35
2020 1.62

Time required to get electricity (days)

The value for Time required to get electricity (days) in Seychelles was 52.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 147.00 in 2012 and a minimum value of 52.00 in 2016.

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 147.00
2010 147.00
2011 147.00
2012 147.00
2013 137.00
2014 137.00
2015 137.00
2016 52.00
2017 52.00
2018 52.00
2019 52.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Seychelles was 2.30 as of 2019. Its highest value over the past 14 years was 25.40 in 2007, while its lowest value was 1.70 in 2012.

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 25.40
2006 25.40
2007 25.40
2008 22.60
2009 22.60
2010 22.60
2011 11.50
2012 1.70
2013 1.70
2014 1.70
2015 2.30
2016 2.30
2017 2.30
2018 2.30
2019 2.30

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Seychelles was 9.10 as of 2019. Its highest value over the past 14 years was 9.10 in 2019, while its lowest value was 0.30 in 2013.

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 0.50
2006 0.50
2007 0.50
2008 0.50
2009 0.70
2010 0.60
2011 0.60
2012 0.60
2013 0.30
2014 9.10
2015 9.10
2016 9.10
2017 9.10
2018 9.10
2019 9.10

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Seychelles was 18.80 as of 2019. Its highest value over the past 14 years was 23.60 in 2008, while its lowest value was 17.90 in 2011.

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 22.40
2006 22.40
2007 22.40
2008 23.60
2009 20.80
2010 18.90
2011 17.90
2012 21.20
2013 23.50
2014 19.00
2015 18.80
2016 18.80
2017 18.80
2018 18.80
2019 18.80

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment